Any Individuals in single name, Two or more individuals (Joint Accounts),Minors, Illiterate persons, Blind Persons, Hindu Undivided families (HUF), Clubs, Associations, Committees, Societies, Schools, Trusts, Executors, Administrators, Institutions/Agencies specifically permitted by the RBI, pensioners and Staff members.
Quarterly Average Balance (in Rs)
With CHQ book
Without CHQ book
Type of ATM/Debit card
Debit Card charge
Issue charge –FREE
Annual maintenance charge –As per applicable charges.
Access to own Bank ATM
8 transactions (financial) per month Free.
Access to other bank ATM
3 transactions (financial + non-financial) per month at Metro or 5 transactions(financial + non-financial) per month at other centres are Free
ATM Cash Withdrawal Limit
Rs.25,000/- Per day
Rs. 50,000/- Per day
Free Personal Accident Insurance (Death) cover with debit card*
Rs 2 Lakhs (by bank), Rs 1 Lakhs (additional by RuPay)
SMS Banking Charges
As per applicable charges
Cheque leaves including Personalized Cheque Leaves
20 leaves free/ year. Beyond 20 leaves as per applicable charges.
As per applicable charges.
Account closure -within 14 days or after 12 months
Account closure -Between 15 days to 12 months
Penalty for Non-Maintenance of QAB
Shortfall in QAB
A/c with chq book
A/c without chq book
Rs 501 - 1000
Rs 100 + GST
Rs 251 - 500
Rs 50 + GST
Rs 30 + GST
Up to Rs 250
Rs 25 + GST
Rs 20 + GST
*Personal Accident insurance with debit card is subject to terms and conditions of debit card policy/usage and policy of RuPay which may change from time to time.
Copyright © 2021 Union Bank of India. All rights reserved