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HDFC Bank Unveils India's First 'Anmol Savings Account' for PSU Employees.

Banking & Finance | Dated: 27 Feb 2025

In February 2025, Mumbai (Maharashtra)-based HDFC Bank Limited, India’s leading private sector bank, launched India’s first Public Sector Undertaking (PSU) salary account with cyber fraud protection, the 'Anmol Savings Account.'

🎯 Key Highlights:

- As a part of the 'Speciale' suite of savings accounts, it caters to a variety of clients, including women, working professionals, and senior citizens. HDFC Bank provides cyber fraud cover up to Rs. 1.5 lakh to senior citizens, while the cyber fraud cover ranges from Rs. 25,000 to Rs. 50,000 for professionals.
- Similarly, the 'Speciale Gold Women' account gives a cancer cover of up to Rs. 5 lakh for women.

💡 Other Important Facts:

(i) The account offers Cyber Fraud Protection covering up to Rs. 25,000 for account holders. It also provides Family Benefits, allowing up to five family members to open zero-balance salary accounts.
(ii) Additionally, it includes Insurance Coverage, featuring a health insurance plan with OPD benefits, Rs. 15 lakh accident insurance, and top-up plans of up to Rs. 30 lakh.
(iii) The account extends Loan Benefits, offering additional home loans beyond company-set limits for Maharatna PSU employees. It also provides an Exclusive Debit Card, which comes with a free Platinum Debit Card and offers eight complimentary domestic airport lounge visits per year.

📚 Test Your Knowledge:

Which bank recently launched India's first 'Anmol Savings Account' for PSU employees?

Correct Answer: HDFC Bank

🚀 Quick Recap:

About HDFC Bank

Managing Director (MD) & Chief Executive Officer (CEO): Sashidhar Jagdishan
Headquarter : Mumbai