Do You Know What Your Savings Account Is Giving You? - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Do You Know What Your Savings Account Is Giving You?

Description:

The Super Savings Account provides you a complete banking convenience and financial package to access your money with the ease. – PowerPoint PPT presentation

Number of Views:21
Slides: 8
Provided by: sharibmirza333

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Do You Know What Your Savings Account Is Giving You?


1
Do You Know What Your Savings Account Is Giving
You?
2
  • Everyone knows that a savings account is an ideal
    way to gather and manage your finances for the
    future. This account has specific functions that
    will aid in investing, especially for a fixed
    period of time. However, as every individual has
    different needs, they will also have different
    financial requirements. So how do you make the
    most of this account for your financial need? In
    order to satisfy these requirements, there are
    different types of savings accounts with
    different functions.

3
In this article we learn what the different types
of benefits offered by each account are
  • Higher Interest on Idle Funds
  • When you earn funds, you will need to store them
    in place that will provide you with security as
    well as certain incentives. While the savings
    account is the best to store your funds, you can
    even earn interest on the amount you have
    invested. Additionally, this account provides
    flexible access, thereby allowing you to withdraw
    or invest anytime you need. Each different type
    of account will have different features and
    different rates. Account types for senior
    citizens and women normally have a higher
    interest rate as compared to the regular type.

4
Free Card, Other Services, Cash Back, Insurance
Coverage, Etc
  • One benefit of this account is that it offers
    several additional benefits. Some of the general
    benefits include free ATM card, personalized
    passbooks, and cheque books for the account
    holder. Additionally, specific types of accounts
    will have specific functions. Accounts like the
    women savings account will provide its account
    holders with insurance covers. Even the account
    for children provides them an added benefit of
    banking cards with special features for their
    usage. In this way, the functions of each account
    type are specifically tailored to suit your
    financial needs perfectly.

5
Open Zero Balance Account For Your Monthly
Expenses
  • While most accounts require a minimum amount to
    function, certain saving account allows zero
    balance. By this feature, you are allowed to have
    no funds in this account for a fixed period of
    time. During this period of time you will not be
    charged a penalty. This is financially beneficial
    especially if you use this account for monthly
    expenses. This makes an excellent opportunity for
    individuals to invest in such accounts and use it
    to pay their periodic dues.

6
Great Returns on Online Investing
  • With a perfect blend of investment strategy,
    right amount and luck, you can easily get great
    returns on online trading. With a savings
    account, you can use the stored funds for online
    trading. All you need to do is to open the
    necessary demat and trading account.
  • So go ahead and harness the financial power of
    the different saving accounts today.

7
Source http//www.articlesbase.com/finance-articl
es/do-you-know-what-your-savings-account-is-giving
-you-7156466.html
http//www.facebook.com/idbibank
https//plus.google.com/IDBIBank
https//in.linkedin.com/company/idbi-bank
http//www.twitter.com/idbi_bank
http//www.youtube.com/idbibank
  • Thank You!
About PowerShow.com