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ICICI Bank, on Wednesday, launched a savings account that is focussed especially on working women.
“This account is for working women, including self-employed women, who are educators, professionals or into home business, among others,” ICICI Bank said in a statement, adding that it provides discounts and benefits across six segments – banking, lifestyle, convenience, investment and tax planning, child education and protection.
“This is specially designed keeping in mind the requirements of today’s working women,” said Pranav Mishra, Head – Retail Liabilities Group, ICICI Bank.
Termed Advantage Woman Aura Savings Account, it offers benefits that include a cashback of ₹750 per month on usage of debit cards across key segments, 50 per cent discount on locker rentals and processing fees on home, auto and personal loans.
It also offers unlimited free transactions on ICICI Bank as well as non-ICICI Bank ATMs in India, thereby providing exceptional flexibility.
Additionally, the bank is also offering insurance benefits with the account, including air and personal accident insurance of up to ₹40 lakh and ₹10 lakh, respectively, and the option of taking a cancer protect insurance plan at the time of account opening.
The account comes in five variants – regular, silver, gold, magnum and titanium as well as ‘magnum’ as a variant for the first time in its suite of savings account offerings.
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