Indian bank launches savings account product for women

Business

Indian Bank has introduced a women-focused savings account called IND – Mahila Shakti – 555 Days.

This product is another sign of the bank’s appreciation for exclusive women’s banking products. It is aimed at people in the age group 18 and older, the public sector lender said in a statement.

The program allows you to make a minimum deposit of ₹1,000 for 555 days. It will receive an annual interest rate of 5.15% for female clients and 6.65% for former employees and seniors. The product is valid until March 31st.

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