Mods Diary
  • Home
  • Blog
  • Pages
    • Contact Us
    • About Us
    • Cookie Policy
    • Disclaimer
  • Gaming Zone
    • Upcoming Games
    • Game Guides
    • Game Mods
    • Games Sources
    • Gaming Products
    • Mobile Games
  • Technology Zone
    • Technology News
    • Tech Guides
    • Tech Products
    • Technical Errors
  • General Updates
    • Business
    • Digital Marketing
    • Earn Money Guides
    • Education
    • Employment Guides
    • Entertainment
    • Fashion
    • Finance and Investment
    • Food
    • Friendship
    • Health
    • Home Improvement
    • Law Guides
    • Lifestyle and Shopping
    • Parenting
    • Pets Guides
    • Real Estate
    • Social Media
    • Sports
    • Travel
  • Home
  • Blog
  • Pages
    • Contact Us
    • About Us
    • Cookie Policy
    • Disclaimer
  • Gaming Zone
    • Upcoming Games
    • Game Guides
    • Game Mods
    • Games Sources
    • Gaming Products
    • Mobile Games
  • Technology Zone
    • Technology News
    • Tech Guides
    • Tech Products
    • Technical Errors
  • General Updates
    • Business
    • Digital Marketing
    • Earn Money Guides
    • Education
    • Employment Guides
    • Entertainment
    • Fashion
    • Finance and Investment
    • Food
    • Friendship
    • Health
    • Home Improvement
    • Law Guides
    • Lifestyle and Shopping
    • Parenting
    • Pets Guides
    • Real Estate
    • Social Media
    • Sports
    • Travel
  • Home
  • General Updates
  • Business
  • Best Online Savings Account in India for 2022
Business

Best Online Savings Account in India for 2022

Michael Caine5 months ago0 Comments1273 Mins Read
FacebookTwitterLinkedInPinterestStumbleuponEmail
Share

The upgradation of technology and AI has changed our way of leading life. The banking system has also seen major transformations that have made things more convenient and accurate. Among various products of banks, the digital savings account has taken people by storm. The instant procedure and attractive saving account interest rate are the primary reasons for more people opting for this banking service. 

However, the availability of multiple banks that offer digital services might add to your confusion about choosing the best. To solve this problem, here are the top public and private banks in India for opening online savings accounts.

Banks with Best Saving Account Interest Rate

To select the best online savings account, you must look at the factors such as the minimum balance requirement, interest rate, availability of online fund transfer facility, and other essential products offered by the bank.

Following are the best banks in India for opening an online savings account:

  1. Yes Bank

This public bank provides the facility of the online savings value account that gives you free unlimited access to its ATMs throughout the country. In addition, it comes with the following features:

  • Its savings account interest rate ranges between 4.00% to 5.00%.
  • The least balance requirement is ₹ 5,000.
  • You also get free RTGS, NEFT, and IMPS fund transfer.
  1. RBL Online Saving Account

You can instantly open this account by downloading the banking app of RBL or by visiting its official website. Apart from offering a high saving account interest rate, RBL only requires you to submit your PAN and Aadhaar number for verification purposes.

It comes with the following features:

  • The interest rate ranges from 4.00% to 6.00%, depending on the balance of the account.
  • Customers need to maintain a minimum balance of ₹ 5,000.
  • The bank offers Titanium debit cards with free unlimited usage at RBL ATMs.
  • RBL has the availability of a free NEFT/IMPS/RTGS facility.
  1. Kotak Mahindra Bank

It is regarded as one of the best private banks in India. The Kotak 811 is an online savings account which requires the Aadhaar number of an applicant for instant account opening purposes. 

The details and features of this account are:

  • It is a zero-balance account.
  • The yearly saving account interest rate is 3.50%.
  • Customers get a free cheque book.
  • Virtual debit card on request and payment of charges according to GSFC.
  1. Induslnd Bank

You can open an online saving account at this bank by completing simple procedures. The most attractive features of this account are the requirement of zero minimum balance and competitive saving account interest rate ranging from 3.50% p.a. to 5.00% p.a. In addition, its customers get the following benefits:

  • Availability of Platinum debit card.
  • The facility of free online fund transfer through NEFT, RTGS, and IMPS.
  • ATM transactions of up to ₹ 1 lakh along with POS of ₹ 2 lakh per day
  1. HDFC Bank

The savings account at this bank comes with a different minimum balance cap according to the geographical location. The customers of urban branches need to maintain ₹ 10,000 as a minimum balance, while for semi-urban and rural branches, the least balance requirement is ₹ 5,000 and ₹ 2,500, respectively. In addition, this bank offers the following benefits to its saving account holders:

  • Regular debit card on payment of ₹ 150.
  • 5 free monthly ATM transactions throughout the country.
  • Availability of all three online monetary transfer options (IMPS, RTGS, and NEFT).

Conclusion 

All the above-mentioned banks offer the best facilities for opening an online account. The crucial benefits of Private Banks in India include a high saving account interest rate, low minimum balance requirement, and various online fund transfer facilities. However, before opening an account at any of these banks, you must determine your requirements to make an efficient choice.

banks in indiasavings account
Share
FacebookTwitterLinkedInPinterestStumbleuponEmail
By Michael Caine
Public Administration ThesisPrevious PostWriting Public Administration Thesis – 10 Pre-Writing Strategies
iCloud Bypass ToolNext PostiCloud Bypass Tool – Unlock iOS 15.5 With the iCloud Bypass Tool

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related Posts

  • <strong>New Car Prices</strong>

    New Car Prices

    hassanshabeer4571 day ago
  • 9 Best Business Books for Entrepreneurs in 2023

    9 Best Business Books for Entrepreneurs in 2023

    Michael Caine2 weeks ago
  • Fulfillment Center vs. Distribution Center: How are they Different?

