Rajbank Stree (Woman) Saving Bank Account
In today’s busy world, it is tough for a woman to manage home finance and at the same time to ensure that future of her loved ones remain protected in case of any adverse eventuality / mis-happening to them . Keeping this in mind, Rajbank Stree Shakti Savings Account has been designed best suited for the woman of today.
It is a SB account exclusively for woman with added privilege of insurance for their jewellary and also mediclaim facility that covers re-imbursement of hospitalization expenses in case of any illness. This insurance is available at a nominal premium depending upon the age of the account holder.
Quarterly Average Balance (QAB) - Rs. 2,500
Age – minimum age - 18 years .
Account can be opened by an Individual / Jointly with First name of a lady / NRE.
Insurance coverage to Individual / First name in case Joint Account.
a) Free Life Time Debit cum ATM Card i.e. no Renewal Charges;
b) 25% discount on Locker Type ‘A’ for the 1st year;
c) Jewellary Insurance coverage of Rs 0.50 lac. Premium of Rs.50/-+S.T. on insurance coverage of Rs. 0.50 lac will be borne by the Bank.
d) Free Internet Banking;
e) Free SMS Alerts;
f) Coverage of Health Insurance (Premium will be borne by the account holder)
g) Nomination facility available.
Penalty for non-maintenance of minimum balance – Rs.150/- + service tax per quarter.
If the account holder opens an RD account of Rs. 1,000 per month, minimum balance charges in her SB account would not be applicable.
If the account holder opts for Rs. 5,000 as minimum balance the condition of compulsory mediclaim policy would not be applicable.
Account holder can hire bigger locker but rebate of 25% would be limited to the “A” type of locker rent.