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Product Details

Bank Name

Indian Bank

Account Name

IB DIGI – Online SB Account

Account Type

Savings

Interest Rate

Up to Rs.10 lakh - 2.75%. Above. More than Rs.10 lakh to less than Rs.200 Cr - 2.80%

Free Debit Card

IB DIGI – Online SB Account
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Account Opening Fees

Debit Card Charges

Annual Maintenance Fees

NEFT Charges

SB customers are waived from charges of NEFT online transactions

Minimum Account Balance

IMPS Charges

Fees and Charges of

IB DIGI – Online SB Account

IB DIGI – Online SB Account

Special Features

Eligibility Criteria

The facility will be made available for “Resident Individual” customer only over 18 years of age. · NRE/NRO/FCNR accounts cannot be opened with this facility. · No joint account, non-personal, Minor a/c etc. will be permitted under this mode. · To use this facility, the mobile handset should be any Smart phone with Android Operating system and also through website. · Customer must be having a valid Aadhaar number and valid Permanent Account Number. Customer must be having a valid and active local mobile number registered in his/her name, and a valid and active email address. · At any given point of time, Customer can have only one on line (DIGI)Savings Account. Only one Savings Account can be opened from one Mobile Phone/Device/Website.

Benefits

Features, Eligibility and Benefits of

IB DIGI – Online SB Account

Pros & Cons of

Pros

  • SB customers are waived from charges of NEFT online transactions 

Cons

Very low interest rate

IB DIGI – Online SB Account

IB DIGI – Online SB Account

The account comes with low interest rate and offers minimal value add features.

Abhijeet Saxena

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

Review of

IB DIGI – Online SB Account

Account Opening and Procedure of

How to open an Account?

Application Procedure

IB DIGI – Online SB Account

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