Ever wondered why savings bank accounts are still so popular despite the rampant use of internet and mobile banking services? Well, the answer lies in the confidence people have in the facility’s safety.

Easy to manage, a safe return value and the facility of parking one’s funds safely, a savings bank account is a preferred financial instrument as it inculcates a habit of saving.

Evolution of a savings account

Minimum balance requirement

How to find out about minimum balance requirement

There are two ways in which one can find out about minimum balance requirement

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