Can I withdraw money from my savings account at an ATM?
Posted on Saturday, March 11th, 2023 |
A savings account is a type of bank account that is designed to help individuals save money while earning interest on their deposits. It is an essential tool for managing personal finances and building wealth over time. One of the primary benefits of a savings account is the potential to earn interest on your deposits….
Read moreHow Opening a Separate Savings Account for Investments will Help Manage your Financial Planning
Posted on Wednesday, January 18th, 2023 |
A separate savings account helps you segregate savings from expenses. An easily accessible corpus of funds, it can help boost financial planning by enabling you to earn interest and invest with ease. While none can deny the joys of earning money, there is an equal – if not greater – pleasure in seeing that money…
Read moreBasic Savings Account (BSBD) – The pros and cons of Zero Balance Savings Account
Posted on Saturday, January 14th, 2023 |
If you’ve ever browsed online for a zero-balance savings account, you may have come across basic savings bank deposits, or the BSBD account. The basic savings account offers certain minimum facilities, free of charge, without any requirement of minimum balance. It was designed to provide most basic banking services to the impoverished section. Apart from…
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