Power Jyoti Pre-Uploaded

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Power Jyoti Pul Pre-Uploaded
Apply Now General Guidelines

Power Jyoti Current Account is an exclusive solution for any institution desirous of collecting funds from various remitters through our core banking Branches or Internet Banking with Pre Uploaded Data . Power Jyoti Current account is highly preferable by Universities , Colleges, Schools and other Government Bodies to collect fees /funds/ fines etc. Business Firms also appreciate Power Jyoti PUL Current Account for collecting funds from Dealers , Sub Dealer , Sales Outlets etc. through any of our branches. Detailed MIS is also generated in Power Jyoti PUL Current Account.

Features

  • Remitters Information would be Pre Uploaded on the System.
  • Organizations get access to the MIS in desired format.
  • Transaction charges:

    • Rs.60/- + GST per challan (upto Rs.1,00,000/-)

    • Above Rs.1,00,001/- & above challan amount:  Rs.0.75 per Rs.1000 with minimum of Rs.60/- and maximum of Rs.20,000/- + GST per challan.

  • Collection made at any Branch will be pooled in one account.
  • MAB of Rs. 50000/-.
  • Zero Cash Handling Charges
  • Purpose : To provide customized fee/funds collection facility for institutions / firms /companies, etc., through our core banking branches with pre-uploaded data feature
  • Nature of Deposit : Current Account
  • MAB (Monthly Average Balance) : Rs. 50,000/-
  • Facility of Collection through INB : Available
  • Cheque book facility : Not Available
  • Penalty for Closing of Account within 12 Months : Upto 14 days -Nil
  • Penalty for Closing of Account within 12 Months : After 14 days -Rs. 1000/- +GST
  • Charges for not Maintaining MAB : Rs. 1000/- + GST

  • For further information on Power Jyoti Account , Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply).

Eligibility

  • Any institution / firm/ company, etc. desirous of country wide collection of fee/funds from multi location outlets.

  • For further information on Power Jyoti Account , Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply).

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General Guidelines

Last Updated On : Monday, 27-03-2023

Interest Rates

8.50%* p.a. onwards

w.e.f. 05.04.2024

*T&C Apply.

 

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