KVB SMART. PRODUCT FEATURES FeaturesKVB offerings Monthly Average ATM - Debit CardVISA international Cheque book40 leaves per annum, (Rs.2.

Slides:

Advertisements

Similar presentations

TYPES OF BANK ACCOUNTS.

Advertisements

Experience the Next Generation Savings Account for YOUTHS

Checking and Savings Account Chapter 5. Tools of Monetary Asset Management Low-cost, interest-earning checking accounts (Type 1). Interest-earning savings.

CORPORATE SALARY PACKAGE. Benefits for Employees  Employees have free access to :  More than 21,000 State Bank Group ATMs  Internet Banking  Complete.

DRUK PNB BANK … Your Partner in Growth

Introduction INTERNATIONAL BANKING DEMAND DRAFTS PAY ORDER NBP PAKREMIT SHORT TERM INVESTMENTS EQUITY INVESTMENTS.

PRESENTATION ON RAILWAY SALARY PACKAGE BY STATE BANK OF INDIA

History of University credit union Established in 1947… could not find any other history on it…

Types of deposit accounts Saving deposit;- Savings deposit account is meant for individuals who wish to deposit small amounts out of their current income.

Checking Accounts 6° PERIOD – SHUMATE. What is a Checking Account? A transactional deposit account held at a financial institution that allows for withdrawals.

SIB Group Salary Savings Account Next Generation Savings Account For Every Employee “ One Account ….. Unlimited Conveniences….”

S HOPPING FOR THE RIGHT BANK Brianna Tucker. M ICHIGAN F IRST FIRST GEAR ACCOUNT First Gear Checking with no monthly or per-check fees and UNLIMITED check.

SIB Junior Savings Account Next Generation Savings Account for Students “There is no better time to experiment with the good things that come to your life….”

KVB PRESTIGE. PRODUCT FEATURES FeaturesKVB offerings Minimum BalanceRs.1,00,000 MAB Non-maintenance feesRs. 250 per month ATM - Debit CardFree International.

Simple Interest And Methods of Payment. * Whenever money is borrowed, the borrower (an individual, organisation or community) pays the lender (a bank.

Checking Accounts. Types of Checking Accounts Basic Free Interest-Bearing Joint Express Lifeline Senior/student Money market.

Topic 4 : Know the features of a current account.

Why It’s Important Paying with checks is the most common and safest medium of exchange.

Do Now 1)What is a checking account? 2) What is the difference between a checking account and a saving account?

RTGS/NEFT Fund remittance facilities. RTGS(Real Time Gross Settlement) The acronym 'RTGS' stands for Real Time Gross Settlement RTGS system is a funds.

September 9 & 10, Objectives  Determine how interest is compounded for savings accounts.  Explain the various electronic banking methods.  Identify.

Checking Accounts. What is a checking account? A bank account that allows easy access to the funds. You can use your checking account to pay bills. With.

Bank Accounts. Deposit Account: Deposit Account: An account at a banking institution which allows the account holder to deposit money into or withdraw.

Part 2: Accounts Dollars & Sense. Accounts Offered by Banks & Credit Unions Savings Certificates of Deposits (CD’s) Money Market Checking.

NOUR HAMMOUDE.  Where it is?  It is from a traditional bank  APY.10  Minimum balance to open the account is $100.  Fees: no fees it may reduce earning.

Banking Math 10 Essentials. Banking Transactions A bank is an financial institution which deals with cash, domestic and foreign, receives and stores deposits.

Trends in Banking. Product Innovation Investment products Gold / silver coins Marketing of insurance product Credit cards and debit cards Innovative services.

Comerica Bank Bank of America DFCU Financial

Alexa Yonan 1 st hour. Bank of America  Access/Basic Checking Minimum Balance: $300 or more Fees ○ No monthly maintenance fee if you meet a following.

Reasons we save... Emergencies Purchases Wealth building (future)

Financial Literacy Project Pradhan Mantri Jan Dhan Yojna.

Financial Literacy Project Pradhan Mantri Jan Dhan Yojna.

Savings Assignment Chelsea Edwards. Credit Union One Checking – Free Instant Issue MasterCard® Debit CardInstant Issue MasterCard® Debit Card – Free Direct.

Future Needs Emergencies Large Expenses Unsafe Loss of Growth

Deposit Accounts. Two Categories: Transaction deposits  An account that allows transactions to occur at any time and in any number. AKA demand deposits.

4.1: DEPOSIT ACCOUNTS CHAPTER 4: DEPOSITS IN BANKS.

Intermediate product: basic parameters for Walk-in customers Unlimited number of free transactions in off-us ATMs. High interest rate on balance - the.

Step 2 – Register a Card To register a UR Card, you can send an to or fill out the registration form at one of our awesome

Where Should I Put My Money? Choosing a Financial Institution.

