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16th May 2016, 09:14 AM
Super Moderator
 
Join Date: May 2012
Re: Account in oriental bank of commerce

Hey as Oriental Bank of Commerce is an India-based bank established in Lahore is one of the public sector banks in India

Eligibility:
Applicable to all Indian Citizens who are eligible to open account with the bank, who otherwise are unable to afford without financial hardship the cost of maintaining a bank account.

The account under the scheme should also be made available to beneficiaries of Social Security Schemes of Govt. of India and to BPL beneficiaries on large scale with the basic assumption that such accounts are opened for the person not having any banking relationship earlier.


Features:

Nominal Initial Deposit of Rs. 10/- for opening of the Account.

No Minimum Balance Requirement / No Minimum Balance Charges.

No Standing Instruction Charges for Transfer of Funds within same Branch.

No Incidental Charges for non-operating/activating the inoperative account.

Nomination Facility.

One Cheque Book of 25 Leaves, Free of Cost, during a Calendar Year.
Cheques drawn in favour of the account holder shall be collected in these
Accounts.

Free ATM Card facility.


No restriction on number of credits in the account or on the maximum
balance in the account.

A maximum of 6 withdrawals (including ATM and Transfers) per month are
permitted, free of any charges. For additional withdrawals during a month

(i.e. over and above the 6 free of cost), charges of Rs. 5/- per withdrawal shall be levied.


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