Savings Accounts

Timelines
#FinancialBytes: All you need to know about virtual credit cards

23 Nov 2019

#FinancialBytes: All you need to know about virtual credit cards

Credit cards have become a popular cashless payment method because of the convenience they offer, especially for online transactions.

#FinancialBytes: All you need to know about virtual credit cards

09 Jun 2019

#FinancialBytes: All you need to know about virtual credit cards

Credit cards have become a popular cashless payment method because of the convenience they offer, especially for online transactions.

#FinancialBytes: About SBI's interest rate-repo rate linkage and its impact

04 May 2019

#FinancialBytes: About SBI's interest rate-repo rate linkage and its impact

State Bank of India (SBI) is the largest public sector bank in the country with more than 42 crore customers.

#FinancialBytes: Fixed Deposit (FD) rates of top public, private banks

29 Apr 2019

#FinancialBytes: Fixed Deposit (FD) rates of top public, private banks

When it comes to investment options, Fixed Deposits (FD) are among the top choices in India as they guarantee fixed returns to investors.

#FinancialBytes: Here's what changes for SBI customers from 1 May

28 Apr 2019

#FinancialBytes: Here's what changes for SBI customers from 1 May

The state-owned State Bank of India (SBI) is the largest public sector bank in the country with more than 42 crore customers.

#FinancialBytes: All about minimum account balance rules of top banks

26 Apr 2019

#FinancialBytes: All about minimum account balance rules of top banks

Regular savings bank accounts are the most popular type of bank accounts. They are also one of the safest investment options as they allow accountholders to save their money, use it anytime, and also earn interest.

#FinancialBytes: Popular types of savings accounts offered by SBI

25 Apr 2019

#FinancialBytes: Popular types of savings accounts offered by SBI

State Bank of India (SBI) is the largest public sector bank in the country with more than 42 crore customers.

#FinancialBytes: Mistakes to avoid while filing income tax returns (ITRs)

07 Apr 2019

#FinancialBytes: Mistakes to avoid while filing income tax returns (ITRs)

Filing income tax returns (ITRs) on time every year is very important. However, the process of filing income tax returns can be daunting for many individuals.

#FinancialBytes: 5 apps to help homemakers manage finances better

04 Apr 2019

#FinancialBytes: 5 apps to help homemakers manage finances better

Financial management, planning, and budgeting are essential skills homemakers should have in order to run their household smoothly.

#FinancialBytes: 5 apps to help homemakers manage finances better

12 Mar 2019

#FinancialBytes: 5 apps to help homemakers manage finances better

Financial management, planning, and budgeting are essential skills homemakers should have in order to run their household smoothly.

#FinancialBytes: How to open a PPF account

25 Feb 2019

#FinancialBytes: How to open a PPF account

Public Provident Fund, popularly known as the PPF scheme, is a long-term savings scheme, launched by the National Savings Institute, Government of India, in 1968.

#FinancialBytes: 5 best credit cards for students in India

19 Dec 2018

#FinancialBytes: 5 best credit cards for students in India

Credit cards have become an essential part of our lives today because of the convenience they offer.

#FinancialBytes: 5 apps to help homemakers manage finances better

14 Dec 2018

#FinancialBytes: 5 apps to help homemakers manage finances better

Financial management, planning, and budgeting are essential skills homemakers should have in order to run their household smoothly.

#FinancialBytes: 5 best money management apps for couples

12 Dec 2018

#FinancialBytes: 5 best money management apps for couples

Money management and budgeting apps are becoming increasingly popular these days for keeping one's finances under control.

#FinancialBytes: Opening PPF account for minors? Here's all about it

06 Dec 2018

#FinancialBytes: Opening PPF account for minors? Here's all about it

The Public Provident Fund (PPF) is one of the most-preferred long-term tax-saving investment options for both salaried and non-salaried individuals.

#FinancialBytes: Investing in Fixed Deposits? Here's everything you should know

04 Dec 2018

#FinancialBytes: Investing in Fixed Deposits? Here's everything you should know

When it comes to investment options in India, Fixed Deposits (FD) are among the top choices as they guarantee fixed returns to investors.

