CA FOR STATE /CENTRAL GOVT & CONSULAR & IND PFMS
CA FOR STATE /CENTRAL GOVT & CONSULAR & IND PFMS
| SL.NO. | PRODUCTS | REVISED WITH EFFECT FROM 1ST APRIL 2025 |
|---|---|---|
| DESCRIPTION – Target customers | Central/State Government Departments & Consular Offices. | |
| FEATURES | ||
| 1 | Quarterly Average Balance (QAB) | NIL |
| 2 | Non-Maintenance of QAB | NIL |
| 3 | Corporate Internet Banking | Available |
| 4 | Cheque leaves | Charges NIL |
| 5 | Overdraft facility | NA |
| 6 | Cash Deposit | Charges NIL |
| 7 | Cash Deposit in Non-home branches | Charges NIL |
| 8 | Cash withdrawal | Charges NIL |
| 9 | NEFT/RTGS | Charges NIL |
| 10 | Cash pick up facility | Not available |
| 11 | SMS Alerts | Charges NIL |
| 12 | Account keeping charges – | Charges NIL |
| 13 | Auto Sweep | Available |
| 14 | Complimentary Sevices | NIL |
| 15 | Exclusive privileges | NIL |
| 16 | Other service charges (with details) | All other service charges NIL |
| IND PFMS | |||
| REVISED WITH EFFECT FROM 1ST APRIL 2025 | |||
| SL.NO. | PRODUCTS | IND PFMS /GOVT | IND PFMS/OTHERS |
| DESCRIPTION – Target customers | Central/State Government Departments & Institutions, Statutory bodies, Trusts, Registered Societies, Autonomous Bodies and Local Bodies etc. on boarded on PFMS platform. | ||
| FEATURES | |||
| 1 | Quarterly Average Balance (QAB) | No minimum balance requirement for Government. | The Quarterly average balance (QAB) prescribed for an Ordinary Current account is as follows: For Metro/Urban – 5000/- For SU/Rural – 2500/- |
| 2 | Non-Maintenance of QAB – | NIL | As per Normal Current Account for others |
| 3 | Corporate Internet Banking – | NA | Available |
| 4 | Auto Sweep | Not available | Available |
| 5 | Complimentary Sevices – | NIL | NIL |
| 6 | Exclusive privileges | NIL | NIL |
| 7 | Other service charges (with details) | All service charges NIL | As per Normal Current Account for others |
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