Savings Scheme for Women (SB Pragati)

Overview

SB Pragati is a special savings account scheme launched for encouraging financial inclusion and empowerment of women. It offers additional benefits to women account holders to help them manage their finances effectively.

Features
  • Special scheme for women of age above 18 years.
  • Higher rate of interest
  • Free cheque book of 25 leaves per year.
  • Special ATM card for specified account.
  • Zero ATM annual charges
  • Zero SMS charges
  • Zero IMPS and NEFT charges through Mobile Banking
  • Concession of 50% on applicable charges on availing loans by women borrowers
Balance requirement

Monthly average Balance (MAB) of Rs 2000.00 only.

Required documents
  • Permanent Account Number(PAN)/ Aadhaar/ Passport / Driving Licence / Voter's Identity Card
  • If address proof and Identity proof are same, no additional identity proof is required
  • Recent Passport size photographs
Interest Rate
  • upto Rs. 5.00 lacs @ 2.60% per annum
  • Above Rs. 5.00 lacs @ 2.80% per annum

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