Savings account is always a better option to deposit your hard-earned money. Grow your money by choosing the best savings account in the market. Savings account is considered one of the best liquid investments apart from cash (obviously, cash is not a safer option).Savings account gives the customer a flexibility to keep their liquid assets aside for emergency or contingency.
Interest rates on savings is de-regularised by RBI and hence every bank can decide its own rate for balance above Rs. 1 lakh on what is the rate of interest the bank wants to offer. Hence from time to time each bank alters the interest rate on savings accounts.
However, savings account as an alternative to save still is a good idea, due to the obvious benefits:
While many of the banks have decided to reduce the rate, Equitas Bank provides 6.5% savings interest on your balances above Rs. 10 lakhs.
5 reasons on why you should opt for Equitas
We at Equitas have gone an extra mile to ensure that our savings account suit your needs, which are hassle-free, digital, and easily accessible.
The option of grouping 5 savings account is also available. Customer can group up to five savings accounts with the advantage of maintaining one minimum balance.
It is time for you to decide which side you are on. Be smart and choose wisely.
* The above are generic features of savings account. Some of the services are available with specific products. Refer schedule of charges before making the choice of account variant.