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June 23rd, 2017, 02:30 PM
Super Moderator
 
Join Date: Mar 2012
Re: South Indian Bank Womens Account

The South Indian Bank offers Mahila Plus Account for Women. I am giving complete information about this Account:

Mahila Plus Savings Bank can be opened with a minimum balance of Rs. 5,000/- and an R.D. for a minimum monthly instalment of Rs. 1,000/- for a minimum period of twelve months.

Eligibility To Open Account:
Woman aged 18 years & above.
Joint account is permitted, where woman as above should be the first applicant.
Daily minimum balance Rs.25000/=

RD Account linked to Mahila SB

Account can be opened in the name of any individual.
Minimum monthly instalment of Rs.1000/= at least for a period 12 Months. Any amount above Rs.1000/= & in multiples of Rs.100/= for a period up to 10 years allowed

General to Mahila SB & RD A/cs
Available for residents as well as non-residents.
Nomination facility is available.
No Tax Deduction at Source on interest earned

FREE Insurance Cover:

Up to Rs.50,000 for Theft & up to Rs. 10, 000/- for Misfortune (Coverage will be available
after 15 days from account opening date)
Rs. 1,00,000/=

South Indian Bank Mahila Plus Account Information




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