IOB – Savings Bank Gold I
Savings Bank Gold I account introduced by Indian Overseas Bank is meant for those individuals who are professionals like Doctors, CEOs, IPS and IAS officers, Lawyers, Public and Private sector employees, Chartered Accountants, executives employed with MNCs and High Net Worth Individuals (HNIs). A minimum of Rs 50,000 or more is required as the Quarterly Average Balance (QAB) to keep the banking options available.
IOB – Savings Bank Gold I Account Features
For online payments and cashless purchases, an international Debit Card is provided to the subscriber for free.
Savings Bank Gold I account scheme provides with anytime banking facility with the likes of mobile banking and internet banking which allows paying bills and even taxes for free.
A customized Multi City Chequebook is provided with this account which can be issued from any Magnetic Ink Character Recognition Code (MICR) centers for free.
The subscriber will be able to keep a track on his/her account as the bank will sent the monthly account statements via the registered email and mobile number of the subscriber. A notification will be sent to the subscriber's mobile number after every transaction.
The account holder in the NEFT network can make transactions to any bank account through NEFT & RTGS securely and easily.
The subscriber will be provided with a customized chequebook with his/her name printed on it.
The subscriber can avail Rs 5, 00,000 as personal accident insurance coverage, which is only applicable in case of death.
This account banking solutions from any TBA/CBS branch.
Savings Bank Gold I account scheme provides with the facility of using an ATM of any bank for transaction without any charges.
The account holder gets the privilege of opening a Demat account free of cost.
The subscriber can avail the facility of Family Health Insurance Policy.