Pradhan Mantri Jan Dhan Yojana (PMJDY) account is a zero balance savings account with added benefits. You can access the account as per your needs at any of the 425 bank branches or 50,000+ merchant points.
* First 3 ATM transactions free in Metro locations (Mumbai, Delhi, Bangalore, Chennai, Kolkata and Hyderabad) and first 5 ATM transactions free in other locations
#Interest on balances in Savings Bank Account with Fino Payments Bank up to INR 1 Lakh will be 2.75% p.a. with effect from 16th May 2020. Current Interest rate of 3.25% p.a. will be applicable till 15th May 2020.
Interest on balances held in savings account with Fino Payments Bank is credited to the customer’s account on a quarterly basis.
Interest on balances in Sweep Account with our partner bank Suryoday Small Finance Bank remains unchanged. Below are the interest rates for the same:
Interest on balances in sweep account opened with Partner Bank – Up to INR 1 Lakh - 6.25% p.a., over INR 1 lakh and up to INR 10 Lakh - 7.25% p.a. and above INR 10 Lakh - 7% p.a. Applicable interest will be calculated on the incremental amount for the slabs.
Interest on balances held in sweep account with Partner bank is credited to the customer’s sweep account on a monthly basis.
Note: Interest Rates are subject to change at the sole discretion of Fino Payments Bank and Partner Bank for sweep account. Balance above INR 1,00,000 on EOD will be transferred to customer’s sweep account held with Partner Bank.