Opening a Savings Account is a prerequisite for a finer banking experience. You can park your money here and earn reasonable returns. A Savings Account allows you to manage and carry out daily transactions easily. The following FAQs will guide you further on them.

How to choose a suitable Savings Account?

It is a common financial product that most banks offer. The key features remain the same, but the services and benefits differ. Explore the market and…

Savings Account is a standard Bank Account everyone holds. With a Savings Account, you can deposit your money securely and earn fair interest returns. The account allows you to make seamless payments and transactions online. However, some rules cater to Savings Account operations. The Income Tax department sets these rules.

Hence, you should abide by them to stay off the IT department's radar. Following are rules and regulations applicable to a…