Vijaya Bank introduces new deposit scheme

Hyderabad, Nov 23: Vijaya Bank has introduced 'Platinum Savings Bank Accounts,' a customer-friendly deposit scheme from November one, Bank Regional Manager P Satish Shetty said.

With the completion of 75 years of banking services, Vijaya Bank launched the new deposit scheme primarily aimed at providing certain benefits to the Savings Bank customers, who maintain minimum balance in their account, he said in a statement here today.

Free issue of 100 cheque leaves in a year, issue of multicity cheque books with 25 leaves at CBS branches, free Debit card and Free credit card (with personal accident death insurance cover of Rs one lakh) for the first year would be provided to the customers under the scheme.

Apart from this, zero commission remittances upto Rs one lakh per annum in urban/metropolitan branches and upto Rs 50,000 per annum in rural/semi-urban branches were available in the new deposit scheme, he said.

The other benefits, include no charges for standing instructions Demat Account, Account opening free and immediate credit of outstation cheques upto Rs 25,000 with normal charges, he added.

UNI