ING Vysya offers Zero Balance Account

Bangalore, June 14 (UNI) Leading private sector bank ING Vysya today launched 'Freedom Savings Account', a zero balance account targetted at the Middle Income Group (MIG) customers across the country.

The customers in this segment might not be inclined to maintain any quarterly average balance and pay service charges for non-maintenance of average balance, the Bank said in a release here.

The account was a personal banking account which provided all the freedom to deal with the account at customers' convenience, coupled with zero balance from day one, the bank said.

The key features of the Freedom Account included international debit card, free unlimited ATM transactions in all ING Vysya Bank ATMs and four free ATM transactions per month at over 20,000 other Bank ATMs in the country.

Bank Managing Director and Chief Executive Officer Vaughan Richtor said ''with this initiative, the bank is further strengthening its presence across all income groups in the country.

This is in line with the bank's strategy of liability driven growth.'' UNI VK GD 1535