Dhanlaxmi Bank Savings Account

Last Updated : Feb. 26, 2025, 5:23 p.m.

Dhanlaxmi Bank was established in 1927. This private-sector bank offers private banking, commercial banking, retail banking, and credit cards. The headquarters are situated in Thrissur, Kerala. The bank has 300 branches across the country. Dhanlaxmi Bank launched Platinum and Gold Credit cards in March 2010. In this article, we will dig deeper into the Dhanlaxmi Bank Savings Account and their features and benefits.

Dhanlaxmi Bank Savings Account Interest Rates 2026

Below are the savings account interest rates for Dhanlaxmi Bank Account:

Types of Dhanlaxmi Bank Savings Account

Dhanlaxmi Bank account types are listed below-

Dhanam Vanitha Savings Account: This account is specially designed for women.

1. Free internet and phone banking services,
2. POS limit of Rs. 75,000 a day.
3. If the account balance crosses RS. 25,000, the balance gets converted to Fixed deposits.
4. Monthly average balance maintenance of Rs.500.

Dhanam Preferred Savings Account: This account can be opened by individuals, trusts, societies as well in a minor's name.

1. ATM withdrawal limit of Rs.50,000 a day,
2. Easy access to cash because of the wide branch network.
3. 5 free NEFT and RTGS money transfers in a month and cash withdrawal
4. Deposits of up to Rs. 1,00,000 a day at non-base branches.

Dhanam + and ++ Savings Accounts: With the Dhanam + and ++ account, you get the benefit of a term deposit with your savings account,

1. Good dividends and convenient account handling
2. Flexible term deposits.
3. Free chequebook for accountholders

Dhanam Basic Savings Account: This is a top zero-balance savings account that is aimed at providing basic banking needs to customers such as deposits and withdrawals.

1. No minimum balance needs to be maintained
2. A debit card is provided

Dhanam Basic Savings Bank Deposit Account-Small: This is a zero-balance account, making banking accessible to everyone. This account can be opened by individuals singly and jointly by minors with a guardian only.

1. The maximum balance is Rs. 50,000 at any point in time.
2. No maintenance charges

Dhanam Yuvak Savings Account: This account is for youth between the ages of 18 and 35 years

1. Net banking, NEFT and RTGS , phone banking, ECS charges, email alerts, and e-statements are free.
2. Debit or credit card
3. Free Inter-branch banking

Dhanam Premium Savings Account: Individuals, trusts, societies, clubs and associations are eligible for this account.

1. unlimited transactions at any ATMs
2. 10 free NEFT and RTGS transactions each per month.

Dhaman Privilege Savings Account: The Dhanam Privilege Account, offers

1. Withdrawals of up to Rs.50,000
2. POS limit of Rs.1,00,000 per day
3. NEFT and RTGS are free
4. personalised chequebooks every quarter at no charge.

Smart Salary Savings Account: This account is targeted at salaried employees, this account provides them with benefits like

1. 2 free pay orders
2. 5 free NEFT and RTGS services from the branch per month.
3. No average monthly balance.
4. Holders can avail of a debit card
5. Unlimited non-cash transactions at any bank.

Regular Savings Account: This account is easily accessible and can be operated through branches across the country.

1. Doorstep banking facility
2. Free non-cash transactions at any bank.

Dhanlaxmi Bank Savings Account Features & Benefits

• Easy banking with multiple branches
• Free mobile and net banking
• Competitive interest rates
• Doorstep banking facility
• Special accounts tailored to individual needs.

Documents Required for Dhanlaxmi Bank Savings Account

The documents below are required to open a savings account with Dhanlaxmi Bank.

• Identity Proof
• Residence Proof
• Recent photographs
• The identity documents include a PAN card, driving licence, Aadhar card , passport, any government-issued identification.
• Residence proof includes utility bills, Aadhar card, passport, ration card or tenancy agreement.

What is the Minimum Balance for Dhanlaxmi Bank Savings Account?

The table below shows the minimum balance requirement for Dhanlaxmi Bank account:

Dhanlaxmi Bank Savings Account Charges & Fee

Below are some charges associated with the Dhanlaxmi Bank account.

ACCOUNT RELATED CHARGES

• Account Closure Charges Up to 14 days : Nil,
• 15 days to 12 months: Rs.500/-,
• After 12 months: Nil

ELECTRONIC PAYMENT RELATED CHARGES

NEFT – Through Branch

• Up to Rs.10000 - Rs.2.50 Per Transaction;
• Rs.10001- Rs.100000 - Rs.5/- Per Transaction;
• Rs.100000 - Rs.200000 - Rs.15/- Per Transaction
• Above Rs.200000 - Rs.25/- Per Transaction

RTGS – Through Branch

• Rs.200000 - Rs.500000 - Rs.25/- Per Transaction
• Above Rs.500000 - Rs.50/- Per Transaction

IMPS Charges

• From Rs.1 and up to Rs.1 Lakh- Rs.5/-
• Above Rs.1 Lakh and up to Rs.2 Lakh -Rs.15/-
• Above Rs.2 Lakh – Rs.17/- Transaction.

CHEQUE/DEMAND DRAFT/PAY ORDER/ECS MANDATE RELATED CHARGES

• Charges / Cheque Leaf Rs.3.50 per leaf
• For Senior Citizen Products Rs.3.00 per leaf
• Loose leaf from branch for cash withdrawal Rs.50/- per leaf

ATM-RELATED CHARGES

• Debit Card Issuance Charges Rupay Debit Cards
• Rupay Classic Domestic Debit Card - Rs.200/-
• Rupay Classic International Debit Card - Rs.250/-
• Rupay Platinum International Debit Card - Rs.450/-

VISA Debit Cards

• VISA International - Rs.300/-
• Debit Card -Annual Maintenance Charges Rupay Debit Cards
• Rupay Classic Domestic Debit Card - Rs.150/-
• Rupay Classic International Debit Card - Rs.250/-
• Rupay Platinum International Debit Card - Rs.450/-

VISA Debit Cards

• VISA International Debit Card - Rs.300/-
• Other Bank Transaction charges - Rs.21/- Per Transaction
• Other Bank Transactions - due to insufficient funds Rs.25/- Per Transaction
• Debit Card Financial Transaction charges (International) Rs.150 + 3.50% Cross Currency markup
• Debit Card Non-Financial Transaction (International) Rs.25/- Per Transaction.

How to open a Savings Account in Dhanlaxmi Bank?

You can open a savings account at Dhanlaxmi Bank either online or offline.

For the online option,

• Go to the bank's official website
• Choose the personal banking tab
• Select savings account
• Click on Apply.
• Fill in the required information and a bank official will get back.

For the offline option,

• Visit the nearest bank branch and carry the mandatory documents. Bank officials will help you create an account once all the documents are verified and you submit the application form.