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Savings account News

08 Nov 2024

How Much Cash Can You Deposit In Savings A/C In A Day? What Is Yearly Limit?

Cash Deposit Limit In Savings Account: What is the per day, and yearly limit? Details explained.

PM Jan dhan yojana

07 Aug 2024

Does Minimum Account Balance Rules Apply To PM Jan Dhan, Saving A/c?

Minimum account balance rule does not apply to PM Jan Dhan accounts and basic savings accounts. It applies only to those bank accounts where customers are required to maintain a certain minimum balance in their accounts, Finance Minister has said.

21 Apr 2024

ICICI Bank Revises Service Charges For Savings Accounts: Check New Rates Here

The revised rates will come into effect from May 1, 2024.

02 Jan 2024

DCB Bank Launches Happy Savings Account; Get Upto Rs 7,500 Cashback Rewards

Account holders will need to maintain an average quarterly balance of Rs 25,000 in their DCB Happy Savings Account.

11 Dec 2023

Bank Of India Launches Nari Shakti Savings Account; Check Features And Benefit

The Nari Shakti Savings Account can be opened at all 5132 domestic branches and also through digital platforms.

17 Oct 2023

Debit Card Services Of This Bank To Be Discontinued From October 31 IF...

Public Sector Lender Bank of India has an important message for the customers using its debit card. The bank has said that from 31st October, customers' debit card will be discontinued if they fail to link their mobile number. Bank of India has tweeted, "As per regulatory guidelines valid mobile number is mandatory for availing Debit Card Services. you are requested to kindly update/register your mobile number before 31.10.2023 by visiting your branch for discontinuation of Debit Card Services".

09 Oct 2023

Bank Of India Launches Upgraded Savings Accounts --Check Offers

Bank Of India has said that these features are offered to our existing as well as new customers which are on-boarded to the Bank from any platforms.

Punjab National Bank

07 Feb 2022

Bad news for PNB customers! Bank reduces interest rates on Savings account

PNB Savings rate reduced. New rates effective from Feb 3. Check latest rates here.

04 Feb 2022

Good news for HDFC Bank a/c holders! Interest rates on Savings account revised

Good news for HDFC Bank savings a/c holders! Interest rates on Savings account revised. Latest rates w.e.f February 2.

savings account

25 Sep 2021

THESE 5 banks offer 7% interest rate on savings accounts

According to statistics provided by BankBazaar, small finance institutions are offering greater interest rates in the face of dropping interest rates. To attract new retail customers, small finance banks are giving greater interest rates on savings accounts.

Post Office savings account

20 Sep 2021

Post Office Savings Account: Check eligibility, tax exemption and more

In order to open a savings account at the nearest post office, one would require valid KYC documents along with an initial deposit of Rs 500. The interest on the post office savings account is calculated on the minimum balance between the 10th of every month and the last day of the month. If the balance comes down to zero, the post office savings account will get automatically closed.

01 May 2021

Alert! THIS bank has slashed interest rates

IDFC First Bank has slashed its interest rates on savings accounts from 6% to 4-5%. The new rates will be effective from 1 May. Bank customers with balances up to Rs 2 crore will get a 5% interest rate.

28 Apr 2021

THIS bank's new rules will hurt customer's pocket from May 1

Axis Bank currently charges Rs 5 per Rs 1,000 per withdrawal after the free four transitions. Axis Bank customers will now have to pay more as SMS charges. HDFC Bank and ICICI Bank haven’t revised their withdrawal charges yet.

savings account

21 Apr 2021

Is Savings Account a Good Option For Emergency Funds?

Financial planners suggest that one must allocate six months’ worth of expenses towards creating an emergency fund. However, this can vary according to the different financial situations of different people. Nonetheless, it is crucial for everyone to maintain an emergency fund to tide over critical times.

Indus Max Active

26 Nov 2020

Introducing Indus Max Active – A Savings Account Loaded with Benefits

Holding savings account necessity for most of us. Indus Max Active is a savings account. It rewards you with numerous benefits.

Equitas Small Finance Bank

17 Nov 2020

7% interest rate, PF waiver, discounted gold loan --Benefit of This saving a/c

Equitas Small Finance Bank women savings account called Eva. Eva, also offers free health check-up. It offers unlimited tele-consultation with women doctors.

Flexi bank accounts

27 Feb 2018

Earn big through flexi bank account: Here is how

A flexi bank account gives you higher interest rate benefit of a fixed deposit and liquidity of a saving account or in other words, it operates as the best-of-both-worlds for customers.

savings account

29 Jan 2018

Your interest on savings account is taxable

Savings account is the most traditional form of investment in banking and other form of financial system, as it provides guaranteed return and security.

Financial future

16 Jan 2018

Know how much you can afford to invest before taking the leap

If you are a beginner, you can go a recurring deposit scheme available in banks for investment.

savings account

28 Dec 2017

Know the pros and cons of having multiple savings accounts

We need to understand the pros and cons of having many savings accounts.

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