Back to Career News

This zero-balance savings bank account provides up to 7.5% interest, free CIBIL Score and more

October 19, 2023

This zero-balance savings bank account provides up to 7.5% interest, free CIBIL Score and more
In a groundbreaking move, RBL Bank has unveiled the GO Savings Account, revolutionizing the banking experience for customers across all age groups. This zero-balance account, marked by its hassle-free account opening procedure, signifies a shift towards modern banking, embracing a unique subscription-based model.

The GO Savings Account offers a plethora of customer-friendly benefits, including an impressive 7.5% annual interest rate, a premium debit card, vouchers worth Rs.1,500 for top brands, comprehensive cyber insurance, accident and travel insurance up to Rs. 1 crore, free CIBIL reports, and a range of premium banking services. All these advantages are bundled into a single package, available for a first-year subscription fee of Rs. 1999 + taxes, and an annual renewal fee of Rs.599 + taxes thereafter.

Customers can open an account within minutes by providing their PAN and Aadhaar details, enjoying fee-free transactions as account holders. Deepak Gaddhyan, Head of Branch and Business Banking at RBL Bank, expressed the bank’s vision: “The launch of GO Savings Account bridges the gap between traditional and digital banking, offering a compelling value proposition. We aim to bring digital convenience to a larger customer segment, making banking simpler and more accessible for everyone.” 

Recommended for you ...

Nirmala Sitharaman Continues as Finance Minister in Modi's Third Term
Nirmala Sitharaman Continues as Finance Minister in Modi's Third Term

June 11, 2024

BFSI Industry Shares Expectations from New Government
BFSI Industry Shares Expectations from New Government

June 11, 2024

RBI Keeps Repo Rate Unchanged for Eighth Time in a Row
RBI Keeps Repo Rate Unchanged for Eighth Time in a Row

June 11, 2024

Chat on WhatsApp