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
Annual Maintenance Fees
0
Minimum Account Balance
10,000
Debit Card Charges
Rupay Platinum. Joining Fee - INR 0. Annual fee - INR 100
NEFT Charges
Free
IMPS Charges
INR 5 Per Transaction
Fees and Charges
ESAF Royale Savings Account
Special Features
Eligibility Criteria
All Indian residents can open this account..
Benefits
Features, Eligibility and Benefits
Pros & Cons
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 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