Savings Bank Gold II account introduced by Indian Overseas Bank provides the same facility as Savings Bank Gold I account. 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) are the major clients of this scheme. A minimum of Rs 1, 00,000 or more is required as the Quarterly Average Balance (QAB) to keep the banking options available.
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