• Minimum AQB of Rs 5000/-
  • Free cash withdrawals at branch (up to 15 per month).
  • No limit on Cash withdrawal using withdrawal form
  • Free International Gold Debit Card issued with an ATM withdrawal limit of Rs 1 lac/day & PoS transaction limit of Rs 1.50lacs.
  • Nomination facility available.
  • Free e-banking facility.
  • Temporary Overdraft facility equivalent to 50% of net salary subject to maximum of Rs. 20000/-

Employees of State/Central Govt., Public Sector Undertakings, Autonomous Bodies & reputed private Institutions

  • Application Form.
  • Photograph of depositor/s (2 copies)
  • Documents as  per KYC Norms
  • PAN Card or Form 60 or 61
  • Identity proof from the institution
  • Authorization & introduction from the concerned Drawing Disbursing Officer (DDO).

Who can open a Deluxe Savings Account with J&K Bank?
Deluxe Savings account can be opened by employees of State/Central Govt., Public Sector Undertakings, Autonomous Bodies & reputed private Institutions

What is the minimum Average Quarterly Balance required to be maintained?
You are required to maintain an AQB of Rs 5000/-.

What are the benefits of the Deluxe Savings Account?
You can avail the following benefits:

  • Free cash withdrawals at branch (up to 15 per month).
  • No limit on Cash withdrawal using withdrawal form
  • Free International Gold Debit Card issued with an ATM withdrawal limit of Rs 1 lac/day & PoS transaction limit of Rs 1.50lacs.
  • Temporary Overdraft facility equivalent to 50% of net salary subject to maximum of Rs. 20000/-
  • Free e-banking facility.
  • Interest compounded quarterly and calculated on daily products.