Fostering the bond that exists with its customers, and to better serve their financial needs, Summit Bank has come up with ‘Hamara Family Savings Account’ – a unique savings account offering superior returns and a host of free services.
As a trendsetter, Summit Bank brings a solution to assure parents of their commitment to their children. With more values, more expertise and more solutions, Summit Bank innovates a savings account that serves the entire family. Get your entire family to bank with Summit Bank, and enjoy vast privileges and unique benefits that go hand in hand with Summit Innovations.
Here’s how it works
- Grouped accounts for the family
- Initial Investment Requirement-Rs.5,000/-
- Minimum Balance Requirement-Rs.5,000/-
- Attractive rates
- Additional semi-annually bonus *
- Up to five free debit cards
- Minors can make purchases and withdraw cash at ATMs via the Debit Card
Here’s what you get
- SMS alerts
- Mobile Balance Recharge
- Debit Cards
- Internet Banking
- ATM Cash Withdrawal Protection Insurance
- Personal Accidental coverage
- Utility Bill Payment through SMS/ATMs/Internet and/or Contact Centre ATM
- Intra-Bank Fund Transfer
- Lockers
Eligibility
The customer ID of the primary account holder will be the family ID. The Primary account holder CANNOT be a minor. Minimum 2 and maximum 5 members can be grouped under a single Family Savings Account
*(conditions apply)