| Features | CENT SATKAR Saving Account Scheme | ||
|---|---|---|---|
| Suraksha | Samman | Suyash | |
| Objective | A specially designed Savings Account Scheme comprising three distinct variants to cater to the diverse requirements of Pensioners and Senior Citizens. | ||
| Eligibility | All individuals who have retired on superannuation/ retired due to VRS from any Central Govt./ Civil Ministries/ State Govt./ Local bodies/ PSUs and eligible for pension and getting min. pension of ₹10,000/- and above per month | Individual customers who are 60 years of age and above (Senior Citizen) |
Either or both senior citizens and pensioners as per scheme eligibility. However, for pensioner - minimum net pension of ₹10,000/- and above. |
| MAB requirement to avail features of the scheme | Nil | ₹ 10,000/- | ₹ 50,000/- & above |
| Charges for non-maintenance of desired MAB | No charges will be levied but additional benefits related to the scheme will be withdrawn. | ||
| The additional benefits / concessions related to the scheme will be provided only in case above-mentioned MAB is maintained: | |||
| Personal Accidental Death Insurance (PAI) | ₹15 lakh | ₹30 lakh | |
| Permanent Total Disability (PTD) | ₹15 lakh | ₹30 lakh | |
| Air Accidental Death Insurance (AAI) | ₹15 lakh | ₹30 lakh | |
| Permanent Partial Disability (PPD) | Up to ₹7.5 lakh | Up to ₹15 lakh | |
| Other benefit linked to PAI |
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| NOTE: Insurance benefits will be activated from next calendar quarter, however other linked benefits are admissible immediately upon account activation / upgradation into the scheme. | |||
| Entry age limit for PAI, linked benefits, and wellness program |
Maximum entry age up to 65 years for availment of benefits of insurance. ➤ Insurance related benefits are available for primary account holder only and are subject to applicable T&C of the Bank/ insurance company. |
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| Cash withdrawal from ATM | As per existing charges | Unlimited free from our bank's ATM and applicable charges from other bank ATM | |
| Cheque Book issuance, RTGS/ NEFT/ IMPS online/ via branch, SMS Alerts, Stop Payment Instruction | Free (Concessions will be made available free for the first month of account activation/ transfer into the scheme. From 2nd month onwards, the same will be extended based on MAB maintenance as per scheme requirement for previous month.) |
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| Demand Draft issuance | Free only if issued through the respective account | ||
| Locker Charges | 50% concession in 1st Year for Small Locker | Free for 1st year for Small/ Medium Locker | |
| Retail Loans |
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| Debit Card |
RuPay Classic Debit card for each variant Issuance and AMC free on RuPay Classic Debit Card with attractive offers (subject to change/update as per NPCI guidelines). |
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| Overdraft facility against pension | 1 month net pension maximum up to ₹2.00 Lakh* * Minimum 3 months pension credit in the account from the date of activation/upgradation is must for availing OD facility) |
- | 1 month net pension maximum up to ₹2.00 Lakh* * Minimum 3 months pension credit in the account from the date of activation/upgradation is must for availing OD facility) |
| Concession in Retail Loans | Pension Loan – 0.25% Housing Loan (excluding Grih Lakshmi) #*$ - 0.10% Vehicle loan (4-W) up to 5 Years # - 0.10% |
Pension Loan** – 0.25% Housing Loan (excluding Grih Lakshmi) #*$ - 0.10% Vehicle loan (4-W) up to 5 Years # - 0.10% |
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| Concession in Retail Loans | Pension Loan – 0.25% Housing Loan (excluding Grih Lakshmi) #*$ - 0.10% Vehicle loan (4-W) up to 5 Years # - 0.10% |
Pension Loan** – 0.25% Housing Loan (excluding Grih Lakshmi) #*$ - 0.10% Vehicle loan (4-W) up to 5 Years # - 0.10% |
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| * In NO case, ROI should be less than rate applicable to Grih Lakshmi Scheme for respective CIC bracket. # No DSA Payout. $ Age of the pensioner / borrower should be below 60 Years. ** Only Pensioners of Suyash category are allowed. |
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| Joint Account | Only with Spouse | Joint account can be opened as per extant guidelines for Saving General Account. | Either as per eligibility |
| Nomination Facility | Mandatory | ||
Toll Free Number - 1800 30 30 - for all Toll Free Number - 18002031911 - Exclusively for Pensioner National Cyber - Crime Helpline - 1930