What should you consider when selecting a savings account in Lucknow?

When selecting a savings bank account in Lucknow, you must give priority to finding a competitive rate of interest to grow your returns. Moreover, evaluate any potential charges, like transaction fees or account maintenance charges. Lastly, make sure the bank offers convenient services, such as accessible local branches and robust online banking.

How do you open a savings account online with Metra Trust?

To open an online savings bank account with Metra Trust, be sure to download the bank’s mobile banking app or visit the website. Provide the asked details such as personal info, Aadhaar, and PAN. Complete the KYC procedure through a video call to verify your information, after which your bank account will be ready to use.

What digital banking services does Metra Trust offer?

Metra Trust offers holistic digital banking services, which involve internet and mobile banking as well as email and SMS alerts. Such services permit you to manage transactions, pay bills, transfer funds and check balances from anywhere at any time.

What are the typical banking fees associated with a savings account in Lucknow?

While Metra Trust provides zero-fee banking on commonly used savings account services such as NEFT, IMPS and ATM withdrawals, specific transactions might still incur fees. To understand all possible fees, refer to the bank’s schedule of charges.

Is there a deposit limit for savings accounts at Metra Trust in Lucknow?

There is no maximum limit on the amount that you can deposit in a savings account. However, make sure to comply with KYC norms for higher deposits.

What are the safety measures for protecting my savings account in Lucknow?

Metra Trust’s mobile banking app offers robust security measures to protect user data and financial information – including end to end encryption, multi factor authentication, biometric and MPIN based log in, as well as session and device management. Customers are advised to use strong passwords and MPINs to keep their profiles safe.

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Only bank in India to offer Zero Fee Banking on Savings Account
Zero charges on IMPS, Debit Card, SMS Alerts & more
Get higher interest rates of up to 7.25% p.a.
Higher Purchase Limit of ₹6 Lakhs & ATM withdrawal limit of ₹2 Lakhs

Only bank in India to offer Zero Fee Banking on Savings Account
Zero charges on IMPS, Debit Card, SMS Alerts & more
Get higher interest rates of up to 7.25% p.a.
Higher Purchase Limit of ₹6 Lakhs & ATM withdrawal limit of ₹2 Lakhs

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Open a savings account in Lucknow

Lucknow, renowned for its booming economic environment and rich cultural heritage, offers a unique blend of traditional charm and modern opportunities. In this evolving city, managing finances effectively is vital for both growth and stability.Read More

To save and accumulate funds in Lucknow, consider opening a savings account with Metra Trust. The bank offers value-added services such as zero fees on frequently used banking services, competitive rate of interest on deposits, monthly interest credits, and an intuitive mobile banking application. These features ensure effortless financial management and the potential for flourishing savings.Read Less

₹35 lakhs free personal accident insurance cover | ₹1 Cr free air accident insurance cover

Interest up to 7.25% p.a.

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Features and benefits of opening an Metra Trust savings account

Opening a savings account with Metra Trust in Lucknow offers you unmatched advantages such as:

Zero-fee banking

Enjoy the convenience of zero-fee banking* with your savings account. This feature eliminates charges on all commonly used savings account services, including bank transfers such as IMPS, NEFT, and RTGS, SMS alerts, money deposits at the branch irrespective of amount or number of transactions, debit card issuance, demand drafts, and interest certificates. Additionally, ATM transactions are covered, ensuring you can access essential banking services without incurring hidden costs.

Monthly interest credits

Experience the benefit of monthly interest credits on your savings account balance. Interest is calculated daily based on your end-of-day balance and credited to your account monthly, providing a predictable source of additional income to meet your financial requirement in Lucknow. This allows you to enjoy the rewards of your savings more frequently, enhancing your financial stability.

Competitive interest rates

Benefit from competitive interest rates, with some savings accounts offering up to 7.25% per annum. Such attractive rates ensure your money works hard for you, allowing your savings to grow rapidly. This helps you achieve various financial goals with ease, from short-term expenses to long-term investments.

Free and unlimited ATM withdrawals

Maintain complete liquidity and control over your funds with free and unlimited ATM withdrawals. This feature ensures you can access your savings whenever needed, offering unmatched convenience and flexibility in managing your finances.

