Nari Shakti Saving Account : Bank of India has launched a special type of savings account named “Nari Shakti Saving Account” to make women self-reliant and financially empowered. Under this special savings account, various types of facilities are available.
Who can avail the benefits and how?
Women aged 18 years or above can avail the benefits of savings account. Interested women customers can open Nari Shakti Savings Account by visiting the domestic branches of BOI. This can also be availed through digital platform.
Purpose of Saving Account
The objective of this savings account is to provide support to working women with independent sources of income. Also, women have to be made self-reliant and empowered. According to the bank’s statement, Rs 10 will be contributed to the CSR fund for Nari Shakti account. This fund will be used to help underprivileged women and girls.
You will get the benefit of these facilities
- Under this savings account, women will get accidental insurance coverage up to Rs 1 crore.
- Gold and Diamond Savings Account holders will get attractive discounts on bank locker facilities.
- Women customers will benefit from discounted rates on products on health insurance and wellness products.
- Concessional interest rates on retail loans and waiver of processing fees will also be provided under the savings account.
- Platinum account holders will get free facilities.
- No fee will have to be paid for issuing credit cards.
- The higher usage limit on POS transactions will be up to Rs 5 lakh.
RBI changed the rules of bank account locker, know the complete details before using it.