    Fulfillment Center vs. Distribution Center: How are they Different?

    Michael Caine2 weeks ago
  • Custom shaker keychains: the perfect gift for fitness junkies

    Custom shaker keychains: the perfect gift for fitness junkies

    Muteeb SEO2 weeks ago
  • <strong><a href="https://classicammunitionstore.com/product-category/6-5-prc-for-sale/">6.5 prc ammo for sale</a></strong>

    6.5 prc ammo for sale">6.5 prc ammo for sale

    Jamesmartin75132 weeks ago
  • Top Email Marketing Softwares in 2023

    Top Email Marketing Softwares in 2023

    hassanshabeer4573 weeks ago

Popular Articles

General Zone
<strong>New Car Prices</strong> 1

New Car Prices

1 day ago
9 Best Business Books for Entrepreneurs in 2023 2

9 Best Business Books for Entrepreneurs in 2023

2 weeks ago
Fulfillment Center vs. Distribution Center: How are they Different? 3

Fulfillment Center vs. Distribution Center: How are they Different?

2 weeks ago
Custom shaker keychains: the perfect gift for fitness junkies 4

Custom shaker keychains: the perfect gift for fitness junkies

2 weeks ago
<strong><a href="https://classicammunitionstore.com/product-category/6-5-prc-for-sale/">6.5 prc ammo for sale</a></strong> 5

6.5 prc ammo for sale

2 weeks ago
Top Email Marketing Softwares in 2023 6

Top Email Marketing Softwares in 2023

3 weeks ago
Ammo for sale in USA 7

Ammo for sale in USA

3 weeks ago
Secrets to a successful swimming pool renovation 8

Secrets to a successful swimming pool renovation

4 weeks ago
<strong>Dealbreaker Of Anxiety Attacks</strong> 9

Dealbreaker Of Anxiety Attacks

1 month ago
Machining Motorcycle Parts: Custom CNC Machined Parts for Motorcycle 10

Machining Motorcycle Parts: Custom CNC Machined Parts for Motorcycle

1 month ago
Latest
Popular
Trending
<strong>Use Technology to Sleep Better With These Handy Tips</strong>

Use Technology to Sleep Better With These Handy Tips

7 hours ago
<strong>New Car Prices</strong>

New Car Prices

1 day ago
<strong>Two Player Games Online USA</strong>

Two Player Games Online USA

1 day ago
Misuse of Online Education

Misuse of Online Education

2 days ago
The Benefits of E-Rostering for Healthcare Organizations

The Benefits of E-Rostering for Healthcare Organizations

2 days ago
<strong>Choosing Embedded Software Development Has Its Advantages</strong>

Choosing Embedded Software Development Has Its Advantages

2 days ago
What are the 5 Benefits of Psychotherapy and Counselling?

What are the 5 Benefits of Psychotherapy and Counselling?

2 days ago
<strong>How to download YouTube videos for free with an online downloader?</strong>

How to download YouTube videos for free with an online downloader?

5 days ago
<strong>Personal Injury Claim vs Wrongful Death -Are They Different?</strong>

Personal Injury Claim vs Wrongful Death -Are They Different?

2 years ago
<strong>Amazing Benefits of Having Dental Implants</strong>

Amazing Benefits of Having Dental Implants

1 year ago
Overseas Soccer Relay Live Tv

Overseas Soccer Relay Live Tv

12 months ago
3 Benefits of Having an EV System

3 Benefits of Having an EV System

11 months ago
Furniture Hacks for a Luxurious Living Room

Furniture Hacks for a Luxurious Living Room

11 months ago
What is NFTs?

What is NFTs?

11 months ago
Lip Makeup – Everything You Need to Know About Lip Gloss

Lip Makeup – Everything You Need to Know About Lip Gloss

11 months ago
What kind of packaging options are available for shipping?

What kind of packaging options are available for shipping?

11 months ago
<strong>New Car Prices</strong>

New Car Prices

1 day ago
9 Best Business Books for Entrepreneurs in 2023

9 Best Business Books for Entrepreneurs in 2023

2 weeks ago
Fulfillment Center vs. Distribution Center: How are they Different?

Fulfillment Center vs. Distribution Center: How are they Different?

2 weeks ago
Custom shaker keychains: the perfect gift for fitness junkies

Custom shaker keychains: the perfect gift for fitness junkies

2 weeks ago
<strong><a href="https://classicammunitionstore.com/product-category/6-5-prc-for-sale/">6.5 prc ammo for sale</a></strong>

6.5 prc ammo for sale

2 weeks ago
Top Email Marketing Softwares in 2023

Top Email Marketing Softwares in 2023

3 weeks ago
Ammo for sale in USA

Ammo for sale in USA

3 weeks ago
Secrets to a successful swimming pool renovation

Secrets to a successful swimming pool renovation

4 weeks ago
Trends 2023: Servicespaper Productspaper TrendsPR Emiratespaper RankHighServices FirstIndianPaper Amirarticles Modsdiary Trendswallet Techvercity Answerdiary FirstBusinessMagazine Trendsbusinessnews Mysterybusinessnews Timebusinesspaper Silvernewspaper