preetham
asked
What are the types of SBI savings account?also How can I save tax on the interest earned on a fixed deposit?
0
0
Answer Now
Comment
Report
4
Answers
mabelgoodrich
answered
Thanks for sharing this post. I have now known something regarding SBI from the conversation here. Though I am a marketing manager and help people with construction lead services in the competitive marketplace. A tax lawyer is an expert professional in this sector rather than others.
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
veeru
answered
savings plus account gives the facility of savings account along with term deposit account. Any surplus funds in the account exceeding the threshold limit, for a minimum amount of Rs.10,000 and in multiple of Rs.1000 in any one instance, are transferred as term deposit and earns interest as applicable to term deposits.
narahari
answered
savings account has been designed to help people save for their future financial requirements. Under this account, bank gives free ATM cum debit card. The account can also be accessed through SBI internet banking facility by downloading instantsbi. The rate of interest is compounded half yearly under this account.
ARJUN PRATAP SINGH
answered
Dear Driend,
as far as your query is concerned What are the types of SBI savings account?
let me informed that State Bank of India offers two types of savings account –
1.savings account
2.savings plus account.
savings account
**savings account** has been designed to help people save for their future financial requirements. Under this account, bank gives free ATM cum debit card. The account can also be accessed through SBI internet banking facility by downloading instantsbi. The rate of interest is compounded half yearly under this account.
savings plus account
**savings plus account** gives the facility of savings account along with term deposit account. Any surplus funds in the account exceeding the threshold limit, for a minimum amount of Rs.10,000 and in multiple of Rs.1000 in any one instance, are transferred as term deposit and earns interest as applicable to term deposits.
Hope answer was helpful to you
Regards,
Arjun
