Product Details
Bank Name
ESAF Small Finance Banks
Account Name
ESAF Royale Savings Account
Account Type
Saving
Interest Rate
Upto 5 Lakh: 4.5%. Between 5 and 15 Lakh: 5.5%. Above 15 Lakhs: 6.5%.
Free Debit Card
No
Account Opening Fees
0
Debit Card Charges
Rupay Platinum. Joining Fee - INR 0. Annual fee - INR 100
Annual Maintenance Fees
0
NEFT Charges
Free
Minimum Account Balance
10,000
IMPS Charges
INR 5 Per Transaction
Fees and Charges of
ESAF Royale Savings Account
ESAF Royale Savings Account
Special Features
Eligibility Criteria
All Indian residents can open this account..
Benefits
Features, Eligibility and Benefits of
ESAF Royale Savings Account
Pros & Cons of
Pros
Free NEFT/RTGS transactions.
The account offers a decent interest rate.
The account offers 8 free transactions at other bank ATMs per month.
The account deposits interest on a monthly basis.
The account offers Visa Platinum debit card.
Free airport lounge visits through debti card.
Cons
The bank has a limited physical presence.
ESAF Royale Savings Account
ESAF Royale Savings Account Review
The account offers decent interest rate. The account also offers decent value add benefits such 8 free transactions at other banks ATMs, free airport lounge visits at other bank ATMs.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai