Last Updated on 19/04/2017
IOB-CD Classic

We offer IOB-CD Classic a special status account for medium sized companies and proprietary /partnership firms, clubs, societies etc. You avail the features specially designed for you and enjoy the various concessions loaded in the product.

DetailsDescription
ELIGIBILITY Proprietary concern, Partnership firm, HUF, Limited companies, corporations, SMEs, Trusts, Societies, clubs, Association, Local Bodies, Govt. Departments subject to RBI directives
MINIMUM BALANCE REQUIREMENT The average daily balance in the current account during last three months should not be less than Rs.1 lac.
SPECIAL FEATURES / CONCESSIONS
 
  • Internet banking (E see banking). 
  • Anywhere Banking . 
  • Transfer of funds thro' NEFT free. 
  • Personal Accident insurance cover of Rs. One Lakh free of cost. 
  • Waiver of Demat account opening charges. 
  • Named printed cheque books free of cost upto 100 leaves. 
  • Folio Charges @ 50% concession.
  • International Debit Card without charges to all employees and owners. 
  • Online Tax payment facility. 
  • Customised Multi city cheques issued at MICR centres at 50% concession. 
  • Issue of Demand drafts @ 50% concession. 
  • Outstation cheque collection charges @ 25% concession. 
  • Transfer of funds thro' RTGS @ 25% concession. 
  • Utility Bills payment facility. 
For any further details please feel free to contact our nearest Branch