Kal Advantage Current Account

The Kalupur Commercial Co-operative Bank has already started to provide POS (Point Of Sale) service to our customers. Due to demonetization of Rs. 500 and Rs. 1000 bank notes, there has been increase in demand of POS machines by retail customers. with a view to encourage distribution of POS machines to our Customers, it has been decided to start special category of current account i.e "KAL Advantage Current Account".Special features of this new typw account are as follow.

Product Name & Code KAL advantage current Account
Quarterly average balance to be maintained Rs. 30000
Penalty For Non Maintenance of QAB Rs. 1000
Special features Waiver of rent of POS machine (i.e Rs. 350 per month)
  Waiver of POS set up and installation charges (i.e Rs. 1300)
  Free cash deposite upto Rs. 50000 per day
  All other charges as per regular current account scheme.
  Aggregate monthly cash deposit Rs. 10,00,000

Privilege Current Account holders and Premium Current Account holders will get benefit of waiver of rent of POS machine upto 30-06-2017 and waiver of POS set up and installation charges.

All the customers who have obtained POS facility on or after 08-11-2016 can opt for "KAL Advantage Current Account" with free POS facility subject to maintenance of Quarterly Average Balance of Rs. 30000 from now onwards.

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