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Old 8th November 2015, 01:10 PM
Super Moderator
Join Date: May 2012
Default Re: Central Bank Of India SB Account Minimum Balance

As per your request here I am providing you the details of Central Bank Of India SB Account Minimum Balance. Please check the below details:

Sl No Parameters Features

1 Name of the Scheme “Cent Savings Plus Account”
2 Applicability Savings Accounts opened on or after 10th June 2010 but before 31st March 2011 in CBS branches of Central Bank of India

3 Type of Insurance Coverage Personal Accident cover for death only

4 Eligibility
Individuals-Single Accounts , Joint Accounts
However, only Principal Account Holder (First account holder) is covered under personal accident insurance.

5 Minimum Balance Requirement
Minimum Average Quarterly Balance (AQB) maintained in the account should be Rs.10,000/-to qualify for insurance cover

6 Age of Account Holder
Principal Account Holder (First Account Holder) should be aged between 18 years (completed) and 65 years. In case of accounts of minors, the guardian will be covered provided he/she is aged between 18-65 years.

Policy Period
One year from the date of account opening. Bank may consider continuing the scheme at its discretion.

Insurance Cover

Insurance Cover is available for accident which means a sudden, unforeseen and unexpected physical event caused by external, violent and visible means.

The insurance is provided under the Group Insurance Scheme from declared Risk Start Date by the Bank. No individual certificate will be provided to the customer.

Types of services:

E Payments
Internet Banking
Online Bill Payment
Prepaid Gift Cards
SMS Banking
Tele Banking
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