Karur Vysya Bank launches new Savings Bank Account

Karur Vysya Bank today has launched a new Savings Bank Product called KVB Freedom SB Account.The product offers multi-city features for its savings bank customers.

The product offers payable at par cheques facility at all branches upto Rs 15 lakh per month, free cash remittance facility upto Rs 75,000 per month into the account and cash withdrawal facility upto Rs 25,000 per day at any branch.Also, free collection of outstation instruments upto Rs 25,000 per month, free visa debit card with accidental death insurance cover of Rs 2 lakh, minimum monthly average balance of Rs 10,000 are features offered under the product, the release said.