Organisation : Karnataka Bank
Service Name : KBL Tarun Account
Applicable For : Karnataka Bank Account Holders
Website: https://karnatakabank.com/personal/savings-account/student-savings-bank-account
KBL Tarun Account
Specially designed Savings Bank Account with Any Branch Banking facility for the students between the age of 18 years and 25 years.
Related : Karnataka Bank KBL Online Savings Account Opening : www.statusin.in/21032.html
Eligibility Criteria
** Students between the age of 18 years and 25 years
** No Minimum Balance
Features & Benefits
** Simplified account opening procedures
** Free of charge Demand drafts for the purpose of exam fee, prospectus fee, tuition fee etc.,
** Free fund transfer up to ₹50,000/- per month from Parent’s Account to the student’s account
** Any Branch Cash Deposit & Withdrawal(by account holder or person authorized by account holder supported by cheque).
** Fund transfers within the Bank are available Free of charges up to a specified limit
** Interbank fund transfer through IMPS (IB/MB)/ NEFT/RTGS from any branch by account holder(supported by cheque).
** MoneyPlant Visa/Rupay classic Debit Card/EMV Chip card are available for eligible account holders.
** Free Mobile Apps – mPassBook, ApnaApp, BHIM KBL UPI APP.
** Free cash deposit at BNA (by account holder or person authorized by account holder).
** Demand draft can be purchased at any branch
** Internet /Mobile Banking facility
** 25 cheque book in a calendar year
** SMS alert facility
** Fast collection of cheques – Cheques can be deposited at any branch
KBL Vanitha Account for Women
Introducing “KBL-Vanitha” Savings Bank Account with an objective to encourage Savings Habits among women and to help overcome the fear of managing their wealth.
Eligibility Criteria :
** Accounts can be opened by all females aged 18 years and above. Joint account is permitted with females only.
** Monthly Average Balance – ₹2000 (M/U), ₹1000 (SU/R/FI).
** *M-Metro *U-Urban *SU-Semi *Urban *R-Rural *FI-Financial Inclusion
Features & Benefits :
** Free “All Risk” insurance cover for Jewellery covering loss due to snatching while traveling, theft while in hotel stay, burglary while at home for ₹50,000/-* exclusively to the first named woman of the SB account.
** MoneyPlant Visa/Rupay classic Debit Card/EMV Chip card are available for eligible account holders.
** Free Mobile Apps – mPassBook, ApnaApp, BHIM KBL UPI APP
** Free cash deposit at BNA (by account holder or person authorized by account holder)
** Internet/Mobile Banking.
** Free Monthly e-statement (on registration).
** Utility Bill Payment
** Fastest way of Inter Bank fund transfers through RTGS/NEFT.
Karnataka Bank
At Karnataka Bank, we understand that all customers are different in unique ways, which is why, regardless of the size of your business or your aspirations, we treat every one as individual and special.
This means offering you choices, not only in relation to our products and services but also in the way you interact with us. We understand the changes in your lifestyle, recognize these changes and support you with a high standard of professionalism and service.