Savings Accounts, Interest Rate, Investment, Bank Deposite kitna milega Paisa:
To meet your day to day needs, everyone deposits some money in their savings account. The bank pays a very low rate of interest in exchange for the money deposited in the savings account of its customers. It is only 3 to 4 percent. But, do you know that interest can be found on the money kept in a savings account like Fixed Deposit? Nowadays many banks are also providing such facilities.
Customers can avail interest more than the fixed rate of interest on the money deposited in their savings account. Just for this, you have to use Sweep in facility of banks. Stote Bank of India (SBI), Punjab National Bank, Punjab National Bank, Bank of India, ICICI Bank (ICICI), HDFC Bank (HDFC Bank), Axis Bank in India and many more It is giving facility.
Interest rate on saving account:
In which bank of the country, let’s consider how much rate of interest is being received on your savings. First of all, let’s talk about SBI, the country’s largest government bank. The State Bank of India pays an annual interest rate of 2.7% on the savings account. Apart from this, private ICICI bank pays 3% interest on deposits of less than Rs. 50 lakhs of its customers and 3.5% per annum on deposits of more than this. At the same time, HDFC Bank also has a similar interest rate.
Surprise Amount in Swipe in facility gets converted into FD:
But if you keep your money under the Sweep in facility, then your money gets converted into Fixed Deposit (FD, FD) after a certain amount of money. The rate of interest on converged FD is the same as FD.
How to open savings accounts:
Generally every citizen of the country has his own personal savings account. But if no one has a savings account, then it can be made both offline and online. For this, you must have a ID ID. After opening the account you get a debit card, checkbook pass book. You can also issue a credit card.
The biggest feature of a savings account is that your money is liquid in it, that is, your money is in liquid form. You can remove it whenever you want. You can withdraw money from the bank and you can withdraw money from the ATM as well.
