Naini Mahila Samrudhi Saving Bank Account

Saving Bank Account :

These accounts are designed to help the women customers to inculcate the habit of saving money and to meet their future requirement of money. Amount can be deposited/ withdrawn from these accounts by way of cheques / withdrawal slips. It helps the customers to keep minimum cash at home besides earning interest.

The insurance Protection in Naini Mahila Samriddhi Scheme is now available if the customer avalls Credit Card and the detail of insurance is as follows-- Accidental Death Cover - Rs 15 Lakh Air and Rs 5 Lakhs Non Air. Kindly communicate the same to the customers also.

Eligibility :

Any Women Resident Individual - Single Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies.

Features :

  1. Minimum balance in account(QAB):

    Rs 3000/- for Metro/Urban

    Rs 2000/- for semi urban

    Rs 1000/- for Rural

  2. 1st Year Free RuPay Debit Card :

    Current selective Offers on Rupay Debit Card is as under & is subject to change from time to time

    Rs 1 Lacs accidental insurance up to 70 Years of age

  3. 0.25% lower interest rates on two/four wheelers
  4. 0.50% lower interest rate in education loan for girl child.
  5. 25% waiver on annual locker charges.
  6. Free 25 cheque leaves in a year
  7. SMS alert facility free for 1st year.
  8. 25% waiver on processing charges on Auto Loan, Education Loan and Mortgage Loan.100% waiver in processing charges for personal loan.
  9. Sweep facility is available on request only on and above Rs 50,000 in multiple of Rs 10,000 for 90 days.
  10. Reverse sweep will happen in multiple of Rs 10000
  11. Simplest deposit option available to the depositor.
  12. An ideal option to cultivate the habit of banking and saving amongst the younger generation.
  13. Easy to operate. Terms and conditions kept lucid to facilitate a layman's understanding.
  14. No hidden costs.
  15. Deposits are insured by DICGC.
  16. Interest being calculated on daily product basis and will be credited quarterly or at the time of closing the Account.
  17. Provision for nomination.

Terms and Conditions:

  1. Unlimited period of time of deposit.
  2. Minimum balance is required to be maintained. Please check Minimum Balance Charges from Service Charges Booklet.
  3. Formal documents required

    Domicile Certificate.

    Introducers being the holders of Nainital Bank.

    Passport size photograph.

    IT Declaration (Form60/61).

    In case personal introduction in not possible approved documents i.e. election I-Card, driving license, pan card, passport may be applicable as per Banks norms.