Bank of India unveils Nari Shakti Savings Account: From features to benefits; all you need to know
financial empowerment. Here are features and benefits of Nari Shakti Savings Account Personal accident insurance cover: This account comes with a comprehensive personal accident insurance cover of up to Rs. 100 lakhs, ensuring the safety and security of women account holders.
Discounted health insurance and wellness products: Women holding the Nari Shakti Savings Account can avail attractive discounts on health insurance and wellness products, promoting their overall well-being. Attractive rebates on locker facilities: Gold and diamond SB account holders enjoy appealing rebates on locker facilities, ensuring the safekeeping of their precious belongings. Free facilities for platinum SB account holders: Account holders with platinum status can benefit from various free facilities, adding more value to their banking experience.
Concessional rate of interest on retail loans: Women with the Nari Shakti Savings Account are entitled to a special concessional rate of interest on retail loans, making borrowing more affordable and accessible for them. Waiver of processing charges on retail loans: As an added benefit, women account holders do not have to pay any processing charges on retail loans, further reducing their financial burden. Free issuance of credit cards: Nari Shakti Savings Account holders can enjoy the convenience of a free credit card, offering greater financial flexibility and convenience in transactions.
Higher usage limit on POS: Account holders can benefit from a higher usage limit of up to Rs. 5.00 lakh on point-of-sale (POS) transactions, allowing them to make larger purchases with ease. The Nari Shakti Savings Account is not just a regular savings account; it is a financial tool designed to empower working
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