Savings Accounts are the most popular type of bank accounts meant for saving of your amount and getting interest on it. You have the flexibility of deposit your fund to or withdraw your fund from the account based on your requirement. Banks provides cheque facility to savings account holders. It can be opened and operated either in single name or in joint names. Generally, all the salaried employees as well as the pensioners have this type of account. The rate of interest offered on such account is between 4% to 7% per annum. With effect from FY 2012-13, interest earned on savings account upto Rs 10,000 in single financial year is exempted from tax.
2018 June 30 is a bank holiday in Mizoram due to Remna Ni.
2018 July 02 is a bank holiday in Andaman And Nicobar Island due to Annual Closing Of RBI.
2018 July 03 is a bank holiday in Meghalaya due to Beh Dienkhlam.
2018 July 05 is a bank holiday in Jammu And Kashmir due to Guru Hargobindji's Birthday.
2018 July 13 is a bank holiday in Arunachal Pradesh due to Bhanu Jayanti/Martyr's Day.
2018 July 17 is a bank holiday in Meghalaya due to U Tirot Sing Day.