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
Eligibility Criteria:
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Age – minimum age - 18 years .
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Account can be opened by an Individual / Jointly with First name of a lady / NRE.
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Insurance coverage to Individual / First name in case Joint Account.
PRIVILEGES:
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.
OTHERS
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Penalty for non-maintenance of minimum balance – Rs.150/- + service tax per quarter.
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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.
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If the account holder opts for Rs. 5,000 as minimum balance the condition of compulsory mediclaim policy would not be applicable.
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Account holder can hire bigger locker but rebate of 25% would be limited to the “A” type of locker rent.
