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.
2017 December 01 is a bank holiday in Andhra Pradesh due to Id-e-Milad/Eid Milad-un-Nabi (Prophet Mohhammad's Birthday).
2017 December 02 is a bank holiday in Chhattisgarh due to Eid-e- Milad (Prophet Mohhammad's Birthday)/Barawafat.
2017 December 04 is a bank holiday in Goa due to Feast Of St.Francis Xavier.
2017 December 05 is a bank holiday in Jammu And Kashmir due to Birthday Of Sheikh Mohammad Abdullah.