In a bid to tap the digitally savvy millennial segment in metro and urban markets, Fincare Small Finance Bank (Fincare SFB) has announced the launch of 101, its Digital Savings Account in Chennai.
In addition to this, the bank also welcomes Grandmaster Viswanathan Anand, the reigning World Rapid Chess Champion, as its Brand Ambassador.
At the launch event, Anand unveiled 101, in the presence of Pramod Kabra, Chairman, Fincare Small Finance Bank and Rajeev Yadav, Managing Director and Chief Executive Officer, Fincare Small Finance Bank.
The product assists the customers in opening a savings account online in less than five minutes with the help of Aadhaar and Permanent Account Number (PAN).With this new offering, Fincare is enabling its customers in banking as per their convenience.
This offers customers the flexibility to pick from the range that starts from Zero balance account and the Priority Account with a minimum balance mandate of Rs. 25,000.
The Zero Balance Account offers convenient features such as bill payment, fund transfer and other banking services on mobile without any minimum balance requirements.
The Priority Account allows customers to enjoy unlimited free transactions and exciting offers from brands such as Zefo, Meru, MedPlus, Tata Croma, and BookMyShow among others. Customers can earn up to 7 per cent interest rate on their savings balance, and also open fixed deposits online and earn up to 9 per cent interest per annum, amongst the highest in the industry.
