View attachment 47513
For all practical purposes, the following are the main types of normal SB accounts in RBL.. ( non Salary accounts)
1) Prime (5K - Semi urban, 2.5K - Rural)
2) Prime Edge/ Max Savings ( 10K)
3) Advantage Savings (25K)
4) RBL Rise (50K)
Apart from above there are two very basic SB accounts
1)Basic Savings ( NIL)
2) Classis Savings ( Rs. 2500 METRO/URBAN, Rs. 1000 SEMI URBAN, Rs. 500 RURAL)
Please see attached docs for the complete list of features for the above accounts..
Now , coming back to Banking programs :
1)Aspire ( MAB 1L or TRV of 5L (SB + FD)
2)Signature ( MAB 2L or TRV of 15L (SB+FD)
3) Insignia (MAB 10L or TRV of 30L)
Now in practial terms:
1)Get your SB account ( one of the above listed) opened via Branch
2) Wait for the about 5 days to get this fully KYC actiavated.
3) Generally this comes with a generaic "Classic DC" free of Charge for the first year
4)Order for Sig+ DC , if you want it by paying 5.9K via APP.
5) Maintain 1L/ 2L initially and talk to Branch about upgrde, they generally do it. Normally they wont downgrade. If downgrade happens you will need to maitain the MAB of your account vriant , otherwise pay the NMC. DC charges are levied once in a year after first year. If you take Sig+, its chargeable / waived according to your spending. Read the respective thread for details on SIg+ DC.
Only one DC is allowed per account. Nothing happens about DC until the year end, even if the account gets downgraded.
6)THey way I did, I put 5L FD and got my Sig banking, there by it becomes 0 MAB. RBL offers good FD rates , FD rates now @8.1%.
I prefer this way because we get good FD rate and 0 MAB.. Negotiate for it.. as it is FYE..
ALl the best
