Fixed deposit rates in post office for senior citizens

Are you piling up books that you have always wanted to read at leisure or setting up a terrace garden or yearning for quality time with grandchildren in the days when you wouldn’t have to fit in the 9 am to 5 pm slot? It’s evident then that you have already started planning your post-retirement …

What makes Instant savings account a Pro Rakhi gift?

Raksha Bandhan is just around the corners and for sure, siblings have already started prepping themselves for the festival to show love and affection towards each other. The festival holds special place in the hearts of all brothers and sisters. No matter if they fight the whole year over silly things, but when it comes …

Check out the features that online bank account opening with zero balance

A savings account and the habit of saving was never more important than today. The main purpose of having a savings account is to safely stash away the extra savings for difficult days such as cyclones and floods, earthquakes, fire breakouts and pandemics that come raging in without ringing warning bells. Apart from this these …

All one needs to know about Basic Savings Bank Deposit Account

The Basic Savings Bank Deposit Account (BSBDA) is an account that does not require the account holder to maintain a minimum balance and at the same time offers certain basic facilities free of charge. The BSBDA was introduced by the Reserve bank of India (RBI) in 2012 to replace the ‘no-frills account’ which is also …

Some fundamentals about basic saving bank deposit account you cannot afford to miss

If you have been wondering why the not-so-long-ago launched basic saving bank deposit account is scoring over the conventional regular saving account, then you are definitely on the right page. Just to tell you in brief, the Reserve Bank of India (RBI) introduced the BSBD account in 2012 with the aim to furthering financial inclusion …

Digital saving account – one-stop solution to banking services

A virtual bank or what we commonly call the digital saving account is a ‘saviour’ in modern times. We call it so, because it saves time and energy in more ways than one and of course, is environment healthy. Such accounts can be opened online using either the bank’s official website or by using mobile …

Why must savingaccount holders maintain relationship with banks?

Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the Lok Sabha recently. While the financial gurus are still contemplating whether it has lived up to their expectations they are sure that the budget has created a room for greater savings. According to them, the savers can preserve a greater portion of their income …

This is how successful people bank saving account interest rate wisely

Have you lately been jumping with joy looking at your bank statement? Then probably you have finally joined the gang of successful savers. Just for the sake of those who are struggling with their finances, here are a few tips on how successful and effective savers channelize their money and wisely choose a bank saving …

A saving account for rainy days

Emergencies crop up without warning and you must be prepared to meet them. Hence, it is always wise to be prepared with some liquid fund in your saving account. Emergencies are an unexpected blow and your savings for such eventualities prevent you from getting into debt. It is like insurance you make against life’s unexpected …

Enjoy the benefits of Instant savings account

If you are still stuck to the age-old brick-and-mortar banking systems consider having an instant savings account (ISA). The concept has been around for some time but found pace very recently. The trend of such accounts exists majorly among the millennial (those born in the 1980s and 1990s and are in their 40s as of …