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Please explain the free savings account / free current account offer – what exactly is free to me?

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As an Excel Banking Member you will enjoy the facilities of a savings or current account with a waiver on the minimum-quarterly-average-balance requirement. You are entitled to open an Enhanced Business Plus 100 Current account or upgrade your existing Business Plus Current account to EBP 100. You an open a SuperValue Savings Account or upgrade your existing aXcess Plus Savings Account to SuperValue. These waivers are available to all Excel Banking customers that maintain the required customer level balance of Rs. 500,000.

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