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You are here  » Personal Banking »  Saving Deposit Scheme
Sapphire Savings Account
Sapphire Savings Account  

Who can open an account?

  1. An Individual in his/her Capacity.
  2. More than one person jointly.
  3. A Guardian On Behalf Of Minor In The Minor's Name
  4. Charitable / Religious Institutions
  5. Trust, Clubs, Association, NGO,
  6. Local Bodies, All Types Of Co-Operative Housing Societies And Such Other Bodies Of Identical Nature
  7. Staff Member

Rate of interest

  • 3.50%P.A.On the basis of daily product*

Interest credited on

  • Quarterly

Initial deposit

  • Rs.200000/-

Pass book

  • E-statement on registered Email Id


  1. Free Platinum VISA Debit card with enhanced daily purchase limit of Rs. 2 lakh and Daily ATM cash withdrawal limit upto Rs.50,000/- in a day. (Accidental insurance cover on the life of the primary holder of Platinum VISA debit card to the extent of Rs.2 lakh)
  2. Free Personalised cheque book of 120 leaves in a financial year
  3. Free RTGS/ NEFT Facility
  4. Free SMS banking
  5. Free Internet banking
  6. E-Statement facility
  7. Free Mobile Banking
  8. Free unlimited Demand Drafts and Pay orders
  9. Waiver of charges for opening 3 in 1 account and 50% share of brokerage.
  10. Premium loyalty points on spends and special occasions.
  11. ATM transactions, financial and non-financial at non PMC Bank ATM (Metro or non Metro) are free to the extent of 10 transactions per month.
  12. Free monthly Cash deposits limits upto 10 times of the Monthly Average Balance maintained.
  13. Dedicated Relationship Manager.

Minimum Balance Requirement

  • Rs. 200000/-


  1. Bank reserves the right to close any account, if cheques drawn are returned unpaid frequently for want of funds or the account is considered as irregular/ non-satisfactory.
  2. Account not in operation for more than two years will be treated as inoperative/ dormant account
  3. Bank reserves the right to alter, amend, rescind the rules from time to time.
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