Do Now Why do people have checking accounts?. Unit 4: Lesson 13: Checking Accounts Day 1 Objective: identify vocabulary terms related to checking accounts.

Savings Options, Features and Plans Section 2 Notes Chapter 10 Unit 4: Saving.

Chapter 5 The Banking System. Choosing a Bank Research local bank websites. Select a bank with the most ATMs in your proximity. Look for banks that can.

Do Now : Why does the bank issue a bank statement? Homework : Bank statement worksheet Aim : How can we analyze a bank statement?

Do Now: Where do your parents/families bank? Why? Aim: What is the difference between a savings and a checking account?

What is Online banking Online banking refers to the process of banking carried out online using internet and computer terminal: It is one of the latest.

A PRESENTATION ON CASHLESS TRANSACTION

Introduction to Depository Institutions

Introduction to Depository Institutions

Avoiding Common Banking Fees

Introduction to Depository Institutions

It’s just as exciting as you think!

Choose Your Feud! Team 1: Rounds Won Team 2: Rounds Won Round 1

PSS developments in Bhutan Royal Monetary Authority of Bhutan(RMA)

Introduction to Depository Institutions

Introduction to Depository Institutions

Introduction to Depository Institutions

Grow your wealth with Utkarsh Small Finance Bank 7/12/20181.

Choose Your Feud! Team 1: Rounds Won Team 2: Rounds Won Round 1

Introduction to Depository Institutions

Banking Lesson 4.3.

SBT unleashes the power of ATM

TYPES OF BANK ACCOUNTS.

Choose Your Feud! Team 1: Rounds Won Team 2: Rounds Won Round 1

Department of Corporate Secretaryship

RCEC Redefining Financial Inclusion

Banking Skill 10.

Introduction to Depository Institutions

RCEC Redefining Financial Inclusion

Presentation transcript:

KVB SMART

PRODUCT FEATURES

FeaturesKVB offerings Monthly Average ATM - Debit CardVISA international Cheque book40 leaves per annum, (Rs.2 per leaf after that) Folio chargesNil Pass bookYes Internet BankingFree for all transactions – unlimited transactions Mobile/Tele BankingFree for all transactions – unlimited transactions Demand Draft facility FREE two DD/PO up to a value of Rs10000/- (DD Commission – 0.2%, minimum Rs.10 – maximum Rs.12,500) (PO commission: Rs.2 per 1000, minimum Rs.15 – maximum Rs.12,500) TOD facilityYes (up to 50% of salary or 25k (lower)); Allowed only FOUR times in an year; conditions apply Cash withdrawalUnlimited at base branches Free up to Rs.25,000 per day (self withdrawals) at non-base branches Cash DepositUnlimited at base branches Free up to 10,000 per day at non-base branches NEFT/ RTGS3 free transactions per month For NEFT: Up to Rs.1 L – Rs. 5/-, Rs.1 to Rs. 2 L Rs,15/- Above Rs 2L – Rs25/- per transaction For RTGS: Rs 2L to 5 L – Rs. 25/- per transaction; Rs 5L and over – Rs50/- per transaction Bill paymentYes StatementFree Duplicate StatementRs. 50 StatementMonthly Mobile top-upFree at ATMs

USP

FeaturesKVBICICI BankHDFC Bank Axis BankSouth Indian BankState Bank of India Monthly Average Balance Zero *Rs.10,000Zero (no interest payout) Zero Non-maintenance fees-750 per quarter-Rs.500/- AMC-- ATM - Debit CardYes (No issuance charges) Yes (Chargeable)Yes (limited withdrawal) Yes Cheque book40 leaves per annum30 leaves per quarter5 per leafRs.5/- per leave35 leaves per annum25 leaves per annum Pass bookYesN/AYes20 leaves per quarterYes Internet BankingYes Yes but free only for higher tiers Yes Mobile/Tele BankingYes (Free)Yes Yes but free only for higher tiers Yes Demand Draft facilityYes TOD facility #YesN/A- 0.25% (MIN Rs.50) -Yes Cash withdrawal 2 Free up to 25k per dayOnly first 12 txns- 50/ txn thereafter 60 per txnNot permitted-- Cash Deposit 2 Free up to 10k pmOnly first 12 txns- 50/ txn thereafter Rs 50 per cheque outwards First 2 txn per qtr free, beyond that Rs.100/- per txn. -- NEFT3 free txn per monthYesup to 1L – 5 per txn Above 1L – 25 per txn up to 1L – 5 per txn Above 1L – 25 per txn -up to 1L – 5 per txn Above 1L – 25 per txn Bill PaymentYes - StatementFreeQuarterlyHalf-yearlyQuarterly-Yes Duplicate StatementRs 50Rs 100 Rs.100-Rs 100 StatementMonthly AvailableDownload only Mobile top-upFree at ATMs--Free--