TMB Happy Family Banking Account
The TMB Happy Family Banking Account is a relationship-based savings scheme that groups 3 to 6 individual family accounts under a single Family ID to share a combined minimum balance requirement. It optimizes family wealth by eliminating standalone account balance pressures while unlocking exclusive fee waivers and bundled "3-in-1" insurance protection (Life, Accidental, and Health) for every member
Effortless digital and branch-based service access
Streamlined onboarding with zero medical tests required for health coverage up to 60 years of age.
Offers both cashless hospitalization and easy expense reimbursement facilities at networked hospitals.
Secure, fast, and customer-focused service delivery
Overview
The TMB Happy Family Banking Account is a unique relationship-based savings scheme designed to link 3 to 6 individual family members' savings accounts under a single Family ID.
Product Highlights
Instead of every person maintaining an individual minimum balance, the family pools its funds to meet a combined Family Monthly Average Balance (FMAB), unlocking premium banking privileges and built-in "3-in-1" insurance coverage for each member.
Features and Benefits
Every eligible family member gets comprehensive coverage, featuring a ₹2 Lakh health floater with annual premium from ₹1050 to ₹2100, ₹3 Lakh free accidental insurance, and ₹1 Lakh life insurance cover.
Eligibility
The scheme is open to 3 to 6 family members, including the major lead member, spouse, children, parents, grandchildren, and sons/daughters-in-law, who hold existing or new TMB savings accounts. While resident Indians, NRIs, and bank staff are eligible, the plan strictly excludes HUF, Institutional, PMJDY, and Simple/Small accounts.
Service charges & fees
Here's a transparent view of all applicable charges for your account and related services
Frequently Asked Questions
Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account
