A seminar was recently conducted by Saraswat Bank in our – Prime Consultancy to raise awareness about its wide range of financial products and services. The focus of the seminar was to educate attendees on the benefits of opening bank accounts and the various loan and investment schemes offered by the bank.

Key Highlights from the Seminar:
1.⁠ ⁠Savings Accounts:
o Saraswat Bank offers standard and elite savings account options.
o Minimum balance requirement:
o Regular Savings Account: ₹2,000
o Elite Savings Account: ₹5,000
o Account holders enjoy access to net banking, mobile banking, and ATM/debit card facilities.

2.⁠ ⁠Loan Schemes:
o Home Loans: Interest rates range from 7.5% to 8.5%, depending on the loan amount and repayment terms.
o Personal Loans: Offered with competitive rates and flexible repayment options.
o Education Loans: Financial support for students pursuing education in India and abroad, covering tuition and related expenses.
o Gold Loans: Quick disbursal with minimal documentation, based on the value of gold ornaments.

3.⁠ ⁠Investment Options:
o Shares and Mutual Funds: The bank also offers opportunities to invest in mutual funds and bank shares.
o Customers opening a savings account or availing loans may also gain eligibility to receive shares of the bank, enhancing long-term value and engagement.

4.⁠ ⁠Additional Benefits:
o Participation in the bank’s financial products may offer added benefits such as dividends on shares and access to exclusive customer services.
o Guidance on managing Public Provident Fund (PPF) accounts was also provided.