The account comes with many benefits including interest of up to seven per cent on balance.
jjivan Small Finance Bank, Ua part of Ujjivan Financial Services, launched Women Savings Account named Garima Savings Account. The account will offer multiple customised benefits to women including up to seven per cent interest on the savings account. Through the product, the bank aims to serve financially aware and economically active women by being a companion in their day-to-day banking needs. The account offers a higher cash
deposit and free unlimited withdrawal at any of its branches with no additional charges for non home branch transactions. Customers would also enjoy unlimited free NEFT and RTGS transactions through internet banking and mobile banking.
The account comes with a personalised Rupay Debit Card with several linked multiple benefits and a personalised cheque-book, specially designed for women. Some other benefits include purchase protection, one call card blocking along with offers on bill payments, entertainment and lifestyle.
“We have been dealing with women customers for 15 years. As we have experience both as an MFI in the past and now as a bank, we have an insightful understanding of women customers’ financial requirements. We know how to cater to their needs and aspirations. Moreover, we would also like to learn from our customers and keep enhancing our product programme,” says Nitin Chugh, MD and CEO, Ujjivan Small Finance Bank. Ujjivan SFB, which started banking operations in February 2017, now has 575 branches across 24 States and Union territories.