Bandhan Bank has launched a savings account targeting high net-worth individuals (HNIs) with several benefits attached to it. ‘Elite Plus’ account will allow the customers to deposit unlimited cash each month with free RTGS, NEFT and IMPS transactions. The account will carry enhanced debit card insurance coverage and personal accident cover up to Rs 15 lakh.
Bandhan Bank is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.