 |
| Q. |
What
is the minimum balance requirement in Parivaar? |
| Q. |
Will
the main account's balance be aggregated with the balances in
add-on accounts for the purpose of calculating the average quarterly
balance? |
| Q. |
Who
can be included in 'family'? |
| Q. |
How
many accounts can the family open? |
| Q. |
How
many individuals can a family have? |
| Q. |
What
'Wealth Preservation' tool does Parivaar offer? |
| Q. |
Will
aXcessPlus benefits be available on my Parivaar Account? |
| |
|
| Q. |
What is the minimum
balance requirement in Parivaar? |
| |
An average balance of Rs. 25,000
per quarter across all accounts. |
| |
TOP |
| Q. |
Will the main account's
balance be aggregated with the balances in add-on accounts for
the purpose of calculating the average quarterly balance? |
| |
Yes. |
| |
TOP |
| Q. |
Who can be included
in 'family'? |
| |
Apart from you and your spouse,
parents, parents-in-law, siblings and children can be included
in Parivaar. |
| |
TOP |
| Q. |
How many accounts can
the family open? |
| |
Up to four aXcessPlus savings
accounts can be clubbed in a Parivaar Account. These accounts
may be opened jointly or on a sole basis. Each account will
carry its own operating mandate. You don't have to be a joint
account holder in these accounts to avail of Parivaar benefits. |
| |
TOP |
| Q. |
How many individuals
can a family have? |
| |
The family may have up to five
individuals. These five persons may open up to four accounts,
as described above. The accounts may be in any combination -
for example, family members defined as - self, spouse, one parent
and two children. |
| |
TOP |
| Q. |
What 'Wealth Preservation'
tool does Parivaar offer? |
| |
A comprehensive insurance package
comes with Parivaar. Its features are: |
| > |
Attractively priced Health
Shield Gold options offered by partner Royal Sundaram Alliance
Insurance Company (RSA) for the family. |
| > |
Parivaar customers may choose
the plan according to their needs and pay the premium on an
annual/monthly basis through direct debit to their accounts.
|
| > |
RSA will offer Parivaar customers
a 10% discount for two or more policies purchased for individuals
in the same family. |
| |
TOP |
| Q. |
Will aXcessPlus benefits
be available on my Parivaar Account? |
| |
Yes, aXcessPlus
savings account benefits will continue to be available to Parivaar
customers. FREE* cash withdrawals at other banks' ATMs will
be available for accounts that maintain minimum balances as
per Parivaar requirements. |
|
