Open the women’s first savings account offered by RBL Bank to enjoy exclusive features and benefits
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RBL Bank is a leading private sector bank in India that caters to the various needs of its customers. It offers a wide range of financial products and services, one of which is the RBL Bank Woman’s First Savings Account.
This account is specially designed for women and offers exclusive benefits, such as high interest rates, preferential locker pricing, attractive lifestyle benefits, and more.
Here are the interest rates that the RBL Bank savings account for women offers:
Daily balance |
Rate of Interest |
Up to ₹1 lakh |
3.50 |
Above ₹1 lakh up to ₹10 lakh |
5.50 |
Above ₹10 lakh up to ₹25 lakh |
6.00 |
Above ₹25 lakh up to ₹2 Crore |
7.50 |
Above ₹2 Crore and up to ₹3 Crore |
7.50 |
Above ₹3 Crore and up to ₹7.5 Crore |
6.50 |
Above ₹7.5 Crore up to ₹25 Crore |
6.25 |
Above ₹25 Crore up to ₹50 Crore |
6.25 |
Above ₹50 Crore up to ₹75 Crore |
5.25 |
Above ₹75 Crore up to ₹100 Crore |
7.50 |
Above ₹100 Crore up to ₹125 Crore |
7.50 |
Above ₹125 Crore up to ₹200 Crore |
6.00 |
Above ₹200 Crore up to ₹400 Crore |
4.00 |
Above ₹400 Crore up to ₹500 Crore |
6.75 |
Above ₹500 Crore |
MIBOR + 100 bps |
*Note: These savings account interest rates are applicable on daily balances over ₹1 Lakh and are subject to change at the bank’s discretion. The rates mentioned above are effective from October 30, 2024.
Features and Benefits
Here are the features and benefits that you can enjoy with the digital savings account by RBL Bank:
High Interest Rates
With this RBL Bank savings account, you enjoy rates of up to 7.50% p.a. on the balance amount. This helps you keep your money secured while earning interest returns and securing growth.
Exclusive Debit Card
You could get a Woman’s First Debit Card by RBL Bank and enjoy exclusive deals and discounts. On activating this debit card, you can get various discounts and offers from top brands, worth up to ₹2,500 Read More. Read Less
Complimentary Insurance
You can get a complimentary cover of up to ₹10 Lakhs after activating your debit card for protection against unforeseen events. These include air accident insurance, lost card liability, personal accid Read Moreent insurance, cash-in-transit liability, etc. Read Less
Additional Benefits
With this savings account, you enjoy additional benefits and facilities, such as a 10% discount on first-year locker rentals. You can also open one zero-balance kid's savings account, subject to a stan Read Moreding instruction of at least ₹500. Read Less
Here’s a list of the fees and charges associated with the RBL Bank savings account for women:
Particulars |
Charges |
Average monthly balance |
₹10,000 |
Demand draft |
Amount up to ₹10,000 - ₹50
Above ₹10,000 - ₹5 per ₹1,000 (min. ₹75 - max ₹10,000) |
RTGS outward through branch
|
|
RTGS outward through digital channels
|
|
NEFT outward through branch
|
|
NEFT outward through digital channels
|
|
IMPS outward
|
|
Cash deposit
|
|
Cash withdrawal
|
|
Account closure charges (in case of closure within 6 months)
|
|
Note: The aforementioned fees and charges are effective from 7th April 2024 and are subject to change as per the rules and policies of the bank.
You need the following documents to open the savings account:
- Permanent Account Number (PAN)
- Aadhaar card
Also, keep a blank paper and pen nearby. With the RBL Bank Woman’s First Savings Account, you can easily manage your finances and benefit from numerous exclusive perks. You can also check other savings account options on Bajaj Markets and choose one that best fits your requirements.
Frequently Asked Questions
What are the eligibility criteria to open the RBL Bank Digital Women Savings Account?
Any woman above the age of 18 years is eligible to open the RBL Bank Woman’s First Savings Account.
What is the minimum account balance requirement for the RBL Bank Woman’s First Savings Account?
The minimum balance requirement for this account is ₹10,000.
What is the annual fee for the RBL Bank Woman’s First Savings Account debit card?
You need to pay an annual fee of ₹500 for this debit card.
Can I pay my utility bills through my RBL Digital Woman’s First Savings Account?
Yes, you can pay your utility bills, insurance premiums, subscriptions and more.
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