Programme Eligibility for individuals (Any one of the below):
- Maintain Deposits* + Account Balance of ₹ 5 Lac OR
- Deposits* + Account Balance + Mutual funds AUM^ + Demat holdings of ₹ 50 Lac
*Deposits include Fixed Deposits/Recurring Deposits
^AUM - Assets under Management
Programme Eligibility for NRI Select family banking (Any one of the below):
- Maintain Deposits + Balance of ₹7.5 lakh OR
- Deposits + Balance + Mutual funds AUM^ + Demat of ₹75 lakh
*Deposits include Fixed Deposits/Recurring Deposits
^AUM - Assets under Management
If customer does not meet average programme criteria for 12 months, then the customer will be re-graded.
If programme eligibility criteria are not met, customer needs to maintain minimum monthly average balance (MAB*) of ₹15,000 at Customer ID^ Level to avoid non-maintenance charge.
*MAB is the simple average of day-end balances for a calendar month
^Customer ID includes all your savings account cumulative balances (except Fixed deposits/Recurring deposits)