Bandhan Bank Share Price in Focus Amid Launch of ‘Elite Plus’ Savings Account for HNIs

Bandhan Bank has introduced a new savings account offering, ‘Elite Plus’, specifically designed for high net-worth individuals (HNIs). The account provides a set of features aimed at customers seeking added flexibility and benefits in their banking experience.

Key Features of Elite Plus Account

According to a statement by the bank, the Elite Plus account allows customers to make unlimited cash deposits each month. Additionally, account holders will not be charged for RTGS, NEFT, and IMPS transactions, which are commonly used for high-value fund transfers.

The account also includes enhanced debit card insurance coverage and a personal accident insurance benefit of up to ₹15 lakh. These features are intended to add an extra layer of financial security for customers.

Share Price Performance

Bandhan Bank share price were trading at ₹146.70 at 10:40 AM on the NSE, showing a decline of 2.20% from the previous close. The stock opened at ₹153.50 and reached an intraday low of ₹145.70. The volume-weighted average price (VWAP) stood at ₹148.85.

Conclusion

The launch of the Elite Plus account reflects Bandhan Bank’s continued efforts to broaden its product range for different customer segments. With added transaction benefits and insurance coverage, the account aims to cater to the financial needs of HNIs while offering standard banking convenience.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.