tmb.in Mahila Subha Savings Scheme for women : Tamilnad Mercantile Bank

Name of the Organisation : Tamilnad Mercantile Bank
Type of Facility: Mahila Subha Savings Scheme for women

Home Page :http://www.tmb.in/
Mahila Subha SB A/c : http://www.tmb.in/savings_mahila/our_exclusive_savings_account_for_women.html

Mahila Subha SB :

our exclusive savings account for women
Women Savings Deposit Scheme called TMB Mahila Subha Savings Scheme from 25.06.2014 with unique Health Insurance coverage of Rs. 30,000/- for her Family consisting of herself, husband and 2 dependent children with per illness limit of Rs. 15,000/- for lowest annual premium of Rs. 300/-.

Related : Tamilnad Mercantile Bank Navarathnamala Deposit Scheme : www.statusin.in/3771.html

The Health Coverage starts from the day one for all illness except Maternity Hospitalisation for which coverage starts after 9 months from the policy coverage starting date. This is major highlight of this Women Savings Product. As of now, no bank offers such attractive Health Care Policy for such a low premium.

Product Highlights :
** Health Care Cover Policy for the entire family.
** Free Personal Accident Insurance Cover.
** Free Visa Debit Card.
** Waiver of first year Annual Maintenance Charges for new Demat account opened.
** 40 cheque leaves free Per Year.
** Free – TMB eConnect, TMB M Banking Anywhere Banking Facility, SMS Alerts and E-mail Statements.
** Free Unlimited Cash Remittances at Parent and Satellite Branches.

Salient Features :
Target Group
** Women in the age group of 18 years to 65 Years Including salaried employee (Govt. / PSU / Private Sector / MNC etc.), Self Employed Professionals like Doctors, Entrepreneurs etc., Women with independent source of regular income like rentals etc.

Eligibility :
** Single or in joint names with her spouse and daughters. The principal account holder must belong to target group (Daughters must be aged above 10 Years).

Minimum Average Balance (MAB) :
** Metro Rs. 1,000.00, All Other Centre Rs. 500.00.

Visa ATM Debit Card :
** Free.

Demat Account :
** Waiver of first year Annual Maintenance Charges for new Demat account opened. [In case of Joint Accounts, First Account holder will be eligible].

Free Personal Accident Insurance Cover :
** Free Personal Accident Insurance Cover for Rs. 3,00,000.00. [In case of Joint Accounts, First Account holder only will be eligible].

Health Insurance – Special Feature :
** Purely cashless health insurance covering all hospitalization expenses.
** No Medical Tests are required.
** Family package benefit Sum Assured upto Rs. 30,000.00 (Per-illness Limit Rs. 15,000.00).
** A/c holder, her husband, their first two dependent children will be covered.
** Upto 1516 diseases are covered without any exclusion.
** The coverage starts from the day one except for Maternity Hospitalisation for which coverage starts after 9 months from the policy coverage starting date.
** Maternity benefit for upto two children. Annual Premium Rs. 300.00. The first premium amount will be collected on the date of account opening.

Cheque Book Charges :
** 40 cheque leaves free Per Year. Thereafter Rs. 2.00 per leaf.

Cash Remittance Limit Parent / Satellite Branch :
** Nil.

Cash Withdrawl – Satellite Branch :
** No Limit for Self Withdrawal by cheque only. Third Party Limit – Rs. 10,000.00

Health Insurance Cover :
** The Health Insurance Service is provided on referral basis under tie up arrangement with M/s. United India Insurance Company Ltd. Any delay in settlement / non-settlement of the claim by Insurance Company is strictly as per contract of the customers with the insurance company.

Disclaimer Clause :
** TMB reserves the right to change / alter / withdraw any of the terms and conditions of the scheme.

Account Closure Charges :
** Within 1 Year : Rs. 50.00 + ST. Rural Areas for individuals / pensioners / senior citizens – Rs. 25.00 + ST. Above 1 Year – Nil.