Mahila Mitra Plus : An exclusive feature-rich scheme for women

Mahila Mitra Plus

Question : Which Bank has recently(December 2021) launched an exclusive feature-rich scheme named ‘Mahila Mitra Plus’ for women ?
a. Federal Bank
b. Karnataka Bank
c. Catholic Syrian Bank
d. SBI
Ans. a.
Related facts —

  • Federal bank has recenlty (December 2021) launched an exclusive feature-rich scheme named ‘Mahila Mitra Plus’ for women.
  • It provides a curated set of features, designed to make financial planning and investments easy for women.
  • The features that include in it is exclusive preferential interest rates on housing loans, processing fee waiver for home loans, complimentary and customised insurance cover.
  • Women are also encouraged to open savings accounts in the names of their minor children through the provision of two zero balance savings accounts.

Link:
https://www.federalbank.co.in/mahilamitra-plus
https://www.thehindubusinessline.com/money-and-banking/federal-bank-launches-an-exclusive-feature-rich-scheme-for-women/article37801669.ece