Product Details
Bank Name
Dhanlaxmi Bank
Account Name
Dhanam Genius
Account Type
Saving
Interest Rate
Upto Rs.1 Lakh -2.5% and Above Rs.1 Lakh and upto Rs.5 Lakh-2.75%. Above Rs.5 Lakh and upto Rs.50 Lakh-3.25%. Above Rs.50 Lakh: 4%
Free Debit Card
Account Opening Fees
0
Debit Card Charges
Annual Maintenance Fees
0
NEFT Charges
Up to 10,000/- Rs.2.50 + GST per transaction;
from 10,001/- to 1 Lakh - Rs. 5.00 + GST per transaction ;
Minimum Account Balance
Rs.1000/
IMPS Charges
Amount from Rs.1 and upto Rs.1 Lakh-free and Amounts above Rs.1 Lakh and upto Rs.2 Lakh is free.
Fees and Charges of
Dhanam Genius
Dhanam Genius
Special Features
Eligibility Criteria
Benefits
Features, Eligibility and Benefits of
Dhanam Genius
Pros & Cons of
Pros
5 Free cash transaction over the counter.
Free standing instruction facility from the account of parent to children.
Free 2 DDs/POs per Month (Limits Apply).
First cheque book free.
Cons
Dhanam Genius
Dhanam Genius
The account comes with low interest rate and minimal value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai