Suryoday Small Finance Bank on Monday launched a new savings account for women. Sunrise Blossom Women’s Savings Account is built on a strong proposition of providing complete, simplified and rewarding banking experience to women.
Under this new account, women can earn an interest rate of 7% per annum along with a specially designed monthly interest credit. rupees Platinum Debit Card that offers discounts on shopping and online purchases and much more.
R Baskar Babu, MD & CEO, K Suryoday Small Finance Bank said, “We are committed to provide the best customer experience and solutions to our customers. We believe the Blossom Woman Savings Account will help women confidently save, invest and move towards achieving their financial goals.”
In addition, the new Mahila Savings Account can be operated through the bank’s 571 banking outlets and digital banking platform.
Some of the key benefits of Blossom Mahila Savings Account are:
An exclusive and free RuPay Platinum Debit Card that rewards women customers with discounts and cashback.
– Monthly interest payment on the account
– 1 supplementary account for child (Saving Aditya Account)
– Concession in processing fee on two wheeler loans (*select cities only)
Door-step banking subject to availability
Insurance as per the type of debit card.
– Average Monthly Balance (AMB) 10,000
– Add-on Voucher: Free Couple Movie Ticket or; Spa/Salon (On opening a new account, only one voucher per account).
Blossom Women’s Savings Account is designed to provide women a secure platform to save and grow their money with the best interest rates and a wide range of exclusive benefits and privileges.
Sunrise highlighted in a statement that in 2021, around 79% of women between the ages of 15-49 had a savings account, compared to 53% in 2016 – an increase of almost 50% in five years. Since its launch in 2014, PMJDY (Pradhan Mantri Jan Dhan Yojana) has provided a significant impetus in facilitating this growth.
Suryoday Small Finance Bank has been helping the vast unbanked and underbanked areas of India to access financial solutions for over a decade. SFB offers a wide range of banking products and services to customers through multiple delivery channels.
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