State Bank of India has given bumper offer on festive season to those who intend to open Savings Bank account. The main offers are
1. Personal Accident Insurance of Rs.4 lakh for just Rs.100 per year.
2. No minimum Balance.
The second point is not important as most of banks are offering the same. But Rs.4 lakh insurance at a permium of Rs.100 per year is worth considering.
other features of Savings Accounts offered are;
1. Multi-city cheques
2. Net Banking and Mobile Banking
3. Free transfer of funds between accounts in SBI Branches
4. Auto-sweep facility
5. ATM cum Debit card
6. No Charges for pass book
7. Free withdrawal at over 27,000 State Bank Group ATMs
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