Have you ever heard about such a savings account on which you get 7.5% interest like FD and there is no hassle of maintaining minimum balance in the account. Know here about this special account of RBL Bank.
Nowadays, most people have a savings account. Interest is also available on it from time to time. But this interest is around 2.5% to 4%. Apart from this, it is necessary to keep a certain amount in all accounts. If it is less than that, banks charge penalty.
But have you ever heard about such a savings account on which you get 7.5% interest like FD and there is no hassle of maintaining minimum balance in the account. You may be surprised to hear this, but in RBL Bank’s Go Account you get many such facilities, which are not available in a normal savings account. Know all its benefits.
Insurance cover up to Rs 1 crore
Go Account of RBL Bank is a Zero Balance Account, on which you get 7.5 percent interest along with the facility of free premium Go Debit Card, free credit report, easy cash withdrawal. Apart from this, 8 types of free insurance cover up to Rs 1 crore and free cyber insurance cover up to Rs 1 lakh for the first year of joining the Go account are also given with Go Debit Card.
Subscription charge will have to be paid to avail the benefits
This zero balance account of RBL Bank is a subscription bank account. To avail this benefit you have to pay an annual charge. The subscription fee in the first year is Rs 1999, whereas later you have to pay Rs 500 annually. Besides, you also have to pay GST. However, if you spend more than Rs 1 lakh in a year through the debit card that comes with this account, then this annual fee will be waived.
How will the account be opened?
To open this account of RBL Bank, you must have PAN card and Aadhar card. If you have these documents, you can open this account with the help of the app or online. Being a digital account, it can be accessed from mobile while sitting at home.
