CreditCardFino
TF Ace
Does BOI (Bank of India) has any 0 balance account variant apart from (BSBDA). Do the bank charge DC and SMS alert charges?
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Does BOI have Zero Balance Account?
- Thread starter CreditCardFino
- Start date
- Replies 17
- Views 145
CreditCardFino
TF Ace
How much is DC charge?
DC AMC - 295 of Rupay classic NCMC
SMS 17.7 per Qtr
Charges in Normal Saving Account
CreditCardFino
TF Ace
We can't opt out SMS alerts to email? and have only virtual DC?
So another Bank in the list
Now it's six?
@gogetassj4 Sir you can guide us with updated info..
gogetassj4
TF Select
We don't have it in the system yet to set the SMS alerts off.
All classic variant cards (Rupay, Visa and MC) have 250+GST i.e. 295 AMC.
All platinum variant cards (Rupay, Visa) have 300+GST i.e. 354 AMC
All premium cards (Rupay Select, Visa Signature and soon to be Mastercard world) have 800+GST i.e. 944 AMC.
Virtual DC is coming this financial year (which will be free ofcourse). It's not live yet.
And minimum balance charges have been waived off for ALL savings bank account types but rest of the charges remain.
P.S. Minimum balance charges accumulated BEFORE 05/07/2025 have to be paid as even staffs can't modify those liens marked by the CBS.
Last edited:
CreditCardFino
TF Ace
On BOI website I see DC (first issuance) and SMS charges waived of if we have 1L AMB is that correct?
gogetassj4
TF Select
Only the issuance charge is waived off. The AMC from 2nd year remains and subject to Average Yearly Balance as shown in the image above.
CreditCardFino
TF Ace
I need this account for credit card so I can close within an year no charges for closing the account?
gogetassj4
TF Select
Savings accounts with active loans / CCsare not allowed to be closed.
Last edited:
CreditCardFino
TF Ace
So I can't close savings account if I hold credit card from BOI?
gogetassj4
TF Select
Sorry, re-read my edited post.
What is the process bank is following for the new insurance of cc for existing customer as well as new to bank customers and please guide us about the lien marked FD based cc
gogetassj4
TF Select
Applying via branch is the fastest way. Rupay select CC is great but lien marked FD CC is not good at all, that's the best way I can put it.
Only base branch accepting applications or other branch too ?
Formalities or Requirements apart from saving account, if you can guide us too.
Thanks for taking time out and sharing valuable insights.
CreditCardFino
TF Ace
Can we have BOI account without debit card. I mean what if I close DC after one year can I can continue with mobile app/net banking?
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