Product Details
Bank Name
Indian Overseas Bank
Account Name
IOB - SB Gold II
Account Type
Saving
Interest Rate
Balance Upto Rs. 25 Lacs-2.75. Balance Above Rs. 25 Lacs upto Rs. 1 Crore-2.75 and Balance Above Rs. 1 Crore: 2.90
Free Debit Card
Yes
Account Opening Fees
0
Annual Maintenance Fees
Minimum Account Balance
Quarterly Average Balance not less than Rs.100000.
Debit Card Charges
100
NEFT Charges
Free
IMPS Charges
Free
Fees and Charges
IOB - SB Gold II
Special Features
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
ATM cards on day one.
International Debit Card Issued without charges.
Free Internet banking & Mobile Banking facility.
Monthly account statements over e-mail.
Free SMS alerts for daily transactions.
Transfer of funds through RTGS without charges.
Transfer of funds thro' NEFT without charges.
Personalised cheque books with name printed free of cost.
Personal Accident insurance covers of Rs. five lakhs free of cost.
Demat account opening charges free.
Online Tax payment free of cost.
Online bill payment facility.
Facility for Family Health Insurance.
Online equity trading facility.
Overseas Travel card free of charge.
Cons
IOB - SB Gold II Review
The account comes loaded with a number of value add features. However, the account offers low interest rate. It can be considered by individuals who are looking for a good package of 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