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 Amount can be deposited/ withdrawn from these accounts by way of cheques / withdrawal slips.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.
Eligibility :
Any Women Resident Individual - Single Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies.
Features :
- Minimum balance in account(QAB):
- Rs 3000/- for Metro/Urban
- Rs 2000/- for semi urban
- Rs 1000/- for Rural
- 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
- 0.25% lower interest rates on two/four wheelers
- 0.50% lower interest rate in education loan for girl child.
- 25% waiver on annual locker charges.
- Free 25 cheque leaves in a year
- SMS alert facility free for 1st year.
- 25% waiver on processing charges on Auto Loan, Education Loan and Mortgage Loan.100% waiver in processing charges for personal loan.
- Sweep facility is available on request only on and above Rs 50,000 in multiple of Rs 10,000 for 90 days.
- Reverse sweep will happen in multiple of Rs 10000
- Simplest deposit option available to the depositor.
- An ideal option to cultivate the habit of banking and saving amongst the younger generation.
- Easy to operate. Terms and conditions kept lucid to facilitate a layman's understanding.
- No hidden costs.
- Deposits are insured by DICGC.
- Interest being calculated on daily product basis and will be credited quarterly or at the time of closing the Account.
- Provision for nomination.
Terms and Conditions :
- Unlimited period of time of deposit.
- Minimum balance is required to be maintained. Please check Minimum Balance Charges from Service Charges Booklet.
- 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.