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NT Bureau
Chennai, May 23:

        With banking institutions vying with each other to woo customers with slew of benefits, Bank of Rajasthan (BoR) toeing the line has come out with a new savings product the 'Rajbank Saving Bank Privilege Account'.

        The new account, an unique product is targeted at relatively high net-worth individuals. And the new privilege account introduced by Bank of Rajasthan comes with host of benefits that are tailor-made keeping in mind services availed by high net-worth clients.

        To open this account, the customer simply has to walk into any branch and his requests will be taken care of by the executives of the bank. Existing Savings Bank/ Super Saving customers can convert their existing accounts into a privilege account on request subject to fulfilling the prescribed criteria.

        An interesting feature of the product is that it offers—demat account, ABB facility, cheque book, credit card, ATM cum debit card, internet banking facility, sweep in/sweep out facility, DD/Pay order upto Rs 25000 in a month through transfer mode—all for free.

        And the new Savings Deposit product is now available at the bank's any of the branch across the country. The account will have minimum monthly average balance of Rs 25, 000. The product will be available to resident Indians and NRO accounts only.

        In recent years, Bank of Rajasthan has emerged as a technology driven bank with a pan-India presence and is progressing towards strengthening its national
presence.

        Moreover, Bank of Rajasthan offers various products and services such as Life and Non-Life Insurance products, demat accounts, mutual funds, payment gateways, debit cards, credit cards, no frill accounts, kisan credit card and many more.

        It is may be noted that Bank of Rajasthan was established way back in 1943 and it is one of the fastest growing private banks in the country, which has made strides by making profits constantly during the last some years. With a wide network of 449 offices in the entire length and breadth of the country, Bank of Rajasthan has emerged as one of the largest private sector banks in the country.

        The bank has made tremendous and historical progress during the last some years, thanks to the unparalleled corporate governance and vision shown by the new management. The bank has over two-million customer base and offers ATM facilities at over 10,500 ATMs across the country with strategic tie-up with other banks.

        The bank's 382 branches, spread over 209 cities, are offering online services. The bank has registered 106 per cent increase in net profits in the Q3 results.