RBL Bank Savings Accounts
With the facilities like customized savings account, Ratnakar Bank Limited is the country's one of the rapidly growing commercial banks. RBL possesses 183 branches and 351 ATMs all over the country. RBL Bank Savings Account provides with various deals and offers like insurance cover, interest rates and much more.
Balance account of more than Rs 10 Lakhs will be provided with an interest rate of 7.1% per annum.
Account balance greater than Rs 1 Lakhs will be provided with an interest rate of 6.1% per annum.
Amount in balance account up to 1 Lakhs will be provided with an interest rate of 5.1% per annum.
RBL Bank Savings Account types:
- RBL Seniors First Savings Account:
It provides a 20% off to the subscribers on cataract operation which also covers the lens costs, and 10%-15% off to the subscribers for dental care services.
Helps in choosing better hospitals for treatments.
The account holder doesn't have to pay the account opening charges of Rs 750 under this scheme.
It provides with Gains4Sure Fixed Deposit scheme where the subscribers can be enjoy interest rates and tax benefits.
The maximum interest rates worth 7.1% yearly can be earned by the subscriber on his/her deposit.
It promises to provide high security on all electronic transactions along with the benefits of free missed call and internet services.
- RBL Woman's First Savings Account:
Woman's First Debit Card comes with some exciting offers and provides gift vouchers worth Rs 2500 on activating the card.
It offers zero balance accounts for kids.
There is no limit set on cash withdrawal from ATMs all over India.
It benefits with low locker rents during the first year of the account.
The subscriber can avail discount on purchase from certain brands.
The subscriber can get discounts on healthcare expenses.
RBL Savings Account Minimum Balance Required:
- For Seniors First Savings Account:
Metro/Urban branches- Average Monthly Balance required is Rs 5000.
Semi-Urban branches- Average Monthly Balance required are Rs 5000.
Rural branches- Average Monthly Balance required are Rs 5000.
- For Prime Savings Account:
Rs 5000 - for branches in Metro/Urban areas.
Average Monthly Balance of Rs 2500 for branches in Semi-Urban areas.
Average Monthly Balance of Rs 1000 for branches in rural areas.
- For Prime Edge Savings Account, the minimum Average Balance of Rs 10,000
- For Advantage Savings Account, the minimum Average Balance of Rs 25,000
- Executive Salary Savings Account, Executive Plus Salary Savings Account and Basic Savings Account.
There is no Monthly Average Balance required for having an
- For Classic Savings Account:
Average Monthly Balance of Rs 2500 for branches in Metro/Urban areas.
Average Monthly Balance of Rs 1000 for branches in Semi-Urban areas.
Average Monthly Balance of Rs 500 for branches in rural areas.
The applicant must an Indian citizen and of age 18 years and above.
For Executive Plus Account, the applicant's monthly salary should be Rs 50,000.
Application form filled with correct details along with two passport size photos.
Applicant's valid ID proof and Address proof.
For HUF, the required documents include PAN card, form 60 and HUF letter signed by all the HUF members.
The employed personals must provide their salary slips and the authorization letter from the employer.