Bank News – If you want more interest on savings account and want to open an account easily, then this news is for you. In fact, recently the private sector RBL Bank has announced the launch of its latest digital banking product Go Savings Account… Read the news completely to know the complete information related to this update.
If you want more interest on savings account and want to open an account easily, then there is good news for you. Actually, private sector RBL Bank has announced the launch of its latest digital banking product Go Savings Account. This account is easy to open and can be operated easily.
Go Savings Account is a zero balance account. This product caters to the needs of customers of all age groups. Go Savings Account is a subscription-based model.
Features of Go Savings Account-
It offers several customer-friendly benefits including high interest rates up to 7.5 per cent per annum, a premium debit card and Rs 1,500 worth of vouchers from premier brands.
This account also offers comprehensive cyber insurance cover up to Rs 1 crore, accident and travel insurance and free CIBIL report.
This account also offers a range of premium banking services. In this, the subscription fee for the first year is Rs 1999 (plus tax). Apart from this, there is an annual renewal fee of Rs 599 (plus tax) on this account.
Recently a fine of Rs 64 lakh was imposed on RBL Bank –
Let us tell you that recently the Reserve Bank of India (RBI) had imposed a fine of Rs 64 lakh on RBL Bank. RBL Bank could not collect declaration in Form B from its shareholders for the three financial years ending March 31, 2018, March 31, 2019 and March 31, 2020. It failed to provide a certificate to RBI regarding continuation of the ‘fit and proper’ status of one of its major shareholders by the end of September of these 3 financial years. RBI had said that the penalty has been imposed on Bajaj Finance for non-compliance with RBI instructions and delay in reporting certain frauds to RBI.
