Nari Bachat Khata targets women customers taking into account that may help them increase their access to productive resources and saving habits.
Last Updated Date: May 17, 2022
Required documents for Women Saving Account
Nari Bachat Khata targets women customers taking into account their unique banking habits that may help them increase their access to productive resources. With the maximum interest rate offer, the product aims to encourage our ladies' customers to empower themselves through their savings. It aims to avail a saving solution to the range of women customers by connecting them with to service of modern-day banking practices, enabling them to take control over their financial behavior and decisions. A woman's savings account can be opened either individually by a woman or as a primary holder in case of joint holding. There are many rewards and customized features offered on these accounts and the debit cards linked with them.
Women's savings account will particularly suit women who are looking for a savings account which offers higher benefits at the same minimum balance requirement as that of a regular savings account
Nowadays, many banks provided specially designed savings accounts for women which ensure more security, feasibility, features, and benefits. They provide debit cards with various discounts and offers, waiver on DEMAT account, and low-interest rates on loans as well for their female customers. The idea behind this is to promote financial empowerment among females so that they can learn to plan their finances and also make investments to avoid critical situations.