What is minimum Balance for IDBI savings account?

What is minimum Balance for IDBI savings account?

You need to maintain an Monthly Average Balance (MAB) of Rs. 5000 in the Super Savings Account for Metro & Urban Branches, Rs. 2500/- for semi urban Branches and Rs. 500/- for Rural Branches.

Which bank is giving 7% interest in savings account?

Equitas Small Finance Banks offers interest rates between 3.50% and 7% on various amounts. The interest rates with the Equitas Small Finance Bank are provided below, effective as of November 9, 2022. Jana Small Finance Bank offers interest rates between 4.50% to 7% on various amounts.22-Nov-2022

Which bank has the highest interest rate for savings?

Here are the best online savings account interest rates

Is IDBI a zero balance account?

The Simple And Completely elementary in its approach and Zero Balance account for inclusive banking.

Which bank is best for savings account?

Best Zero Balance Savings Account 2022

What are the 4 types of savings accounts?

There are different types of savings accounts to choose from, and they're not all alike. The options include traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts and specialty savings accounts.22-Sept-2022

Which bank gives big interest?

Table of the Top 10 Banks in India

Which bank gives monthly interest?

Some of the Best Interest Rates on FDs

What is a good savings rate?

If you're getting started in your 20s, save 10-15 percent of your pre-tax income. If you're getting started in your 30s, save 15-20 percent of your pre-tax income. If you're starting to save in your early 40s, save 25-35 percent of your pre-tax income—a pretty meaningful chunk of your income.

Whats a good savings interest rate?

The best savings account interest rates are around 2.00%.

How much interest will I earn per month?

To calculate a monthly interest rate, divide the annual rate by 12 to reflect the 12 months in the year. You'll need to convert from percentage to decimal format to complete these steps.03-Jun-2022

How good is IDBI Bank?

IDBI Bank is rated 3.8 out of 5, based on 2.1k reviews by employees on AmbitionBox. IDBI Bank is known for Job Security which is rated at the top and given a rating of 3.7.

Which bank account is without interest?

Federal Bank - Noor Personal Account | Interest Free Accounts in India.

Is IDBI Bank a government bank?

It has 3,683 ATMs, 1,892 branches, including one overseas branch in Dubai, 58 e-lounges and 1,407 centres as of 1 February 2020. As of September 2021, Life Insurance Corporation holds the 49.24% shareholding and the Central government holds 45.48%, with LIC being in control of the management of the bank.

Which bank is best for savings account 2022?

10 Best Banks for Savings Accounts in 2022

Which bank is safest for savings?

If you choose to use its online banking service, HDFC's website is 100 per cent safe. Its login page logs out on its own after a set amount of time to prevent misuse. Compared to other Indian banks, HDFC (0.5) has an extremely low net NPA ratio.10-Nov-2022

Which is No 1 bank in India?

1. HDFC Bank

How can I get high interest on my savings?

Here are seven ways you can earn interest on savings while minimizing your risk.

Which type of account is best?

Retirement Accounts These are the best types of bank accounts for saving for retirement because they allow you to invest your money in the stock market, which creates the potential for greater returns than you could get on deposits in other types of bank accounts.24-Oct-2021

What are 3 savings plans?

The 3 common savings account types are regular deposit, money market, and CDs. Each one works a little different regarding accessibility and amount of interest. Besides these accounts, there are other savings options too.16-Jan-2022

Where to invest money?

12 best investments right now

What is minimum Balance for IDBI savings account?