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Women’s Savings

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A Women’s Savings Account is a type of bank account designed specifically for women, offering benefits like higher interest rates, discounts on loans, cashback, and other perks. To open this account, the required documents are similar to those needed for a regular savings account, with some banks requiring additional information to avail of specific offers.

Here’s a list of commonly required documents for a Women’s Savings Account:

 

1. Account Opening Form

  • A completed and signed account opening form provided by the bank, specifying that the account is a women’s savings account.

 

2. Proof of Identity (Any one of the following)

  • PAN (Permanent Account Number) Card – mandatory for tax compliance and identification.

  • Aadhaar Card

  • Passport

  • Driving License

 

3. Proof of Address (Any one of the following)

  • Aadhaar Card

  • Passport

  • Voter ID card

  • Driving License

  • Utility bill (electricity, gas, or water) not older than three months

 

4. Proof of Income (optional)

  • For accounts that offer specific benefits, like higher cash withdrawal limits or credit offers, proof of income may be required. Examples include:

    • Salary slip

    • Form 16

    • Latest income tax return (ITR)

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