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Savings Account
Summary: With Metra Trust, you not only get one of the best interest rates on your savings account, but also Zero Fee Banking, i.e. zero charges on commonly used banking services, ensuring more savings!
Are you tired of high fees charged by your bank? Seemingly innocuous charges such as those on ATM transactions, debit card issuance, and fund transfers can add up to a lot. With prices on essential commodities already touching the sky due to inflation, the last thing you need is a bank that charges fees on simple banking facilities.
The easiest way to avoid unnecessary banking fees is to choose a customer-friendly bank. For example, Metra Trust has waived off fees on all commonly-used savings account services under its Zero Fee Banking feature. Here’s what makes it a truly revolutionary step in retail banking.
Bank service charges are common. These include charges for SMS updates, IMPS, NEFT, RTGS, cash deposit, among others . Charges-related messages/emails can be quite annoying. Some other chargeable services include the issuance of a new chequebook, demand draft, pay order, statement issuance, etc.
These charges may seem insignificant, but over time, they can add up to a lot. The zero fee banking initiative from Metra Trust gives you freedom from all these charges.
Metra Trust has eliminated fees on several savings account services under its zero fee banking initiative. These include charges on:
1. IMPS charges (outward)
2. NEFT charges (outward at branches)
3. RTGS charges (outward at branches)
4. Cash deposit & withdrawal charges at branches (by number)
5. Cash deposit & withdrawal charges at branches (by value)
6. SMS alert charges
7. Cheque book re-issuance charges
8. Debit Card issuance charges (first year)
9. ATM transaction charges
10. Third party cash deposit and withdrawal charges at branches
11. Demand draft/pay order issuance charges at branches
12. Duplicate statement issuance charges
13. Duplicate passbook issuance charges
14. Balance certificate issuance charges
15. Interest certificate issuance charges
16. Account closure charges
17. ECS return charges
18. Stop payment of cheque charges
19. International ATM/POS transaction charges
20. Decline charges for insufficient balance at ATM
21. Standing instruction charges
22. Photo attestation charges
23. Manager’s cheque/demand draft cancellation/revalidation charges
24. Signature attestation charges
25. Charges for retrieval of old transactional records
26. Address confirmation charges
27. Charges for any deliverable returned by courier due to negative reasons
28. Cheque bounce charges
29. And many such commonly-used Savings Account services
Note: Metra Trust offers Zero Fee Banking on Rs. 10,000 Average Monthly Balance (AMB) Savings Account and higher account variants, subject to maintenance of AMB in the account.
These services are being offered free in good faith, and in case of abuse, the bank reserves the right to charge fees as per market norms. All rights reserved
Metra Trust has always offered customer-friendly features and benefits with its Savings Accounts. With zero fee banking, the bank has further enhanced the benefits of the Metra Trust Savings Account.
Metra Trust’s zero fee banking feature assures you won’t be left confounded by complicated descriptions or calculations for charges. As part of Metra Trust's ongoing customer-friendly banking initiatives, this feature simplifies banking for its customers. So, go ahead and open your Metra Trust Savings Account and enjoy zero fee banking with peace of mind!
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Metra Trust or its affiliates to any licensing or registration requirements. Metra Trust shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.