IOB CD DIAMOND Formerly IOB CD Classic Details Description ELIGIBILITY Resident Individual/Proprietary concern, Partnership firm, HUF, / Limited liability partnerships, Private limited companies, Co-operative societies / subsidiaries and associations / trusts / SMEs, / Local Bodies, /clubs, Religious organizations / educational institutes / government bodies ,Public sector undertakings, Domestic banks / regional rural banks / domestic co-operative banks, Foreign institutional investors/ foreign companies, Foreign banks, Insurance companies / mutual funds, Share and stock brokers ,Non-government organizations (NGOs / charitable trusts). subject to RBI directives MINIMUM BALANCE REQUIREMENT Average Quarterly Balance (AQB) Rs. 1 Lac ( AQB can be calculated by adding up all the closing day balance in a given quarter and then dividing it by number of days in the quarter SPECIAL FEATURES / CONCESSIONS Convenience to withdraw and deposit cash at all 3200 plus IOB Bank branches. Free Internet banking & Mobile Banking facility Free NEFT/RTGS through Branch, Net banking and Mobile Banking Free IMPS payment Free Debit card issuance and nil AMC charges for VISA signature Debit Card only Higher ATM cash withdrawal limit of Rs 1,00,000/ per day through IOB VISA Signature card. Enhanced Daily POS & Ecom limit of Rs 3.5 lakh through IOB VISA Signature card. Credit card issuance/AMC charges free Rent Free QR code enabled GPRS Pos terminal. Free 200 cheque leaves per month 50 DD free per month for every Rs. 1 lac of average balance maintained in the previous month. Personal Accident insurance covers of Rs. one Lakh free of cost to the proprietor in their individual name. Nil processing charges for car loan and 60% waiver for housing loan Free Stop payment instruction charges Free Bharat QR Code & BHIM QR Code Waiver of Demat account opening charges Free Monthly e-statement/account statement Free Standing instructions registration Utility bills payment facility Online Tax payment facility Fees & charges Non-Maintenance Charges flat Rs. 500/ per quarter Free cash deposit upto 10 times of the previous month's average credit balance, (Upper Cap - Rs. 5 crores) Thereafter, Rs. 0.50 per 1000/-+ GST Minimum Rs. 50/- + GST; Maximum Rs. 10,000/- + GST. Free cash withdrawal at non home branches upto 10 times of the previous month's average credit balance, (Upper Cap - Rs. 5 crores) Thereafter, Rs. 0.50 per 1000/-+ GST Minimum Rs. 50/- + GST; Maximum Rs. 10,000/- + GST. For any further details please feel free to contact our nearest Branch T&C apply
IOB CD DIAMOND
Formerly IOB CD Classic
ELIGIBILITY
Resident Individual/Proprietary concern, Partnership firm, HUF, / Limited liability partnerships, Private limited companies, Co-operative societies / subsidiaries and associations / trusts / SMEs, / Local Bodies, /clubs, Religious organizations / educational institutes / government bodies ,Public sector undertakings, Domestic banks / regional rural banks / domestic co-operative banks, Foreign institutional investors/ foreign companies, Foreign banks, Insurance companies / mutual funds, Share and stock brokers ,Non-government organizations (NGOs / charitable trusts). subject to RBI directives
MINIMUM BALANCE REQUIREMENT
Average Quarterly Balance (AQB) Rs. 1 Lac ( AQB can be calculated by adding up all the closing day balance in a given quarter and then dividing it by number of days in the quarter
SPECIAL FEATURES / CONCESSIONS
Fees & charges
For any further details please feel free to contact our nearest Branch T&C apply