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Bandhan Bank Introduces 'Elite Plus' Savings Account for High Net-worth Individuals (HNIs).

Banking & Finance | Dated: 10 Apr 2025

In April 2025, Bandhan Bank Limited, based in Kolkata (West Bengal), launched the 'Elite Plus' Savings Account, specifically designed for High Net-worth Individuals (HNIs). This premium account offers a range of exclusive benefits such as unlimited monthly cash deposits, complimentary digital transactions, and luxurious lifestyle perks.

🎯 Key Highlights:

  • - The product was unveiled by Partha Pratim Sengupta, Managing Director and Chief Executive Officer (MD & CEO) of Bandhan Bank, alongside former Indian cricket captain Sourav Ganguly.
  • - The 'Elite Plus' Savings Account provides an enhanced banking experience with unlimited free cash deposits each month, along with complimentary RTGS (Real Time Gross Settlement), NEFT (National Electronic Funds Transfer), and IMPS (Immediate Payment Service) transactions.

💡 Other Important Facts:

  • (i) The account also offers enhanced debit card insurance coverage, including up to Rs 15 lakh for personal accident cover and Rs 3 lakh for purchase protection.
  • (ii) Customers enjoy domestic lounge access, with 2 visits per quarter for the cardholder and 1 for a companion.
  • (iii) To qualify for the 'Elite Plus' Savings Account, customers must be Indian residents and meet any of the following balance criteria: a monthly average savings account balance of Rs 15,00,000, a term deposit relationship of Rs 75,00,000, or a Total Relationship Value (TRV) of Rs 15,00,000 or above.

📚 Test Your Knowledge:

Which bank recently launched the 'Elite Plus' Savings Account for High Net-worth Individuals (HNIs)?

Correct Answer: Bandhan Bank

🚀 Quick Recap: