Which type of Savings Account is best in HDFC?

Regular Savings Account This account is perfect for your day-to-day banking needs.

What are the types of Savings Account in HDFC?

With HDFC Bank, you have several different types of Savings Accounts to choose from such as - Savings MAX Account, DigiSave Youth Account, Women's Savings Account, Senior Citizens Savings Account and Regular Savings Account.

What are 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

How many types of HDFC account are there?

Choose from a wide range HDFC Bank's Savings, Current, Salary & Rural Accounts. Our accounts allow you to access your bank anytime, anywhere through a wide network of branches and ATMs, and facilities like Netbanking, Phonebanking and Mobilebanking.

What are the 3 main savings accounts?

While there are several different types of savings accounts, the three most common are the deposit account, the money market account, and the certificate of deposit.08-Mar-2019

Which type of savings is best?

1. Emergency fund. An emergency fund is the first and most important type of savings account you should have. Emergency funds protect you from surprise expenses, job losses, or other disasters that you need money to handle.23-Apr-2021

What is HDFC regular Savings Account?

HDFC Regular Savings Account

What is the minimum balance in HDFC savings?

Minimum Balance Requirements

Can I have 2 Savings Account in HDFC?

At HDFC Bank, there is a Savings Account for all your needs. While there's no limit to how many Savings Account you can have, there are a few things to consider before signing up for more than one.

What are the 7 types of accounts?

List of Top 7 Types of Accounting

Financial Accounting. It even includes the analysis of these financial statements.
Project Accounting.
Managerial Accounting.
Government Accounting.
Forensic Accounting.
Tax Accounting.
Cost Accounting. Cost Accounting.

Which bank gives 6% interest in savings account?

Digital Federal Credit Union offers 6.17%, Blue Federal Credit Union offers 5.00%, Landmark Credit Union offers 7.50%, online bank Mango Money offers 6.00% and Consumers Credit Union and online bank T-Mobile Money, both offer 4.00%.17-Jun-2022

What are the 7 types of bank accounts?

Here is a list of some of the types of bank accounts in India.

Current account. A current account is a deposit account for traders, business owners, and entrepreneurs, who need to make and receive payments more often than others.
Savings account.
Salary account.
Fixed deposit account.
Recurring deposit account.
NRI accounts.

Which plan is best HDFC?

Types of HDFC Life Investment Plans

Which type of HDFC account is zero balance?

HDFC Bank Savings Account

What are the 3 types of accounts?

3 Different types of accounts in accounting are Real, Personal and Nominal Account. Real account is then classified in two subcategories – Intangible real account, Tangible real account. Also, three different sub-types of Personal account are Natural, Representative and Artificial.

Which bank has best savings account?

Best High-Yield Savings Account Rates

MySavingsDirect - 4.35% APY.
CFG Bank - 4.15% APY.
UFB Direct - 4.11% APY.
Popular Direct - 4.11% APY.
Salem Five Direct - 4.10% APY.
Customers Bank - 4.05% APY.
Ivy Bank - 4.05% APY.
Bask Bank - 4.03% APY.

How many types of savings are there?

The four main types of savings account to select from are: Regular savings accounts for operating a basic savings account. Salary savings accounts for salary transactions. Senior Citizen savings accounts for senior citizens.

How do I choose a savings account?

What to look for in a savings account

Interest rate and APY.
Initial deposit.
Minimum balance requirements.
Account fees.
Rate tiers.
Accessibility and ease of use.
Supplemental savings accounts.

Which saving gives highest return?

The following are the 10 best savings plans to invest in 2022.

National Savings Certificate.
Senior Citizen Savings Scheme.
Recurring Deposits.
Post Office Monthly Income Scheme (MIS)
Public Provident Fund (PPF)
KVP (Kisan Vikas Patra)
Sukanya Samriddhi Yojana (SSY)
Atal Pension Yojana.

Which savings gives high interest?

The only bank now paying the highest interest rate of 7.50% on savings bank deposits of more than ₹25 crore is Ujjivan Small Finance Bank. The Ujjivan Small Finance Bank's interest rates for Domestic and Non-Resident Accounts are listed below, effective as of November 1, 2022.19-Nov-2022

Which is better savings or FD?

a. While banks offer an average of 3-5% interest on savings account, they offer comparatively higher interest rates of 5-6% on FD. However, NBFCs offer even higher interest rates on FD than banks. Institutions like Bajaj Finance offer a maximum interest rate of up to 7.95% p.a. on FDs.

Which type of Savings Account is best in HDFC?