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Tag: Saving Bank Account

A Saving bank account is a deposit account opened with bank or any financial institution to save money and earn interest on cash deposit held in that account.

Banks pay interest on cash deposit held in the saving bank account. People or individuals generally open saving bank account to keep their hard earned money in safe hands. Some open their saving bank account for achieving specific goals like future funding of children education, purchasing home, emergency situations like hospitalization etc.

Most banks provide with an ATM cum debit card linked with you saving bank account. you can use you ATM card to withdraw money held in your account at any place, any time.

canara bank cut interest rate on saving deposits

Canara bank cut saving bank deposit interest rate by 50 basis...

Canara Bank, one of the largest public sector banks is next to cut interest rate on saving bank deposits. Like other banks, Canara Bank...
Mutual Funds tapping on retail savings with interest rate cut

MFs tapping retail savings on slashed saving bank deposit rates :...

Slashed interest rates on deposits held in saving bank accounts by many public sector banks are creating an opportunity for mutual funds houses to...
Banks Slashes Saving Bank Account Interest Rates Check new Interest Rates

Banks slashes Saving Bank Account Interest Rates; check new interest rates

Banks slashed saving bank account interest rates , brings 2-tier interest rate on saving account : A number of public and private banks in...