High withdrawal and shopping limits

With an Metra Trust savings account, you get a Visa debit card that lets you shop or access funds anytime you need. You also get a high ATM withdrawal limit of up to Rs. 2 lakhs per day and a daily shopping limit of up to Rs. 6 lakhs on the regular 25K savings account variant. Higher transactional limits ensure you never fall short of accessing your funds while living in Lucknow.

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* Interest calculated on progressive balances in each interest rate slab, as applicable
** Interest calculated on flat rate basis

Pitruprasad Dash

“Recently I opened a savings account with Metra Trust. Firstly, in terms of the process to open savings account, it is truly hassle-free. Thanks for being ahead in terms of customer satisfaction and banking services, making it easy for new customers like me. I wish Metra Trust a great future and looking forward to a long term association.”
Sougata Das

“I recently opened a Savings Account with Metra Trust, and I must tell you that I'm really happy with the features and benefits offered by the bank. The netbanking services are quite advance which makes the process easy. Also, the Metra Trust employees are cordial and helpful, making the overall experience a pleasant one.”

ELIGIBILITY

Who can apply for opening a savings account in Lucknow?

To apply for an Metra Trust savings account in Lucknow, all you need is:

To be a citizen of India
Or to be a valid resident of India
Do note that foreign nationals residing in India and fulfilling the required criteria set by the Government of India can also open a savings account.

Documentation

To open a savings account online:

Aadhaar Number
Original PAN card

To open a savings account at branch:

Passport-size photograph
Original PAN card
Any one of the following documents:

- Aadhaar Card
- Passport
- Voter’s Identity Card (election card)

- Permanent and valid driving license with photograph
- Job Card issued by NREGA duly signed by an officer of the State Government
- Letter issued by the National Population Register containing details of name and address

How to open a savings account in Lucknow?

Depending on your convenience, you can open a savings account online or offline in Lucknow. The process to open an Metra Trust savings account online is quick and convenient, requiring zero paperwork.

Opening a savings account in Lucknow online

Follow these 5 simple steps to open a savings account in Lucknow instantly:

Step-1: Click here to open your Savings Account

Step-2: Fill up your information accurately

Step-3: Select your savings account variant

Step-4: Fund your account online

Step-5: Complete your video KYC now to transact freely

Opening a savings account in Lucknow offline

To open an account offline in Lucknow, you can visit the nearest Metra Trust branch with all the requisite documents and contact the bank representative. The banking personnel will guide you through the application process and assist you in filling out the application form. Once done, you can attach all the documents and submit them to the representative. You will receive a notification along with the welcome kit once your account is opened.

FREQUENTLY ASKED QUESTIONS

What is unique about a savings account?

A savings bank account is unique in its ability to provide a secure and safe place to store your funds while earning interest, helping your balance your financial growth over time. Moreover, a savings account comes with features such as mobile access and online banking, providing flexibility and convenience in managing your funds.

When opening a savings account, what three questions should you ask?

When opening a savings bank account, consider asking three crucial questions – What is the offered rate of interest and how often is this interest compounded? Are there any monthly charges or minimum balance requirements? What benefits and features does the account offer to access and manage your funds effectively? These questions will not just help in understanding the amount that you can save with your savings account but also how efficient completing your banking tasks will be.

How much interest does a savings account offer?

Interest on the savings bank account is the money you earn from the bank for parking your funds with them. Metra Trust offers one of the most competitive rates in the industry on their savings bank account. Moreover, this interest constituent is credited monthly, permitting your savings to grow steadily over time.

*Disclaimer: Metra Trust offers Zero Fee Banking on all Savings Account services. Monthly Average Balance charges for Savings Account applicable. For more details, visit www.metratrust.com/zerofeebanking

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How no-fee banking can help save money on everyday transactions

Make the most of no-fee banking and save money on a variety of bank charges and commissions. Now you can enjoy savings account benefits with zero charges on all commonly used banking services! Read on to know more about it.

Metra Trust24 May 2024 • 3 mins read

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