Vikas Premium Savings Bank Account (VPSB)
Minimum Balance limits :
VPSB & VSPSB Accounts (Cir No 52/08)
Rs. 10000/- for VPSB accounts and Rs. 20000/- for VSPSB accounts
Penalty for non maintaining minimum balance :
Rs.100/- per month for VPSB &VSPSB if average monthly balance below the stipulated limit.(Auto debit in CBS)
Rate of Interest:4.00% simple interest.