Statement PDF
Statement PDF
Statement PDF
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Note: All bank deposits are insured up to maximum of Rs. 1,00,000 subject to change from time to time as specified by DICGC
HOLDERS
1. GURRAM DEEPTHI
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CARDS (INR) CARD NUMBER BILL DATE MINIMUM DUE BILL AMOUNT
IOC PLATINUM CARD of GURRAM DEEPTHI 4386 XXXX XXXX 1533 25Sep19 3444.28 16008.50
TOTAL 3444.28 16008.50
Net Relationship Value (NRV) is an aggregate of the average value of certain relationships you hold with us, calculated on a monthly basis. It not only considers the
savings balance in your account but also includes your fixed deposits (FD's), investments & insurance policies taken through Citibank, outstanding principal on
Citibank Home Loans and a part of the holdings in your Citibank Demat Account.
For example, if you have subscribed to investments worth Rs. 1.5 lakhs through your Citibank account and have Rs. 50,000 in an FD, then your NRV is Rs. 2 lakhs,
even if the balance in the savings account is nil.
a) Current/Savings Account 25,000 Average for the Month,Calculated based on total of daily end of day balance/total number of days.
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b) Fixed Deposit 25,000 Daily end of day balances Principal amount/total number of days.
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d) Loans against securities 25,000 Daily end of day balances/total number of days
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e) Demat Holdings 1,00,000 25% of the demat average balance.Demat average balance=Sum (non pledged shares x Market rate)
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**Towards active indivdual life insurance policies with the account holder as proposer.
W.e.f. 1st April 2015, you will get an additional one month to build up your Net Relationship Value (NRV) in case it falls below the required threshold. Further, we
have revised the NRV non-maintenance charges to only 1% of the NRV shortfall or Rs. 600, whichever is lower, applicable only if you are not able to maintain the
NRV by the end of the next month. The shortfall will be calculated on the higher NRV maintained across the two consecutive months.
Please note that the above example is for illustration purpose only.Threshold for the account varies basis the type of account held with the bank.
To know more on how to build up your NRV and to help you understand the above changes better, please visit www.citi.co.in/nrvfaq.htm.
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