Women are craving for the financial independence like never before and are becoming equal contributors when it comes to running a family.
South Indian Bank has launched a Savings Bank account exclusively for women called , “SIB: MAHILA DELIGHT’. This packaged savings bank product is coined with ‘house-to-house’ travel insurance and Personal accident death insurance cover. This insurance cover is for a period of one year only from the date of opening of the account. Existing Mahila Plus account holders are automatically upgraded to “SIB MAHILA DELIGHT” account.
The Mahila Delight SB account should be opened in the name of a woman in the age group of 18 years and above.
Mahila Delight Account can be opened with a minimum balance of Rs.2,500(Semi Urban/Rural areas) and Rs.5,000/-(Metro & Urban areas).