Sentences with phrase «savings bank account»

Hot storage is like the wallets that you carry around in your pocket, while the Cold storage is somewhat akin to your savings bank account.

The applicant should have a savings bank account in any of the participating banks accounts.

Dena Bank has 12 million savings bank account holders and they would be eligible to enroll under this policy.

You need to have Aadhar linked Savings Bank account to subscribe to this accidental death benefit scheme.

The member enjoys a convenience as the premium will be auto debited from their Savings Bank Account.

SUD Life Pradhan Mantri Jeevan Jyoti Bima Yojana is a one year renewable group term insurance scheme that provides life cover at low cost to the members of savings bank account

The plan can be bought by any permanent Indian Resident having either a Savings Bank Account or a Current Account with the State Bank of India or any of its associated banks.

This is offered to all savings bank account holders in the 18 - 70 years age group for a mere Rs. 12 premium per subscriber, per annum.

Instead of keeping your money ideal in a savings bank account, you can invest in a SIP and take benefit of regular savings along with earned interest.

Opening up a savings bank account is a good way to keep aside money for the post retirement scenario.

On the other hand, PMJJBY offers a renewable one year life cover of Rs 2 lakh to all savings bank account holders in 18 - 50 age - group.

PMSBY will proffer a renewable 1 - year accidental death cum disability cover of Rs 2 Lakhs for partial permanent disability to all savings bank account holders in the age group of 18 - 70 years for a premium of Rs 12 per annum.

Individuals within the age group of 18 - 70 years having a participating savings bank account can subscribe to this scheme.

If the bank is offering online banking, you can link your PPF account to your current savings bank account.

Here it earns the savings bank account rate.

You may surrender your policy after the completion of a lock - in period as specified in the terms and conditions of your policy by submission of a duly filled and signed Surrender Request Form, your savings bank account details, a cancelled cheque leaf from the account and self - attested copy of KYC documents at the nearest branch location.

Currently, SBI General Insurance Company Limited is offering an Accident Insurance cover of Rs 4 lakh for SBI's savings bank account holders for an annual premium of Rs 100.

The PMSBY provides a renewable on year accidental death cum disability cover of Rs 2 lakh to those between the age group of 18 to 70 years with a savings bank account at an annual premium of Rs 12 per year.

The Group Personal Accident Insurance Policy can be bought by any permanent Indian resident aged between 18 and 65 years having a savings bank account / individual current account, opted with State Bank of India or any of its associate banks.

As per the applicable tax laws, you can get an exemption up to Rs. 10, 000 in aggregate per year on interest earned on savings bank account.

Apart from the basic savings bank account, other categories excluded from maintaining the monthly average balance include No frill Accounts, financial inclusion accounts, small accounts and salary package accounts.

State Bank of India offers a special kind of savings account - Basic Savings Bank Account.

Being a savings bank account, the eligibility criteria for regular savings bank account is applied to Basic Savings Account.

The bank doesn't levy any charges on closure and opening of inoperative Basic Savings Bank Account.

It is particularly good for people who find it difficult to save in and maintain a savings bank account.

You will then have to link your savings bank account with these two accounts to seamlessly transfer funds.

If your tax status in India is Non-Resident Indian, you should not be holding a normal Savings bank account.

All these investments offer a return that is higher than a savings bank account.»

You can see that while the value of money in savings bank account decreased due to inflation, equity mutual fund's high returns caused an increase in the investment value even in real return terms.

Here the investor gives a debit mandate along with a duly signed Savings Bank Account cheque.

To put this in context, a normal savings bank account in the same bank pays you 4 % interest.

Also, note that Interest on savings bank account is not taxable to the extent of Rs 10,000.

I want to receive Euros from my company in Germany to my savings bank account (HDFC) in India where I work.

For example if you are looking for alternate to savings bank account - and investing in liquid funds - 2 funds are good enough.

Liquid funds as you might already know, are a good alternative to keeping money in a savings bank account.

We, at IndusInd Bank, have dedicated ourselves to present the best savings bank account programmes for you and your family.

Dividend yield of 4 % is not bad while considering 4 % annual interest on savings bank account.

I would have my Moneybookers account linked to my Savings Bank Account in a private indian...

Your savings bank account will be linked to the online mf account.

As part of the trinity account, a savings bank account will be opened with Kotak Mahindra Bank to your own preferred nearest location.

I receive money as INR into my savings bank account.

Though the reason to invest in liquid funds is getting better returns than savings bank account, one should not just blindly go for high returns in liquid funds.

Since Liquid funds offer better returns than savings bank account, one should invest any surplus they have above their immediate requirements to the Liquid funds.

Axis Liquid Fund has given returns higher than 8 % in the last five year which is double of what you'd earn in a savings bank account.

This is why liquid funds are considered a very good alternative to keeping money in a savings bank account.

These plans give better returns than savings bank account and are very accessible too.

Deductions for Interest income on Savings account (Section 80 TTA): This section of the Income Tax Act specifies that a savings account holder can claim deductions on the interest income from savings bank account up to Rs. 10,000.

If you are a first time mutual fund investor or planning to open a Savings Bank account or a Demat account, you need to submit below new cKYC form to your financial institution.

Dear Sarma, Kindly note that interest up to Rs. 10,000 earned from all savings bank accounts is exempt from tax — Section 80TTA.

With savings bank accounts, ASIC's unclaimed monies online search database goes back to 1989.