Interest Rate on Savings Accounts: This bank offers 7.5% interest on savings accounts; see details

 Interest Rate on Savings Accounts: This bank offers 7.5% interest on savings accounts; see details

Interest Rate on Savings Account: In general, savings account interest rates are less than those on federal savings bonds. However, we're going to talk to you today about a savings account that pays interest, just like FD.

Delhi, New. People often utilize savings accounts to protect their saved funds. The ability to deposit and withdraw money at any moment is by far its greatest benefit. In addition, interest is paid by the bank on the money you put into your savings account. Every bank offers a different interest rate based on the amount placed into a savings account. In general, savings account interest rates are less than those offered by federal savings accounts. However, we're going to talk to you today about a savings account, or FD, that pays interest.

The Go Savings Account is a digital banking product that was just launched by RBL Bank, a private sector bank. It is simple to establish and manage this account. You are receiving interest on this zero balance account at a rate of 7.5 percent. The model for this account is subscription-based.

Go Savings Account Features:

It provides a number of user-friendly advantages, such as high interest rates of up to 7.5% annually, a high-end debit card, and coupons worth Rs 1,500 from prestigious businesses.

In addition, this account provides a complimentary CIBIL report, accident and travel insurance, and complete cyber insurance coverage up to Rs 1 crore.

A number of high-end banking services are also available with this account. For this, the initial year's membership price is Rs 1999 (plus tax). In addition, this account has a yearly renewal cost of Rs 599 (plus tax).