IB Seafarer Account NRE SB
IB Seafarer Account NRE SB is a premium account to meet the expectations and requirements of seafarers.
Target Customers: Seafarers working in foreign shipping companies.
Privileges under Rupay Select Debit Card
- Reward Points on debit card spends and Loyalty offers/discounts/ tap to pay facility
- Higher daily Shopping limit and domestic ATM withdrawal limit
- Domestic airport lounge access (In participating lounges as per the RUPAY lounge programme)
- Personal accident death/Perm. disability Ins cover
- Complementary Health check-up, SPA session or Salon service, Gym membership, Golf Lesson or Round, OTT Membership, coupon for Cab service
Other Privileges
- Access to FX Retail platform
- Free Cheque Book issuance
- Free issuance of Debit Card
- No AMC on Debit Card
- Free DD/NEFT/IMPS/RTGS
- Free Collection of local cheques
- Concession on locker rent and in Processing Fee on Home Loan and Car Loan
Criteria/Fund Stipulation – any one of the 3 options
| AMB in IB Seafarer Account NRE SB | AMB in IB Seafarer Account NRE SB + Term Deposit | AMB in IB Seafarer Account NRE SB + Term Deposit |
| Rs. 2,00,000 | Rs. 1,00,000 + 10 Lakh | Rs. 50,000 + 25 Lakh |
Terms and Conditions:
- Maintenance of AMB / Term Deposit: While the Term Deposit (NRE TD, NRO TD, FCNR in the name of primary account holder) criteria is to be met at and from the time of onboarding itself, the requisite AMB in SB is to be built up within 3 months of onboarding. Post 3 months, if the required AMB is not built up, a service charge of Rs.1000/- per month will be collected.
- Service charges, other than referred to above, will be as per the schedule of service charges as applicable from time to time.
- The features/facility are subject to change as decided by the NPCI.
- The account is subject to all KYC norms, guidelines as applicable to Non-Resident deposits/ accounts
