MoneyWorks4Me

Bank of Maharashtra launches ‘Purple Privileges’ account for HNIs

11 Feb 2015 Evaluate

Bank of Maharashtra, a premier Nationalized Bank has introduced a Premium Savings Bank Deposit Scheme ‘Purple Privileges’ for High Net worth Individuals (HNIs) covering specialized services to the customers having quarterly average balance (QAB) of Rs 3 Lakh in their Savings Bank account. The slew of benefits offered to the account holder under the product includes assistance of dedicated relationship manager, specially designed Purple lounges,  higher transaction limit on ATM-cum-Debit card (per day) and free NEFT/RTGS through Internet Banking etc.

Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, Demat services, credit cards, etc. The bank also offers services to agricultural and SME sectors.

Peers
Company Name CMP
State Bank Of India 969.40
PNB 114.20
Bank Of Baroda 232.95
Canara Bank 122.40
Union Bank Of India 175.30
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