Outlook Money
It has no additional annual maintenance charge, which makes it economical.
You can withdraw money anytime, as there is no limitation like Tier I.
It allows you to move the funds to a Tier I account anytime.
You don’t need to maintain a minimum balance, eliminating the risk of penalties.
You must be an Indian citizen aged 18-60, NRIs included.
You must have a Tier I account and a PRAN number.
The minimum deposit is Rs 1,000, with no maximum limit.
Compiled By Himani Verma