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Product Details
Bank Name

Dhanlaxmi Bank'

Account Name

Dhanam Preferred

Account Type

Saving

Interest Rate

Upto Rs.1 Lakh -3.00% and Above Rs.1 Lakh and upto Rs.5 Lakh-3.25%

Free Debit Card

Yes

Dhanam Preferred
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Rs. 5,000

Debit Card Charges

NEFT Charges

Free through net banking

IMPS Charges

Free through net banking

Fees and Charges

Dhanam Preferred

48.5
Special Features
Eligibility Criteria
The account can be opened by individuals, trusts, societies, clubs or associations, and can even be opened in the name of a minor.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • Free monthly email statement and email alerts.

  • SMS Banking facility.

  • Free Demand Draft facility.

  • Free unlimited cash deposit at Home branch.

  • Free Net Banking & Mobile Banking facility.

  • POS limit of Rs.75000/Day.

  • Free NEFT and RTGS through Net banking

Cons
Low intreast rate
Dhanam Preferred Review

The account offers very low interest rate. The account comes with standard value add features. Overall the account has limited appeal.

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

Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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