Jana Premier Banking (Acc. Opening experience)- Benefits and Suggestions

[Finchamp!]

that's not correct. in the whole TnC document, always points are mentioned. nowhere is cash equivalent mentioned. if you really want confirmation, reach out to them. no point in extending this.

Alright! I will stick with my apprehension for now, but I will surely confirm this with Customer Care and share my findings on this thread.

 

[IKFLRT]

Rupay Select DC is equipped with welness benefits?

 

[cardy]

Quick Note: My BM was very helpful and agreed to reverse charges on Debit card every year(applicable for PREMIER acc only). If you’re in Bangalore and wants to open JFSB account DM me. I will share the details.


RSDC = RuPay Select Debit Card
IP = Initial Payment/Funding


I recently opened Jana Bank Premium account for RSDC. There is a post for opening account but it mention online account experience. Nowadays there are some issues with online acc opening. So with suggestion from Vasuki I opened offline only.

BTW Vasuki has detail post on Jana bank here… https://www.technofino.in/community/threads/jana-finance-bank-for-easiest-rupay-select-dc.25626/

View attachment 63287
Here is my offline experience…

• I Visited JANA bank and enquired about Jana products and offerings and benefits. I was trying to match with my research the previous day.
• Invited the BM to my home to open Metro Savings account. Gave time slot of 4 PM.
• BM arrived along with a person and started opening account. Meanwhile I asked them about Premier acc and charges. BM said the charges he can reverse on PREMIER account on the debit card as he have authority over that.
• I doubled confirmed with BM regarding the same and BM confirmed. BM said next year yearly charges of 590 will apply and after that BM can reverse it as BM has authority to reverse DC charges for PREMIER banking up to 1000/- each year.
• BM suggested if I do not want that then I can go with Exclusive acc where no charges are there. Additionally there is no MAB non-maintainanance charges on both PREMIER & EXCLUSIVE.
• So, I went ahead with PREMIER and gave IP of 1 L. At the moment my brain didn’t click to get EXCLUSIVE otherwise would have opted for exclusive.
• Signed few papers, along with one where it mention residence address form. Since I do not have same address on Aadhar as my current residence.
• 2 OTP’s for Adhar and KYC.
• Done with account opening in 10-15 mins.
• SEE ATTACHED FILES FOR DETAILED SOC.

Below is the timeline

25th July 2024: Researched Jana products.
26th July 2024 (Friday) : Visited JANA bank, invited BM. BM arrived and opened account.
27th July 2024 (Saturday): Non working day: Received CRN. Able to login into mobile banking with limited access.
28th : Non working day.
30th July 2024 (Tuesday) : My welcome kit arrived with Debit card. Pictures attached.

I would say pretty fast service.




HERE IS THE SUM UP OF JANA BANK...and suggestion

• If you want chargeable RSDC (590 Issuance, 590 yearly), then go for Metro savings account,
  • 5K MAB,
  • NEFT, UPI Check accepted for IP.
  • ( 6% or 600 charges on non maintenance of MAB)
• If you want NO charge RSDC (590 yearly but reversed by BM after charge is levied next year),
  • Then go for Premier (newly launched), Just get confirmation from your BM if they have option to reverse it or not. Generally BM will have option to reverse it.
  • 1 L IP check, withdraw after one month.
  • Family banking supported.
  • ( NIL charges for non-maintenance of MAB).
  • You can choose your acc no.
• If you have senior in your family get them Legend Savings acc,
  • 25k MAB ,
  • RSDC free LTF.
  • Use their DC.
• If you want account without any charges, be it maintainance, account closure or any service. RSDC free. Go for their Exclusive offering.
  • 3L of IP Check.
  • Family banking supported.
  • No charges for anything even account closure.
  • 10k Taj voucher joining benefit.
  • (NIL MAB non-maintainance charge).
  • You can choose your acc no.
  • More features……

Here is my take...
Unfortunately My account is already opened as Premier otherwise I would have opted for Exclusive acc with 3L IP check. Since there is no MAB charges, you can withdraw after one month and still the account will be active.
Benefits: Choose your acc no + LTF RSDC + 10k Taj voucher + NO MAB non-maintanance charge( withdraw after one month) etc.....and many more.

The exclusive one is not updated in their website right?

 

[pgarg24]

The exclusive one is not updated in their website right?

Here u go - https://www.janabank.com/jana-bank-exclusive/

 

[cardy]

Here u go - https://www.janabank.com/jana-bank-exclusive/

Thanks. it's not in the home page or in the savings account menu as of now

 

[ritwik2000]

• Done with account opening in 10-15 mins.

Bro is the account opening instant ? In how many days IP gets reflected in account ?

My branch is saying check is the only option although neft imps upi facility is there.

 

[pgarg24]

Bro is the account opening instant ? In how many days IP gets reflected in account ?

My branch is saying check is the only option although neft imps upi facility is there.

For me account was created in 4 days. Cheque for clearance was sent the next day and you recieve an sms when the account is created and credit msg for the amount you gave cheque for.

 

[Itachi_UchihaItachi_Uchiha is verified member.]

What’s the main difference between premier and exclusive?

 

[vine]

What’s the main difference between premier and exclusive?

Afaik,
DC is paid, locker discount for premier with 1L IF. Both are Free for Exclusive with 3L IF.

BTW, which Bank are working in?

 

[ritwik2000]

For me account was created in 4 days. Cheque for clearance was sent the next day and you recieve an sms when the account is created and credit msg for the amount you gave cheque for.

Thank you .

 

[ritwik2000]

hi guys, today my account opening application for metro savings account was processed. got a welcome mail with the form attached. when shall I get the crn ? and how to get rupay select debit card

 

[cc_dc_explorer]

wait for one day to receive CRN. And then you can login to app. However for full functionality you will need to us e your debit card that comes along the account

 

[SureShot]

@cc_dc_explorer can we open exclusive as joint account? with myself and my wife as joint holders? Will both get benefits in select debit card individually?

 

[ritwik2000]

@cc_dc_explorer can we open exclusive as joint account? with myself and my wife as joint holders? Will both get benefits in select debit card individually?

Yes you can open a joint account and both will get benefits individually.

 

[chadsterpiece]

Can the IP of 3L be withdrawn before 1 month? say about 15-20 days?

 

[cc_dc_explorer]

Yes, But keep it for atleast one month.

 

[chadsterpiece]

I gotta pay off CC bill before 03rd of oct and hence

 

[snike1792]

do mobile/internet banking of 2L for becoming eligible for taj voucher

What transactions qualify for this requirement? If I do a imps transaction to my other account will that suffice?

 

[Cc_creditguy]

Guyz planning to open this exclusive account

 

[gauti04]

Alright! I will stick with my apprehension for now, but I will surely confirm this with Customer Care and share my findings on this thread.

Hi did you get the reward points ??
If yes, then how much was the reward points percentage ??