State Bank Of Travancore offers NRE Platinum Account scheme for Non Resident Indian & Foreign citizen of Indian origin.

NRE Platinum Account scheme

Target Group High Net worth NRI customers.

Minimum Deposit -

Average quarterly balance of Rs 2.5 lac in NRE/NRO SB account or SUKOON account

Initially Zero balance account can be opened and minimum balance to be maintained before completion of the calendar quarter.

Existing customers can also avail the new product.

Services offered -

Nil service charges for fund transfers through NEFT/ GRPT/ RTGS, ECS, Standing Instruction etc, collection and remittance.

Free State Bank Platinum International Debit Card.(Chip + Mag stripe Card) with following features: (No Annual maintenance charge)

Daily Cash limits at ATMs Withdrawal Limit-

Min Rs.500/- and Max Rs.1 lakh in India
Max USD 2000 or equivalent thereof abroad.

Daily point of sale/Online Transaction Limit -

Max Rs.2 lac in India
Max USD 4000 or equivalent thereof abroad.

Issuance Charges-
Rs. 300/- (waived)

Annual Maintenance Charge
Rs. 100/- (Waived)

Complimentary Insurance

I) Rs. 5 lakhs (accidental death only)

ii) Rs. 50,000/- on purchase protection for theft/damage upto 90 days from the date of purchase in respect of transactions carried out at point of sale/merchant establishments.

Loyalty points
5 loyalty points for every Rs.100/- spent.

Toll free number: 1800 425 7733