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This zero-balance savings bank account provides up to 7.5% interest, free CIBIL Score and more
October 19, 2023
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.”
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