Savings Account in India : comparison of various types of savings account offered by leading banks in India
The primary reason for maintaining a 'Savings Account' is to save excess funds. With Savings Account one not only can save funds but also earn interest over it. Saving account can be accessed by the accountholder either through ATM or Bank branch. 'Savings Account' with banks is a Minimum Balance Account while some banks also offer Zero Balance Savings Account option.