POWER JYOTI CURRENT ACCOUNT - FEE PAYMENT COLLECTION

Facility Offered: Collection of funds from all branches of SBI to Power Jyoti Current Account with MIS.
Users: Educational Institutions/other bodies for fee/fund collection. Collection of donation as well.
USP: A remitter can send fund under the scheme without having an account with SBI.
Scope: Transactions permitted in cash transfer and clearing.
Quarterly Average Balance: Rs. 50,000/-
MIS: Complete details of collection available through periodic statement/corporate internet banking.
Corporate Internet Banking: Free
Cash handling charges: Nil
Remittance charges: Per transaction nominal charges
FOR FURTHER INFORMATION PLEASE CONTACT THE NEAREST SBI BRANCH
POWER JYOTI CURRENT ACCOUNT - PRE UPLOADED
Facility Offered: Collection of funds through pre-upload of tailor made MIS data which will only be validated at collecting branches.
USP: Error in data inputting at various collecting branches resulting in reconciliation issues are completely ruled out.
Users: Institutions/other entities for fee/fund collection, collection of donation bodies for fee/fund collection. Collection of donation as well.
MIS: Customized MIS available.
Scope: Transactions permitted in cash transfer and clearing.
Quarterly Average Balance: Rs. 50,000/-
Corporate Internet Banking: Free
Service charges: Rs. 60/- per transaction
Cash handling charges: Nil
FOR FURTHER INFORMATION PLEASE CONTACT THE NEAREST SBI BRANCH