- Who can open a Special Bachat Deposit account with J&K Bank?
Special Bachat Deposit account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors.
- What is the minimum Average Monthly Balance required to be maintained?
Minimum AMB of Rs. 10000/-.
- What are the benefits of the Special Bachat Deposit Scheme?
You can avail the following benefits:
- Free cash withdrawals over the counter: 30 withdrawals per half year.
- Free accidental death insurance cover of Rs.2.00 lacs.
- International Gold Debit Card with withdrawal limit of Rs. 1.00 lacs per day and shopping limit of Rs. 1.50 lacs per day.
- Special discount in charges on cash deposit at Base and Non-Base Business Units.
- Free e-banking / m-banking facility.