Presentation on theme: "Experience the Next Generation Savings Account for YOUTHS"— Presentation transcript:
1 Experience the Next Generation Savings Account for YOUTHS SIB YOUTH PLUS Savings Account“There is no better time to experimentwith the good things that come to your life….”Experience the Next Generation Savings Account for YOUTHS
3 A Powerful SB Product Exclusively For Youth. SIB YOUTH PLUS:A Powerful SB Product Exclusively For Youth.In Tune With The Aspirations Of Today’s Youth .Powered By Our Latest Technology.
4 TARGET GROUP: Age group 20-35 years Students completed 20 yearsSelf employed personsEmployees of Public & Private OrganizationsAll Professionals viz., Doctors, Engineers, Lawyers etc..Young Business MenHigh Net Worth AgriculturistsHigh Net Worth NRIsSpouse of above category people.
5 FEATURES OF YOUTH PLUS: Admit age: 20 to 35 years.Quarterly Average Min Balance Rs. 1000/-.FREE a) Mobile Banking Services,b) Personalized Cheque book,c) ABB facility,d) Internet Banking.
6 FREE International ATM cum Debit card. Features Contd…FREE International ATM cum Debit card.FREE usage of Banks ATM network.FREE for life International Credit Card as per CITI Bank norms.
7 Facility to open Depository account. Contd…Facility to open Depository account.Preference for Project work at bank, subject to availability of seats.FREE subscription of Students Economic Forum by .
8 Main features & conditions of youth plus ParticularsYouth PlusQuarterly Avg. balanceAge GroupRemittance of cash through branches other than parent branchRs. 1000/-20 to 35 yearsFree and Unlimited (NA in NRE)
9 Withdrawal of cash through branches other than parent Branch Contd…ParticularsYouth PlusWithdrawal of cash through branches other than parent BranchMovement of funds as above other than by way of cashOrdinary/ABB chq. Leaves.Free and UnlimitedFree unlimited Cheque Books
10 Penalty if minimum balance is not maintained Free & no AMC ParticularsYouth PlusATM cum Debit cardInternet Banking & fund Transfer as per General ceiling fixed by the bankMobile BankingPenalty if minimum balance is not maintainedFree & no AMCFREENo AMCRs. 250/- per quarter
11 SIB Youth Plus – Check List For Account Opening ‘All in One’ account opening form filled up with details of DOB, Permanent as well as residential address.Introduction as per norms acceptable to bank.Proof of Address & Identity.2 Stamp size photographs.