Introduction

Overview

PaySprint collaborates with RBL Bank to introduce the "GO Account" under its Saving Account opening product line. This account caters to customers seeking a seamless banking experience with attractive features and benefits. With zero balance requirements and a range of complimentary services, the GO Account aims to redefine traditional banking practices.

Goals

The primary goal of the GO Account is to provide customers with convenient and accessible banking solutions while offering a suite of benefits to enhance their financial journey. Key objectives include:
● Zero Balance Account: Eliminate the need for maintaining a minimum balance, ensuring financial flexibility for customers.
● Complimentary Features: Offer a range of complimentary services including premium debit card, CIBIL report, cyber insurance, accidental & travel insurance, joining vouchers, and international cash withdrawals to maximize customer value.
● Instant Online Account Opening: Facilitate seamless account opening through online channels, enabling customers to access banking services without hassle.
● Competitive Interest Rates: Provide attractive interest rates on deposits and savings, empowering customers to grow their wealth efficiently.
● Cash Withdrawal Limit: Customer can withdraw ₹ 1,00,000/- a day with Go Debit Card, which comes along with Go Account. The limit is subject to the customer completing full KYC.

Product Features:

ParticularsGo AccountSavings Accounts
Zero Balance Account
Free Premium Debit Card
Free CIBIL Report
Free Cyber Insurance
Free Accident and Travel Insurance
Free Joining Vouchers
Free International Cash Withdrawals
Free Banking Features
Instant Online Account Opening
Free Virtual Debit Card
  1. Free Joining Vouchers - Gift Vouchers worth ₹ 1,500/-.
  2. Joining fee for Account ₹ 1,999 + GST. The renewal fee for GO Account will be ₹ 599 + GST p.a. (Waived off on spends of ₹ 1 Lakh or above using GO Debit Card in the previous year).

Benefits of Go Account

ParticularsBenefits of Go Account
Easy, simple, and seamlessOpen GO account online in minutes, 100% paperless
0 balance accountAvoid the hassles of regularly tracking your balances by getting a 0-balance account
Joining BenefitsEnjoy ₹1,500 worth of GO Debit Card joining benefits
Industry-leading interest ratesEarn up to 7.5%* interest p.a. on the balance maintained in your GO Account
Annual Renewal FeeRequired only upon spending ₹1 Lakh annually using the GO Debit Card
Cyber Security ProtectionCoverage of up to ₹1 Lakh for Cyber Insurance
Cash Withdrawal LimitCustomers can withdraw ₹ 1,00,000/- a day with Go Debit Card, which comes along with Go Account. The limit is subject to the customer completing full KYC
Free Credit ScoreObtain one complimentary CIBIL Score + Report annually
Free Accident and Travel InsuranceGet various types of free insurance cover up to Rs. 1 Crore along with your GO Debit Card
Cheque Book IssuanceAvail 50 cheque leaves per year at ₹2 per leaf
Outstation Clearing ChargesThe estimated cost for 12 clearings per year at ₹50 per clearing
Demand Draft IssuanceCost estimated for 10 DDs per year, up to ₹10,000 at ₹50 per DD, and 2 DDs per year of ₹1L at ₹5 per 1,000 per DD
International Cash Withdrawal at Other Bank’s ATMsEstimated charges for 10 transactions per year at ₹125 per transaction
IMT Cardless Cash Withdrawal at RBL/Non-RBL ATMsEstimated charges for 10 transactions per year at ₹20 per transaction
International Balance Enquiry at Other Bank’s ATMsEstimated charges for 10 transactions per year at ₹25 per transaction
IMPS Transaction Fee WaiverWaiver for 10 IMPS transactions up to ₹1 Lakh, charged at ₹5 per transaction
Account Closure FeeApplicable if closed within 6 months
Balance Statement (Except on 31st March)Estimated cost for 12 statements per year at ₹25 per transaction
TDS Certificate (Duplicate Only)Estimated cost for 12 certificates per year at ₹25 per transaction

Specifications

Eligibility to open RBL Bank Go Account

You can open an RBL Bank Go Account as long as:

  1. You are an Indian citizen.
  2. You have a valid PAN and Aadhaar number.
  3. You have a valid mobile number linked to your Aadhaar.
  4. You are 18 years of age or above.
  5. Your Desktop/Laptop or Mobile Device with which you are opening an account has a camera for the Video KYC process.
  6. You are applying from India.

Go Account Process Flow:

Home or Landing Page - Go

Input Mobile number > Accept DNCR

Aadhaar Verification & Pan Screen:

Input PAN number > Welcome screen:

Personal Details:

Nominee Details:

Guardian’s Details

Review Details > Video KYC:

Video KYC

Joining Fees > Account Creation:

Track Go Account:

Message Screens: