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Woman Savings Account

Who run the world? Girls!

-Beyoncé

With women shattering the glass ceiling and not settling for anything less than the best, several Indian financial institutions including the leading banks of India have recognized this need and have come up with Woman Savings Accounts that caters to their every need. This account is a celebration of women, where many banks give them offers specially curated for them

Bank
Interest Rate
Minimum Balance
Features
Apply
Bank
Kotak Silk
Kotak Silk
Interest Rate
6% p.a.
(Balance above 1 lac & up to Rs. 1 Cr.)
5.5% p.a.
(Balance above Rs. 1 Cr.)
5% p.a.
(Balance up to Rs. 1 lac)
Minimum Balance
Rs 10,000
Features
Show Details
Bank
Advantage Woman Savings Account
Advantage  Woman Savings Account
Interest Rate
4% p.a.
(For end of day balance of Rs 50 lac & above)
3.5% p.a.
(For end of day balance of below Rs 50 lac)
Minimum Balance
Rs. 10,000
Features
Show Details
Bank
Axis Women Savings Account
Axis Women Savings Account
Interest Rate
3.5% p.a.
(Balance of below Rs. 50 lakhs )
4% p.a.
(Balance of Rs. 50 lakhs & above)
Minimum Balance
Rs. 10,000 (Metro/Urban), Rs. 5,000 (Semi Urban) Rs. 2,500 (Rural)
Features
Show Details
Bank
IDBI SuperShakti Account
IDBI SuperShakti Account
Interest Rate
4% p.a.
Minimum Balance
Rs. 5000 (Metro & Urban), Rs. 2500 (Semi Urban), Rs. 500 (Rural)
Features
Show Details
Interest Rate
6% p.a.
(Balance above 1 lac & up to Rs. 1 Cr.)
5.5% p.a.
(Balance above Rs. 1 Cr.)
5% p.a.
(Balance up to Rs. 1 lac)
Minimum Balance
Rs 10,000
Show Details
Features
  • Cashback on Spending
  • Hassle-free bill payments through Scan & Pay
  • Special offers on shopping, etc.
Interest Rate
4% p.a.
(For end of day balance of Rs 50 lac & above)
3.5% p.a.
(For end of day balance of below Rs 50 lac)
Minimum Balance
Rs. 10,000
Show Details
Features
  • Zero Balance Banking
  • Unlimited Cash withdrawals across all ATMs
Interest Rate
3.5% p.a.
(Balance of below Rs. 50 lakhs )
4% p.a.
(Balance of Rs. 50 lakhs & above)
Minimum Balance
Rs. 10,000 (Metro/Urban), Rs. 5,000 (Semi Urban) Rs. 2,500 (Rural)
Show Details
Features
  • Ease of Internet & mobile banking
  • Higher withdrawal limit
Interest Rate
4% p.a.
Minimum Balance
Rs. 5000 (Metro & Urban), Rs. 2500 (Semi Urban), Rs. 500 (Rural)
Show Details
Features
  • Zero balance account for children as well
  • 50% discount on Demat account

WOMEN’S SAVINGS ACCOUNT

Savings Account

A savings account is the first step towards becoming financially independent.

With a savings account, you can let your money work for you! This financial product is the easiest way to save your money and earn a steady interest on it. Savings account makes sure your money is safe and secure. Many banks now provide added benefits to the customers availing their Savings Account.

Banks now also provide with a wide range of products under savings account for supporting the needs of different customers.

“Women’s Savings Account

“Who run the world? Girls!”

-Beyoncé

Banks now also provide with a wide range of products under savings account for supporting the needs of different customers. One such being the savings account for women.

With women shattering the glass ceiling and not settling for anything less than the best, several Indian financial institutions including the leading banks of India have recognized this need and have come up with women saving account that caters to their every need. This account is a celebration of women giving them specially curated and customized offers.

Most of the leading banks of India offer women savings account with attractive features and exclusive offers ranging over various brands to its customers on the use of their debit/credit card.

Some of the Indian Banks offering Women’s savings account are as follows:

Kotak’s Silk Account

Kotak Mahindra Bank’s Silk program aims to support the financial needs of the women of today.

The various features that it provides its customers are as follows:

  • Earn up to 6% p.a. on your savings deposit with Kotak Silk.
  • Kotak Silk provides with a higher debit card withdrawal limit.
  • It also offers a 35% discount (Subject to maintenance of Average Monthly Balance in the Silk Account) for the first year on lockers (Subject to availability)
  • Silk customers also get cash back on their Kotak Silk Debit Card Spends
  • With Kotak Silk debit card, customers can avail exclusive offers, privileges and many more benefits.
  • It also provides for updates on all your accounts in a single account statement.
  • Kotak also offers services like cash pick-up, cash delivery/ draft delivery etc at home to its Silk customers.

Advantage Woman Savings Account

ICICI’s woman savings account is a platform for women to not only invest in their future but to also invest in themselves.

Key features of Advantage Woman Savings Account are as follows:

  • Earn up to 4% p.a. on your savings deposit with Advantage Woman Savings Account.
  • The savings account also comes with a debit card that aims at offering special rewards and exclusive offers for its customers.
  • Advantage Woman Savings Account extends the facility of unlimited withdrawals of cash across every ATM in India.
  • The special Money Multiplier Facility from the ICICI Bank offers a higher rate of interest than the normal savings account offering better liquidity.
  • Advantage Woman Savings Account by ICICI Bank also offers additional benefits like the ease of opening a zero-balance account with a recurring deposit of a certain amount.
  • The Savings account also offers preferential rates on Home Loans to its customers.
  • The account offers a 50% discount on first-year locker rentals.
  • ICICI also gives its women customers a cashback of Rs. 750 per month on the usage of the debit card.
  • Advantage Woman Savings Account extends offers on skill developing courses like IT certifications, personality development etc. and also on financial tools that aid women to look after them and their family better.

Axis Women’s Savings Account

This product is crafted for the independent Indian women who knows what they want!

The various features that Axis Womens Account offer are as follows:

  • Earn up to 4% p.a. on your savings deposit with Axis Women’s Savings Account.
  • Axis Women Savings Account offers 1st five transactions as free at the respective Axis Bank ATMs
  • Higher withdrawal limit of around 40,000 INR and limit on shopping of 10,000 INR daily.
  • Offers Monthly Spends Tracker for management of expenses
  • Offers various discounts on spends.

IDBI Super Shakti Account

Super Shakti is an account offered to celebrate the strength of the women.

Key features of Super Shakti Account are as follows:

  • Earn up to 4% on your savings account.
  • Two zero balance accounts for their children below the age of eighteen years.
  • 25%* discount on locker services for its customers.
  • Free statement by e-mail.
  • 50% discount on Demat AMC
  • Free transactions at other bank’s ATM
  • IDBI offers its women customers free transfers of funds.

It’s important to understand and evaluate what various banks have to offer to you and then make an informed decision. With Online Account Open, we will help you make that decision rapidly!

 

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