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Bank of Maharashtra (BoM) has introduced a savings bank deposit scheme, Purple Privileges, exclusively for high networth individuals (HNIs).
Under the scheme, which requires maintenance of a quarterly average balance (QAB) of Rs 3 lakh in the savings bank account, a customer will get benefits including assistance of dedicated relationship manager, specially designed Purple lounges, free unlimited debit card transactions at ATMs of BoM as well as any other bank.
Further, a HNI customer can also avail of higher transaction limit on his or her ATM-cum-debit card (per day), get free NEFT/RTGS through Internet banking, and a 50 per cent concession in processing fees of retail loans, besides 200 free cheque leaves a year.
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