• Resident Individuals (sole or joint account)
  • Hindu Undivided Families.
  • Minors above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor.
  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • International Debit Card issued with ATM withdrawal limit of Rs 1.00 lac /day & PoS transaction limit of Rs 1.50 lacs/day.
  • Free e-banking / m-banking facility.
  • Minimum AMB of Rs. 5000/=
  • Charges for non maintenance of the minimum Average Monthly Balance
    • Rs 25 plus GST per Rs 100 of the shortfall or part thereof from Average Monthly Balance Requirement OR ₹ 1250/- per month + GST, whichever is lower.
  • Interest is calculated on the daily product basis and compounded quarterly. 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Nomination facility available.
  • Application Form duly filled in
  • Photograph of depositor/s (2 copies)
  • Officially Valid Documents as  per KYC Norms
  • PAN Card or Form 60 or 61
  • Any other related document applicable to Minors, etc.
    • Who can open a Deluxe Savings Account with J&K Bank?
      Deluxe Savings account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors, literate minors above 10 years who can sign regularly, and organizations, entities, etc allowed by RBI.
    • What is the minimum Average Monthly Balance required to be maintained?
        Minimum AMB is Rs. 5000/=

    What are the benefits of the Deluxe Savings Account?
    You can avail the following benefits:

  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • International Debit Card issued with ATM withdrawal limit of Rs 1.00 lac /day & PoS transaction limit of Rs 1.50 lacs/day.
  • Free e-banking / m-banking facility.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).