A product which groups the individual accounts of a family, who share common financial objectives and enjoy banking benefits by maintaining a combined minimum balance in the accounts.
S. No.
Particulars
Description
1
Who can connect these accounts for family banking
Saving accounts of a family (Family members include Grand Parents, Father, Mother, Spouse, Brother, Sister, Son, and Daughter) can be connected under this scheme.
2
How many and which types of saving accounts can be grouped
Minimum 2 and Maximum 6 accounts can be clubbed
3
Nature of Accounts to be grouped
Only saving accounts allowed
4
Rate of interest
As applicable for Saving Bank Accounts
5
Mode of Operation of Accounts
As per the mandate given in individual saving accounts
6
Minimum Initial Deposit in the Account
NIL
7
Maximum Deposit in the Accounts
No limit
8
Minimum Avg. Balance requirement
Rs 30,000/- quarterly for all accounts either combined or individually.
9
Minimum Avg. Balance Charges
Balance Deficit <25% - Rs 200/- in each account.
Balance Deficit >25% upto 50% - Rs 300/- in each account.
Balance Deficit >50% upto 75% - Rs 400/- in each account.
Balance Deficit >75% - Rs 500/- in each account.
10
NEFT /RTGS
Free for all grouped accounts.
11
SMS Alert Charges
Free for all grouped accounts.
12
Cheque Book Issuance Charges
Free (upto 100 leaves for each account)
13
PassBook Issuance Charges
Free for all grouped accounts.
14
Issuance of email statement Charges
Free for all grouped accounts.
15
Income Tax Challan Payment Charges
Free for all grouped accounts.
16
Issuance of Premium Debit Card
Free for all grouped accounts.
17
Issuance Of Demand Draft
Free (upto 1 lac per month for each account)
18
Locker Rent Concession
50% Concession in One Small Locker only.
19
Standing Instruction Charges
Free for all grouped accounts.
20
Balance Certificate.
Free for all grouped accounts.
21
Nomination facility
As per the extant guidelines
22
Documents required for Opening the Account
As per the extant guidelines of KYC guidelines
23
All other terms and conditions
As applicable to other Saving Account Bank Deposit Product but not mentioned in this product shall apply here also
The link will open only through bank's intranet and it will not open through internet
×
“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”
A New Internet Banking and Mobile Banking Solution - PSB UnIC for Retail Customers including NRE/NRO and PSB UnIC Biz for Sole Proprietor customers and Corporate Customers has been rolled out successfully by the Bank bringing UPI, IMPS, NEFT, RTGS and many more banking services under one platform.
Please note that our customers have already been notified that the old Internet Banking Portal of the Bank will be pulled down by 28.02.2022. The Funds Transfer services were blocked for Retail Internet Banking Customers since 09.01.2022. However, our old Internet Banking Portal was running parallelly for the last few days for the benefit of old Retail and Corporate Internet Banking Customers. It has now been decided that the Old Internet Banking will be pulled down on midnight of 21.03.2022. Bill Payments and Tax Payments ( OLTAS and GST) can be done through PSB UnIC digital platform. Bill Payment services are moved to PSB UnIC from 16.03.2022 onwards and the OLTAS functionality will be live from 18.03.2022 through PSB UnIC.
Our existing old Internet Banking customers ( Retail and Sole Propriership) who are yet to register in PSB UnIC are requested to make a onetime registration by visiting our website: https://punjabandsindbank.co.in and by clicking on PSB UnIC and choosing appropriate Option as follows:
And submit the duly signed application form along with required documents Viz. Board Resolution / Partnership Letter with Deed / Trust, Society, Club Resolution Letter/ HUF Letter etc. and also the KYC documents of the Authorised Users immediately to the parent Branch.
These corporate customers will be sent a registration kit through email after submission of the above documents. By Using the credentials in the mail, the corporate customers are requested to register by following the instructions contained in the email and start availing the benefit of PSB UnIC Biz services.
General Manager-IT,
Punjab & Sind Bank
Internet Banking
Dear customers,
A New Internet Banking and Mobile Banking Solution - PSB UnIC for Retail Customers including NRE/NRO and PSB UnIC Biz for Sole Proprietor customers and Corporate Customers has been rolled out successfully by the Bank bringing UPI, IMPS, NEFT, RTGS and many more banking services under one platform.
Please note that our customers have already been notified that the old Internet Banking Portal of the Bank will be pulled down by 28.02.2022. The Funds Transfer services were blocked for Retail Internet Banking Customers since 09.01.2022. However, our old Internet Banking Portal was running parallelly for the last few days for the benefit of old Retail and Corporate Internet Banking Customers. It has now been decided that the Old Internet Banking will be pulled down on midnight of 21.03.2022. Bill Payments and Tax Payments ( OLTAS and GST) can be done through PSB UnIC digital platform. Bill Payment services are moved to PSB UnIC from 16.03.2022 onwards and the OLTAS functionality will be live from 18.03.2022 through PSB UnIC.
Our existing old Internet Banking customers ( Retail and Sole Propriership) who are yet to register in PSB UnIC are requested to make a onetime registration by visiting our website: https://punjabandsindbank.co.in and by clicking on PSB UnIC and choosing appropriate Option as follows:
And submit the duly signed application form along with required documents Viz. Board Resolution / Partnership Letter with Deed / Trust, Society, Club Resolution Letter/ HUF Letter etc. and also the KYC documents of the Authorised Users immediately to the parent Branch.
These corporate customers will be sent a registration kit through email after submission of the above documents. By Using the credentials in the mail, the corporate customers are requested to register by following the instructions contained in the email and start availing the benefit of PSB UnIC Biz services.
