A Savings account is the first contact for most Indians with the banking system. You can deposit your savings, access them as you need them, and also earn handsome interest on the balance.

1. GIFT VOUCHERS, CASHBACK, AND DISCOUNTS
Because of their convenience, debit cards are very popular. Debit Cards are popular for their convenience. You can also earn rewards with your Debit Card transactions. You can earn cashback monthly on Debit Card transactions with many women Savings Accounts.

Additional benefits include gift vouchers and discounts when you book cabs online, shop online, and many other things.

2. UNLIMITED ATM TRANSACTIONS
Most banks charge a transaction fee to use non-bank ATMs and bank ATMs. This is in addition to the monthly limit of 5 transactions. These fees are not applicable to many women-specific bank account types.

You can withdraw money from ATMs regularly and not worry about transaction fees with this feature for women accounts.

3. LOAN BENEFITS
Many bank accounts offer loan benefits to help women reach their goals. The Advantage Savings Account for Women at ICICI Bank offers special rates and discounts on loan processing fees.

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These benefits are available for many types of loans, including Auto Loan, Home Loan, and Personal Loan.

4. INVESTMENT BENEFITS
Banks want women to not only save more but also invest. Accounts like the Advantage Woman Savings Account at ICICI Bank provide additional benefits for women who decide to invest through the account.

These benefits are available to women who choose investment options like Mutual Fund SIPs and PPF. Some banks waive the fees for opening a trading account or maintaining the Demat Account.

5. PRIORITY PROCESSING
Many Indian bank accounts offer priority processing benefits for women. This facility allows you to complete offline transactions faster by visiting any branch of a bank. Some banks have Privilege Banking areas at their branches that are only available to female customers with such accounts.

These accounts have a higher Monthly Average Balance (MAB), and some also include a dedicated Relationship Manager.

Women Savings Accounts for the Best of Banking Benefits

There are so many amazing features, discounts, and offers that women should choose these accounts for their specific needs. Many banks also allow you to apply online for these accounts.

This facility is available to help you get a bank account for women.