Public sector lender Corporation Bank has introduced a new savings scheme only targetted for the women segment. The scheme has been coined as ‘Corp Mahila Power'.
The scheme was launched by CMD of the bank, Mr Ramnath Pradeep.
The scheme has been designed keeping in mind the working class of women or those who have an independent source of income.
Customers are required to maintain a quarterly average account balance of Rs 2500.
The customer gets a passbook, debit card, any branch banking facility internet as well as mobile banking facility.
Also, a personal accident cover is offered to the customer worth Rs 1 lakh.