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Resident Individuals. |
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Hindu Undivided Families. |
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Sole Proprietorship Firms. |
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Partnership firms. |
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Limited companies. |
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Trust Accounts. |
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Association/ Clubs/ Societies. |
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Foreign Institutional Investors. |
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Foreign nationals residing in India.
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All you need is to maintain an average balance of Rs. 1,00,000/- per quarter. (Non-maintenance of which entails a charge as per the following:)
When the AQB is less than 1 lakh and upto Rs.50,000/-, there is a service charge of Rs.1,500/- per quarter.
When the is AQB less than Rs.50,000/-, there is a service charge of Rs.6,000/- per quarter.
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All fees & charges mentioned in the Tarriffs, Charges or Fees Brochures will attract Service Tax @ 12% & Education Cess @ 3% of the service tax amount. The same will appear as separate debits in the statements.
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