What is Abhaya Gold scheme?
Abhaya Gold SB Account This account offers insurance cover worth Rs. 1 lakh per person covering death or permanent/partial disability. The premium is fixed at Rs. 45 per person.
What is the interest rate in Andhra Bank saving account?
2.90% – 2.90%
Andhra Bank offers an interest rate ranging upto 2.90% on the minimum average balance maintained in the savings account….Andhra Bank Savings Account Rates.
| Saving Account | Interest Rate | Minimum Balance |
|---|---|---|
| AB Abhaya Plus | 2.90% – 2.90% | N.A |
| AB Easy Savings No frills account | 2.90% – 2.90% | Rs. 5 |
What is the minimum balance for Union Bank?
No minimum balance requirement as account can be opened with Zero balance. Cash Deposit Charges will be applicable for any cash deposit in the account. Receipts through Digital Channel – Free and Unlimited.
Which bank gives maximum interest on saving account?
Savings Bank Account Interest Rates of Banks
| Name of Bank | Rates of Interest (p.a.) |
|---|---|
| IndusInd Bank Savings Account | 4.00% p.a. to 5.00% p.a. |
| DCB Bank Savings Account | 2.75% p.a. to 6.50% p.a. |
| RBL Bank Savings Account | 4.25% p.a. to 6.00% p.a. |
| HDFC Bank Savings Account | 3.00% p.a. to 3.50% p.a. |
Which bank has highest minimum balance?
List of All Banks Savings Account Interest Rates and Minimum Balance 2022
| List of Banks | Minimum Balance Required(INR) |
|---|---|
| HDFC Bank Saving Accounts | 2500/5000/10000/25000 |
| ICICI Bank Saving Accounts | 0/1000/2000/2500/5000/10000 |
| IDBI Bank Saving Accounts | 500/2500/5000 |
| IDFC Bank Saving Accounts | 25000 |
What is the minimum balance for Axis bank savings account?
The minimum balance requirement for easy savings and similar programs in Metro, Urban areas has been increased from Rs 10,000 to Rs 12,000. Axis bank customers should note that the change in monthly balance requirement only applies to plans with an average balance requirement of Rs 10,000.
How many years FD will double?
To know the time duration in which your FD amount will get doubled, you have to divide 72 with the highest rate. For example, if the highest rate on FD is 7.05%, then the number of years in which your FD will get doubled is 72/7.05= 10.21. Thus, it will take 10 years for your FD to get doubled.
What is the interest of 1 lakh in SBI?
The monthly interest for 1 lakh in banks across India are given the table below: Financial institutions provide varying FD interest rates for Rs….Monthly Interest for Rs. 1 Lakh Fixed Deposit.
| Interest Amount on Fixed Deposit for non-Senior citizens from Banks | ||
|---|---|---|
| SBI | 2.90% to 5.50% | Rs. 242 – Rs. 458 |
What is annual fee in UnionBank?
Each savings account has annual fees which are waived for the first year. If you maintain PHP 10,000 in your ADB, we’ll waive the fees for the succeeding year. Personal Savings Annual Fee: P350. Waived for the first year.
How many bank accounts can a person have?
Govt Will Not Allow You To Have Multiple Bank Accounts; Every Bank Account Must Be Reported. As of now, a citizen of India can open as many bank account he or she wants. There is no rule to cap the number of bank accounts which can be possibly open in one bank or a combination of banks.