Assam Gramin Vikash Bank

AGVB CD Gold

Overview Features Eligibility Balance requirement Required documents Service Charge for default Rate of Interest

Overview

This scheme facilitates individuals, traders, Sole proprietorship, partnership firms, institutions, companies etc. having large transaction volume to avail privileged benefits with option to avail auto sweep facility of available balance above Rs. 3.50 lacs to Term Deposits in multiples of Rs 1.0 Lac for a period of 07 to 30 days with auto reverse sweeping to honour cheques

Features

Auto sweep facility for conversion of excess balance to term deposits.
POS facility with no rentals.
Cheque facility without charges.
Free Balance Certificate.
Free Signature verification
Free Remittance through NEFT and RTGS
Free Account Statements (Two times in a month)
Free Cash Handling Charge
Waiver of Processing charge on Car loan proposals in the name of Account Holder
Preference in locker allotment

Eligibility

Resident individuals of age above 21 years, proprietorship, partnership firms etc.
Do not have Current/Overdraft account with other Banks

Balance requirement

Minimum monthly average Balance of Rs 3,50,000.00.

Required documents

Permanent Account Number(PAN)/ Aadhaar/ Passport / Driving Licence / Voter's Identity Card of individual/proprietors/partners as applicable.
Recent Passport size photographs of proprietors/partners
Trade License & GST registration certificate
Partnership deed or certificate of incorporation (for companies)
Board resolution (for companies or trusts)
Address Proof such as utility bills etc.

Service Charge for default

Rs.254.00 per month inclusive of Service Tax

Rate of Interest

As per term deposit table

Agvb Cd Gold

AGVB CD Gold

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