Popular savings bank accounts in India have the following interest rate as of now.

These seem trivial but knowing these would give you an upper hand while handling the issues. What do you need to do when the account become inactive? How would you close a bank account? The charges and fees, and the do’s and don’ts of using a savings bank account.

If not all, try to know a few important contract details. We never have time to go through its details but it’s better if we do. These rules can be obtained from the bank as well as on the savings bank account opening form itself. Knowing the savings bank account rules and regulations is one of the most important parts when we open a bank account. Popular banks in India are offering these facilities catering to different categories of salaried people. These accounts can be seen in banks as Salary Package Accounts. Like for example, a savings bank account for salaried people. When we explore beyond a regular savings bank account, we see bank accounts that are meant for certain groups of people only. People of all categories can open this account with minimal paperwork. To understand its basic features we will briefly consider users’ needs.Ī regular savings bank account is the most common form of savings account available in banks. There are different types of Savings Bank accounts. This enables you to keep money safely in the bank and in return bank gives you interest on your funds. Savings Bank Account: Definition, Interest Rates and BenefitsĪ savings bank deposit account is an account that lets you deposit and withdraw cash in the bank. Things To Consider When Opening An Account.How to Open a Bank Account: Step-by-Step Guide.Savings Bank Account with Internet Banking.Key Features and Benefits of a Savings Bank Account.Savings Bank Account: Definition, Interest Rates and Benefits.

Hdfc basic savings bank deposit account