Only 33% Indians save regularly for retirement, says HSBC report

09 Sep 2018

Only 33% Indians save regularly for retirement, says HSBC report

Only a third in India are regularly saving for retirement while just 33% of working-age respondents globally put anything aside for their later life, a report revealed.

#FinancialBytes: All about savings account with SBI, HDFC, ICICI, Axis

28 Jul 2018

#FinancialBytes: All about savings account with SBI, HDFC, ICICI, Axis

Gone are the days when opening a new bank account was a hassle - the advent of the internet has made the process easier.

PNB collects Rs. 151.66 crore as below minimum balance penalty

17 Jul 2018

PNB collects Rs. 151.66 crore as below minimum balance penalty

In FY 2017-18, a total penalty of Rs. 151.66cr has been recovered due to non-maintenance of minimum balance in nearly 1.23 crore savings fund accounts, PNB replied in response to RTI activist Chadra Shekhar Gaud's query.

#FinancialBytes: 6 free apps everyone should download to save money

10 May 2018

#FinancialBytes: 6 free apps everyone should download to save money

Saving money is not easy, it's a huge task and lot of people find it challenging. However, smartphones have changed pretty much everything we do, including saving money.

Investment-options for elderly: PMVVY limit doubled to Rs. 15L

03 May 2018

Investment-options for elderly: PMVVY limit doubled to Rs. 15L

In a significant step to provide the elderly a stable income, the government has doubled the investment limit under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) to Rs. 15L from the current Rs. 7.5L.

Modi-govt scheme: Invest Rs. 210 monthly, get Rs. 5,000 pension!

17 Apr 2018

Modi-govt scheme: Invest Rs. 210 monthly, get Rs. 5,000 pension!

Does investing Rs. 210 monthly now, to get Rs. 5,000 monthly after retirement, sound like a high-returns investment plan?

#BusinessBytes: 6 popular savings-bank accounts and facilities they provide

13 Apr 2018

#BusinessBytes: 6 popular savings-bank accounts and facilities they provide

Savings accounts, the basic investment option, allow customers to save their money safely, use it anytime, and also earn interest on it.

Which post office investment scheme should you choose? Details here

03 Mar 2018

Which post office investment scheme should you choose? Details here

The Indian Department of Posts offers a variety of investment schemes to people. Retired and senior citizens form a major section of the subscribers.

Govt proposes allowing premature closing of PPF accounts

14 Feb 2018

Govt proposes allowing premature closing of PPF accounts

In what could benefit lakhs, the government has proposed allowing premature closure of small savings schemes, including the public provident fund (PPF).

Interest on small savings schemes down by 0.2 percentage points

28 Dec 2017

Interest on small savings schemes down by 0.2 percentage points

The government has slashed interest rates on small savings schemes like National Savings Certificate (NSC), Sukanya Samriddhi Account (SSA), Kisan Vikas Patra (KVP) and Public Provident Fund (PPF) by 0.2 percentage points for January-March'18.

What is FRDI Bill? How does it protect your bank-deposits?

13 Dec 2017

What is FRDI Bill? How does it protect your bank-deposits?

Most of us have bank accounts, but the funds held in these savings accounts aren't really safe if the banks fail.

Jan Dhan helped people reduce drinking and smoking!

16 Oct 2017

Jan Dhan helped people reduce drinking and smoking!

The Pradhan Mantri Jan Dhan Yojana, combined with demonetization, is having surprising but positive consequences: it is apparently motivating villagers to cut down on drinking and smoking!

No more minimum balance hassles with this SBI account

02 Sep 2017

No more minimum balance hassles with this SBI account

Tired of having to maintain a minimum balance for your savings account? Worry not, SBI has a solution.

SBI cuts interest on 'below-Rs. 1cr' savings accounts to 3.5%

31 Jul 2017

SBI cuts interest on 'below-Rs. 1cr' savings accounts to 3.5%

The SBI has cut the interest rate on savings accounts from 4% to 3.5% on holdings of Rs. 1cr and below. For deposits above Rs. 1cr, the rate of 4% will continue.