savings account
Quick steps to open a savings account online
With the advent of digital technology, routine tasks such as opening a new savings account have become very quick and easy
All you need to know regarding India Post Payments Bank savings account
At Rs 50, the minimum average balance (MAB) needed to be kept in an India Post savings account is very small.
SBI reduces charges on non-maintenance of minimum balance
For semi-urban and rural centres, the charges have been reduced from Rs 40 per month.
SBI reduces fine on a/c balance
Earlier, the bank had reduced the monthly average balance (MAB) requirement to Rs 3,000 from Rs 5,000 in metro cities.
SBI hints at revising downwards minimum balance amount, penalty
Currently bank has a monthly average balance of Rs 3,000 for metro and urban accounts.
Three-step plan to take charge of your money
A study from a couple of years ago stated that over 70 per cent adults are stressed over their financial condition.
HDFC Bank cuts savings account interest rate by 0.5 per cent
Customers maintaining savings account balance of Rs 50 lakh and above will continue to earn interest at 4 pc per annum.
Yes Bank slashes interest rate on savings account by 1 per cent
The bank has also slashed interest rate on savings accounts to 6.25 per cent from existing 6.5 per cent for deposits over Rs 1 crore.
Banks, post offices exempt from cash withdrawal limit
The move to ban cash transactions above Rs 2 lakh was aimed at curbing black money, according to govt.
No limit on withdrawing money from savings account
The demonetisation of high value currency notes was announced on November 8, 2016.