Product Details
Bank Name
Central Bank of India
Account Name
Cent Premium Acount
Account Type
Saving
Interest Rate
At present up to Rs 10.00 lacs 2.90 % p.a. and above Rs.10 lacs 2.75 % p.a.
Free Debit Card
Yes
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Rs. 100,000(Monthly average balance)
Debit Card Charges
0
NEFT Charges
15 Nos. Free per quarter. Max. Amt upto Rs.5 lacs per transaction
IMPS Charges
Up to 10,000 -3.00+GST (Through Digital channels) and 5.00+GST (Through Bank Branches)
Fees and Charges
Cent Premium Acount
Special Features
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
50% concession on one year rent on normal charges.
Full waiver of processing charges for the "Cent Premium" account holders under Retail Lending schemes of housing loans & vehicle loans.
Sweep out facility.
Free Demat account.
200 free leaves per annum.
Cons
Few value-added features.
Low interest rate.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Methods to Open an Account:
Visiting a Branch:
The traditional method involves going to your nearest Central Bank of India branch.
You'll need to fill out an account opening form and submit the required documents.Online Account Opening:
Central Bank of India is offering online account opening facilities, including Video KYC based account opening. This allows for a more streamlined process.This option is available through the banks website.