Global Bank Limited’s new scheme

Global Bank Ltd (GBL) has launched a new product - Global Nari Bachat Khata’ ahead of Hindu women festival Teej. The product is especially designed for women and account can be opened for Rs 100. The accountholder will avail an ATM card free of cost, states a bank press release here. The deposit in the account is subject to four per cent interest per annum on a minimum monthly balance. The bank will provide medical insurance of up to Rs 10,000 and also accidental death insurance worth four times of the balance or to a maximum of Rs 500,000, whichever is lower. Additional benefits include, discount on lockers, processing fee of auto and housing loans