Indian Bank SB - Power Account for Achievers (PAFA)

SB Power Account for Achievers is a Savings Bank Account that can be availed by individuals alone or jointly with others. Young individuals who are self-employed, have regular employment, are professionals or business people may apply for this account.

Overview of Indian Bank SB Power Account for Achievers:

Bank	Indian Bank
Category	SB Power Account for Achievers
Minimum Average Balance Requirements (MAB)	Rs.5,000/- (monthly average).

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Services Offered with SB Power Account for Achievers:

The following services are provided with Indian Bank Savings Account:

Accident Insurance cover	The account comes with Personal Accident Insurance cover worth Rs. 1 Lakh (IB CHHATRA). This insurance cover is offered free of charge. It is offered to customer who are a maximum of 70 years old.
Remittance	Free remittance up to a maximum of two times in a year within India by any mode. The amount can be a total of Rs.25000/-
Cheque book	Personalized cheque book is offered with this account
Intra city transactions	No charges for Intra city transactions
Maximum amount	There is no upper limit

GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

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