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| AB Premium Current Account |
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 Andhra Bank has introduced a Deposit Product " AB PREMIUM CURRENT ACCOUNT " |
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The salient features of scheme : |
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| Title of the Scheme |
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AB Premium Current A/c |
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| Type of Deposit |
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Current Deposit
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| Eligibility |
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All constituents who are eligible to open accounts under our existing Current Deposit Scheme.
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| Minimum Balance |
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Minimum Balance - Rs. 100,000/- |
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| Availability of The Scheme |
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All Branches |
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| Facilities |
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The insurance charges are to be collected at the time of opening the account and on 20th February every year
- Free Cheque Book Facility
- No Folio/ Transaction charges.
- Any Branch banking facility
- Instant Funds Transfer facility
- 50% concession in Service Charges for Funds Remittance Premium Current Account Holders can transfer their funds instantaneously among any of our CBS branches. They can transfer funds to their own accounts or to third party accounts within Our Bank
- Free Internet Banking:
- Free ATM or Debit Card (for first year ) Facility available for Premium Current Accounts held in favour of Individuals/Sole Proprietory Concerns.
- Free Monthly Statement of Account.
- Free Demat A/c (Conditions apply)
- Free Credit Card (Individuals/Sole Proprietory Concerns- Conditions apply )
- Balance in excess of Rs.200000/- can be converted as Term Deposits (in units multiple of Rs.10000/-) subject to the guidelines as applicable to AB Freedom (Flexi) Deposit Scheme.
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Other Terms and Conditions
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As applicable to normal Current Deposit Scheme. |
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| Please contact your nearest Andhra Bank CBS Branch for further details. |
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