Tag: savings account

Basic Savings Account: There are many types of bank accounts in India. These include savings account, current account, demat account and some other types of accounts. There are many banks in India to open these accounts. Generally, whether you open a savings account or current account or demat account, you have to maintain a minimum balance in these accounts. Otherwise, you are charged a penalty. And many banks collect crores of rupees every year just as penalty for not maintaining minimum balance. But there are some accounts which after opening,…