ICICI Bank savings account for women: Benefits, eligibility and how to open
A financial savings account is the maximum possible way to save price range for destiny and earn a hard and fast interest price at the foremost amount.
A financial institution savings account is the maximum prevailing carrier offered to utilize all the scheduled business banks. It is easy to save funds for the future and earn a fixed hobby fee on a significant amount. ICICI Bank offers numerous options on savings bills, but one which stands out is the ICICI Bank Advantage Woman Savings Account. The account has been designed especially for women and offers many advantages like Cashback Offer, Processing Fee Waiver, Preferential Rate on Loan, etc. Here is all you need to recognize:
Debit Card benefits:
Women can earn as they spend. They can get a cashback of up to Rs 750 in step with a month on eating, leisure, jewelry purchases using a Debit Card. Moreover, women will by no means be a long way away from money because the financial institution affords free unlimited get admission to all of the account holders inside India.
The financial institution has notified the eligibility criteria in which all of the resident Indian women of 18 years and above should be the primary applicant.
Special reductions and offers:
All the ICICI Bank Advantage Woman Savings Account holders will experience the double benefits of the lower price as they’ll get preferential fees on Home Loan, Personal Loans, and Car Loans. Women can easily practice iProtect Smart, which has a complete top class for Life, Accidental Death, and other critical illnesses. Additionally, ladies may be solely entitled to get a reduction of fifty percent on locker leases.
With ICICI Bank Advantage Woman Savings Account, a running woman will earn higher interest by setting a stability restriction above which money within the Savings Account gets converted into a Fixed Deposit on request.
All the ICICI Bank Advantage Woman Savings Account holders may control their Savings Account from everywhere, using Internet Banking, mobile app, and ATMs. Further, they get facilities like e-mail statements, Payable-at-Par multi-city cheque ebook, passbook facility for all individual account holders free of charge of cost.
According to ICICI Bank, clients can switch domestic loan balances without paying any processing prices if the car debt is the mortgage reimbursement mode.
Savings Account Portability:
With ICICI Bank Advantage Woman Savings Account, an operating girl can request to transfer her Savings Account from one branch of ICICI Bank to any other through Internet Banking or our Customer Care. Alternatively, she can post a written request on the nearest ICICI Bank department. The account could be transferred within two working days without suspending the account operations, trade inside the account variety, and surrender the Debit Card or cheque ebook. Moreover, the first five transactions (inclusive of monetary and non-economic transactions) are loose for the consumer. After that, minimum fees are applicable.