Product Details
Bank Name
Suryoday Small Finance Bank
Account Name
Blossom Women Savings Account
Account Type
Saving
Interest Rate
Up to and including Rs. 1 Lakh: 3.00%
Above Rs. 1 Lakh up to & including Rs. 5 Lakh: 5.00%
Above Rs. 5 Lakh up to & including Rs. 10 Lakh: 7.25%
Above Rs. 10 Lakh up to & including Rs 2 Crore: 7.50%
Free Debit Card
No.
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Account Opening Fees
0
Annual Maintenance Fees
Nil.
Minimum Account Balance
10,000
Debit Card Charges
RuPay Classic EMV Chip Debit Card is chargeable at Rs. 199.
NEFT Charges
Unlimited free via Net Banking/Mobile Banking.
IMPS Charges
20 IMPS transactions free via Net Banking/Mobile Banking. IMPS Payment (Outward) Upto ₹ 100,000 per transaction: Rs 5. Above ₹ 100,000 to ₹ 500,000 per transaction: Rs. 10.
Fees and Charges
Blossom Women Savings Account
Special Features
Special account for women.
Eligibility Criteria
Indian resident.
Only women can open this account.
Minimum age should be 18.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free NEFT online transactions.
High interest rate.
Cons
No free debit card.
Suryoday Small Finance Bank Blossom Women Savings Account
The account offers a high interest rate. The account offers limited value add features. The account is suitable for Individuals who operate the account mostly digitally.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Visit a Suryoday Bank Branch: Go to your nearest branch and inform the bank representative about your interest in opening a Blossom Women Savings Account.
Submit Application: Fill out the necessary application form and submit it to the bank.
Provide Required Documents: You'll need to provide the following documents:Proof of Identity: PAN Card, Aadhaar Card, Voter ID, Passport, or Driving License
Proof of Address: Passport, Aadhaar Card, Voter ID, Driving License, or Utility Bill
Photographs: Two recent passport-sized photographs
Initial Deposit: You may be required to make an initial deposit to open the account. The minimum deposit amount may vary, so inquire at the branch.