Top 6 Savings Accounts for Women in 2025

The first step for most individuals into the banking system is opening a savings account. It allows you to deposit and withdraw money, transfer funds, and perform other banking transactions. In addition to helping you manage your finances, a savings account also earns interest on your balance, helping your savings grow over time.

A savings account is essential for everyone. Today, not only men but also many women are opening their own savings accounts to manage everyday banking transactions. To encourage this, various banks and financial institutions now offer customized high-interest savings accounts for women, featuring a range of exclusive benefits and offers tailored to their needs.

Banks also offer debit cards with various discounts and offers, waivers on Demat account charges, and lower interest rates on loans for their female customers. The idea behind these initiatives is to promote financial empowerment among women, encouraging them to plan their finances and make investments to better handle unforeseen situations. Let’s take a look at the top six savings accounts for women and the benefits they offer to meet your needs.

Note: The above-mentioned savings account interest rates are updated as on 30th June 2025.

RBL Bank Woman’s First Savings Account

RBL Bank’s Woman’s First Savings Account lets women enjoy a host of great features including higher interest rate, exclusive Woman’s First Debit card with best offers on dining, health, lifestyle and more. Some of the other key features of RBL Bank’s Woman’s First Savings Account are:

• Minimum balance requirement – Rs. 10,000
• One zero balance kid’s account, subject to minimum standing instruction of Rs. 500 per month., for a minimum tenure of one year
• Enhanced cash deposit and withdrawal limits
• Free tax payment and bill payment facility via internet banking
• 10% discount on locker rental for the first year
• Exclusive Woman’s First Debit Card with vouchers worth Rs. 2,500 on activation, free cash withdrawals at all ATMs across India and offers and coupons on food, shopping, entertainment, etc.
• Complimentary insurance on debit card

Equitas Eva & Eva Elite Savings Account

Equitas Small Finance Bank offers two types of savings account for women- Eva Savings Account and Eva Elite Savings Account. These savings accounts come with an array of features including preferential interest rates on gold loans, exclusive offers on debit cards and more. Some key features of Eva Savings account and Eva Elite Savings account are:

*Total balances in Savings , Recurring deposit and Term deposit under the same customer ID is known as Relationship Value

Kotak Silk Women Savings Account

With Silk Women Savings Account, Kotak brings specially crafted benefits and features for women. Some of the primary features of Kotak Silk Women Savings Account are mentioned below:

• Earn cashback on transactions and get special offers and privileges with Kotak Silk Debit Card
• Get 35% discount on Locker Rentals for the first year
• Enjoy services like cash pick-up, cash delivery, cheque/draft delivery etc. at home
• For zero balance savings account for your child, make monthly Recurring Deposit or Mutual Fund SIP instalment value of Rs 2000 (Rs. 1000 or above for Semi-Urban & Rural Branches) for a tenure of 36 years or above (Maximum RD monthly instalment – Rs 25,000 for tenure up to 120 months / Rs. 1,00,000 for tenure up to 36 months
• Avail 50% discount on the issuance fee of Best Compliments Card
• High POS limit of Rs 2 lakh and ATM Withdrawal Limit of Rs. 40,000 (Domestic) and Rs. 50,000 (International
• Avail great offers across categories including restaurants, travel, shopping, electronics, health & wellness, entertainment, etc. as well as special EMI offers

Axis Women’s Savings Account

This Axis Bank Savings Account helps you to save your money easily and start with low opening deposit of Rs 10000. Below mentioned are some of the primary features of Axis Women’s Savings Account:

• Get one free payable-at-par chequebook per year
• Access to 17,000+ Axis Bank ATMs, 4,400 + Axis Bank branches
• Internet and mobile banking facility
• Rupay Platinum Debit Card at an issuance fee of Rs. 200 and annual fee of Rs. 200 in metro and urban locations
• High daily withdrawal limit of Rs. 40,000 at ATMs and Rs. 2,00,000 for shopping transactions
• First 5 transactions free at Axis Bank ATMs
• First 3/5 transactions free at Non-Axis Bank ATMs in a metro / non-metro location respectively
• No processing fees, prepayment fees and pre-closure fees on education loan
• Swipe your card at least once every 6 months to avail a personal accident insurance cover of up to Rs. 2 lakhs
• Earn Axis eDGE reward points for completing transactions

IDBI Super Shakti Women’s Account

IDBI has introduced a special savings account for women with which they are also offering a zero balance savings account for your child below 18 years of age free of cost. Some of the other primary features of IDBI Super Shakti Women’s Account are:

• Earn interest up to 3.00% on savings accounts balance up to Rs. 25 lakh, 3.25% p.a. on balance above Rs. 25 lakh to less than Rs. 50 lakh, and 3.50% on balance up to Rs. 25 lakh
• MAB – Rs. 5000 (Metro & Urban), Rs. 2500 (Semi Urban), Rs. 500 (Rural)
• The savings account comes with Auto Sweep out / sweep in facility above Rs. 15,000
• Get a specially designed Women’s International ATM cum Debit card with this account
• Higher ATM cash withdrawal Limits- Rs. 40,000/- per day
• Personalized PAP Cheque Book
• Up to 15% discount on Locker services
• 50% discount on Demat AMC
• 5 non-chargeable transactions at other Bank ATM and Free Statement by e-mail

HDFC Bank Women’s Savings Account

Minimum average monthly balance of Rs. 10,000 for metro & urban branches, Rs. 5000 for semi-urban & rural branches. This HDFC savings account comes loaded with some great features like an automatic sweep out facility. Some of the other main features of HDFC Bank Women’s Savings Account are:

• Accidental Death Cover of Rs. 10 lakhs and Accidental Hospitalization Cover of Rs. 1 lakhs
• A daily cash allowance of Rs. 1,000 per day for a maximum of 10 days per year, for each day of hospitalization due to an accident
• Get Annual Maintenance Charge (AMC) waiver on the first year for Demat Account
• Enjoy daily cash withdrawal limit of Rs. 25,000 and a daily shopping limit of Rs. 2.75 lakh
• Get up to 90% finance on the on-road price of a vehicle and 7-year tenure when you apply for an Auto Loan
• Get up to 3.5% lower interest rate on Two Wheeler Loan and up to 50% discount on processing fees
• Easy banking with facilities like Netbanking, Phone banking, and Mobile banking

Conclusion

With special features, benefits, offers and discounts offered by banks and financial institutions, every woman should make timely investments to save and grow their money in future. They should consider the interest rate offered, debit card charges, other key facilities/ benefits offered when opening a new savings account. They can also open a savings account online with minimum hassle, which serves their requirement and is suitable for them.

Please Note: The information provided on this page may not reflect the most recent updates. For the latest details, please visit the respective bank’s official website.