Savings Account

The bank now offers a maximum interest rate of 6.6% per annum on FDs with principal amount less than Rs 3 crore for general citizens

Saving accounts rate cut by banks may see marginal movement of funds to other financial instruments

In April monetary policy, the RBI cut repo rate by 25 basis points for the second time in a row. In response, banks have slashed their deposit as well as lending rates.

Cash deposit rules: How much is too much in your savings account?

Depositing over ₹10 lakh in cash annually in a savings account can trigger tax scrutiny if not supported by legitimate income proof.

Personal Finance: Redefining the role of a savings bank account

Persistent high inflation in our economy has made the bank deposits role as a savings enhancer, and individuals are forced to park less funds in this instrument 

How much cash should you keep in your savings bank account?

Too much idle cash in your savings bank account limits your wealth creation. Use auto-sweep feature to park in fixed deposits. Else liquid and overnight mutual fund schemes offer better returns and just as much liquidity.

New KYC rules, hike in savings account charges and more: 5 money rules coming up in May

ICICI Bank and YES Bank have revised fees on savings account services, effective May 1. YES Bank and IDFC First Bank have introduced a surcharge on utility transactions made using credit cards.

DCB Happy Savings Account offers cashback on UPI transactions: Should you open one?

The benefits go up only if you maintain a higher cash balance and spend more through UPI. The flip side is that the cashback facility can be taken away anytime

Bank of Baroda offers a new savings account for students: All you need to know

BOB BRO is a zero-balance savings account for students in the 16-25-year age bracket. This customised savings account will not only enable youngsters to learn to transact securely in the digital banking space but also help them build a relationship with the bank

Indian Overseas Bank unveils savings account portability facility

To initiate an account transfer, customers need to log into the bank’s website (www.iob.in) and access the 'Transfer of Savings Account' section.

Banks that offer up to 8% interest on savings accounts

Smaller private banks and small finance banks are offering higher interest rates compared to leading private banks

Geojit teams up with ESAF Small Finance Bank to offer 3-in-1 bundled account

Under this one of its kind 3-in-1 bundled account service, ESAF SFB savings account holders can open Geojit demat account and trading account for free, the brokerage firm said in a statement.

RBI rate hikes bring cheer to depositors. These savings accounts pay up to 7.5% interest

From Ujjivan to Bandhan Bank, small finance banks and new private banks have been offering higher interest rates on savings accounts compared to leading private and public sector banks to acquire new retail customers.

Six changes in the financial landscape this November

From an unscheduled RBI meet that may lead to an increase in home loan interest rates, to higher fees on card transactions, a lot is happening in November. Here is what you need to watch out for.

Got your first credit card? Now use it to build your credit score

Ensure timely payments of your monthly dues. This has a significant impact on your credit score, affecting your ability to obtain loans in the future. For those who have just got their first credit card, at the start of their earning careers, it can be a good tool to build a good credit score. But if you misuse it, there are repercussions

Select banks raise savings account interest the most after RBI hikes repo rate

Small and new private banks are offering higher interest rates on savings accounts compared to leading private and public sector banks to acquire new retail customers

How RBI's repo rate hike has pushed these private banks to offer up to 6.75% interest on savings accounts

Smaller and new private banks are offering higher interest rates compared to leading private banks

Five banks that offer up to 7% interest on savings accounts

Small finance banks offer higher interest rates on savings accounts compared HDFC Bank, ICICI Bank and Axis Bank

These small finance and payment banks offer up to 7% interest on savings accounts

Interest rates on savings accounts are much higher than those of public or large private banks

These private banks offer up to 6.5% interest on savings accounts

DCB Bank is offering higher interest rates on savings accounts compared to leading private banks such as HDFC Bank and ICICI Bank

These five private banks offer up to 6.5% interest on savings accounts

Smaller private banks offer higher interest rates on savings accounts

These small finance banks offer up to 7% interest on savings accounts

The rates are much higher compared to those offered by private and public sector banks

These five banks offer up to 7% interest on savings accounts

Small finance banks are offering higher interest rates on savings accounts compared to private and public sector banks

These banks offer up to 7% interest on savings accounts

Small finance banks are offering higher interest rates on savings accounts compared to private and public sector banks to acquire new retail customers