Suvidha
- Citibank's round the clock savings account
Improvements
in technology have made it possible for all of us to dream of a
life full of special conveniences and products. Citibank's
upcoming project, Citibank Suvidha, is a service which
will change the way we live. Citibank Suvidha has been designed
to set you free from the limitations of an ordinary savings bank
account. It provides you with a range of unmatched conveniences
that keeps your money in your control, at all times.
Now you need not worry about bank hours, banking holidays, queues
or tokens. With Citibank Suvidha the bank will be at your
doorstep, at home or at your office or on the road, day and night.
It is India's only worldwide 24-hour savings bank account .
Citibank
Suvidha started with a grand vision in 1997, to develop a low-cost
banking model for their customers worldwide. After having tasted
success in Bangalore, the organisation is looking for distribution
channels throughout India. Their late arrival in Mumbai allowed
their rivals like HDFC Bank and ICICI Bank to steal part of the
market.
Requirements for and features of Citibank Suvidha
:
By the end of the month your account should have a balance of Rs.
1000 . This is the minimum balance required to maintain a Suvidha
account.
Money Multiplier - Any savings over Rs. 50,000 will be automatically
swept to a fixed deposit of 179 days and the account holder will
receive the prevailing interest rates for that period.
ATM - Citibank International ATM Card is valid for use both
in India and abroad . Citibank has ATM machines in over 100 countries.
You can withdraw upto Rs. 50,000 per day .
Shopping Convenience - With Citibank Suvidha, a debit
card, which is accepted at over 4000 locations in Bangalore, Delhi
and Mumbai, can be used like cash.
Other services include :
24-Hour Citi Phone - The bank will be just a phone call
away , 24 hours a day, 365 days a year .
PC and Internet Banking - Carry out all your banking
transactions on a computer at home or in the office.
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