- The Internet Banking
service will be available in case of joint accounts only if the mode of
operation is indicated as 'either or survivor' or ' anyone or survivor'.
For these joint accounts one Internet Banking user-id will be
issued to one of the Joint Account holders. Bank has the option to issue
additional user-id and password for any type of accounts including Joint
Accounts. The other Joint Account holder(s) shall expressly agree with
this arrangement and give their consent on the application form for use
of Internet Banking . In case any of the joint account holder(s)
gives "stop payment" instructions or request to discontinue
Internet Banking service in respect of operations through the use
of Internet Banking (or in writing) or by some other mode of
authorized communication, on any of the Internet Banking -accounts
held jointly by them, the Internet Banking service will be
discontinued for the user. In case of addition of new name in an
existing account, this will automatically apply on him/her.
- Minimum balance and charges
- The user shall maintain, at
all times, such minimum balance in Internet Banking account(s), as
the Bank may stipulate from time to time. The Bank may, at its
discretion, levy penal charges and/or service charges for non-maintenance
of the minimum balance. In addition to the minimum balance stipulation
the Bank may levy service charges for use of Internet Banking at its
discretion. The user authorises the Bank to recover all charges related
to Internet Banking as determined by the Bank from time to time by
debiting one of user's Internet Banking accounts.
- The Bank may withdraw the
i-net banking facility, if at any time the amount of deposit falls short
of the required minimum as aforesaid and/ or if the service charges
remain unpaid, without giving any further notice to the user and/ or
without incurring any liability or responsibility whatsoever by reason
of such withdrawal
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