Karnataka Bank has launched KBL WISE Senior Citizens Savings Bank Account, a unique banking product designed to cater to the Banking, Healthcare & Wellness needs of its esteemed senior citizens. The Product has been aptly named KBL WISE i.e.: Wellness Investments & Savings for Elderly. The savings product is available in two exclusive variants - KBL Wise Signature, a regular variant and KBL Wise Advantage, a premium variant.
This innovative product offers an array of bundled features like 'Free Top-up Health insurance upto Rs 10 lakh, Free MediBuddy Healthcare Benefits, Free HospiCash Facility, Discount on Locker Rentals, Doorstep Banking facility, a Lifetime Free Ru pay Platinum Debit card, and other features. The Bank has partnered with Care Health Insurance, a leading Health Insurance player and MediBuddy, one of India's largest Digital Healthcare platform to bring together the proposition on the Health and Wellness front.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.