This ICICI Bank savings account offers income tax-linked benefits, free bank ATM transactions, other benefits

This ICICI Bank savings account offers income tax-linked benefits, free bank ATM transactions, other benefits
The ICICI Bank Account allows waiver on trading account joining fee and annual maintenance charges for gold, magnum and titanium variant.
By ZeeBiz WebTeam
Updated: Wed, Dec 12, 2018
12:47 pm
ZeeBiz WebDesk
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ICICI Bank has today launched a bank account which not only allows unlimited free transactions at any bank's ATM, but has various other added benefits including on income tax. The only catch is that the bank account is only for working women. ICICI Bank has named the account ‘Advantage Woman Aura Savings Account’. The account offers a slew of benefits across categories like banking, lifestyle, convenience, investment and tax planning, child education and protection.

"The comprehensive bouquet of benefits includes a cashback of Rs 750 per month on the usage of debit cards across key segments, 50% discount on locker rentals and processing fees on home, auto and personal loans," said the bank in a statement.

 The account comes bundled with an air and personal accident insurance of up to Rs 40 lakh and Rs 10 lakh, respectively.

"This account is for working women including self-employed women who are educators, professionals or into home business among others," said the bank.

The ICICI Bank Advantage Woman Aura Savings Account comes in five variants- regular, silver, gold, magnum and titanium that offers various privileges and benefits to the account holder.

Below are the benefits being offered to the account holders:

Banking benefits:
* Free unlimited transactions on ICICI Bank as well as Non–ICICI Bank ATMs for all variants.
*  Up to 50% discount on processing fee for home, auto, personal and two-wheeler loans.
* 50% discount on locker rentals

Investment & tax planning:
* An investment planning tool, ‘Money coach’ that helps in managing investments.
* Discount on a tax portal for CA assisted plans for tax filing
* Waiver on trading account joining fee and annual maintenance charges for gold, magnum and titanium variant.

Lifestyle:
* Cashback of Rs 750 per month on dining, entertainment and jewellery.
* Free airport lounge access for magnum and titanium account holders.