Product Details
Bank Name
CSB Bank
Account Name
CSB Women Power Savings Account
Account Type
Saving
Interest Rate
Up to and including Rs 1 Lakh-2.10%,Up to and including Rs 25 Lakh-2.75%
Free Debit Card
RuPay Platinum Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Minimum Average Monthly Balance to be maintained is Rs. 10,000
Debit Card Charges
Free for the first year.
NEFT Charges
Free through net banking.
IMPS Charges
Free through net banking.
Fees and Charges
CSB Women Power Savings Account
Special Features
Up to 25% discount on a locker rental.
Complimentary airport lounge access (once per quarter).
Waiver of annual maintenance charges on Demat A/c for the 1st year.
ATM cash withdrawal limit of Rs 75,000 per day.
Eligibility Criteria
Only women can open this account.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
The debit card provides several benefits such as comprehensive insurance cover of Rs 2 lakhs, unlimited free ATM transactions at any CSB bank ATM, Rs 200 off on Nyka on a minimum spend of Rs 1100 (once per quarter), 20% instant discount up to Rs 100 on recharge/bill payments (minimum order value of Rs 129, once per month) on Amazon Pay, 20% instant discount upto Rs 100 with minimum order value of Rs 129 (Once a month, on Fridays only) on Swiggy.
Complimentary airport lounge access (once per quarter).
Free RuPay Platinum debit card.
Free NEFT/RTGS transfers (online).
Cons
Low interest rates.
No concession for processing charges.
Application Procedure
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Product Review
Account Opening and Procedure
How to open an Account?
The CSB Women Power Savings Account is designed to empower women by offering a range of benefits and privileges. Here's how you can open one:
Eligibility Criteria:
Gender: You must be a female.
Age: You must be at least 18 years old.
Required Documents:
Proof of Identity: Aadhaar Card, PAN Card, Passport, Driving License
Proof of Address: Voter ID, Ration Card, Utility bills (electricity, water, gas)
Recent Passport-sized Photographs: 2-3 copies
Steps to Open the Account:
Visit a CSB Bank Branch: Locate your nearest branch.
Request Account Opening Form: Obtain the specific form for the Women Power Savings Account.
Fill the Form: Provide accurate and complete information.
Submit Documents and Initial Deposit: Submit the filled form, required documents, and the initial deposit.
Account Activation: The bank will review your application and activate your account.