Customers always prefer a Savings Account because of it offers security and liquidity. But opening a Savings Account is not enough. Selecting the right type of Savings Fund for yourself is equally important to avail the numerous benefits. Read on to know more.
1.Regular Savings Account:
A Regular Savings Account helps you save money securely with a regular interest on the deposit, which doesn’t oscillate from high to low and vice versa. Customers interested in this type of Savings Account simply want to keep a portion of their money liquid and safe in a bank.
2.Savings Account for students:
ACampus Accountis a type ofSavings Accountavailed by students who are pursuing pre-approved courses and are aged between 18 and 27 years. There is also a Student Account available for NRI students.
3.Instant Savings Account:
AnInsta Savings Accountis a lot like a regular Savings Account. An Insta Account can be opened online and does not require a physical visit to the branch. For example, you can open an ICICI BankInstaSave Accountwith your Aadhaar, PAN and other basic details. Do you want to open a Savings Account without the hassle of visiting a bank? This one's for you!
4.Savings Account for women:
Banks have started offering uniqueWomen's Savings Accountsfor financially independent women. The ICICI Advantage Women's Savings Account offers a wide range of exciting features such as Reward Points on Debit Cards, Instant Account opening and more.
5.Privilege Savings Account:
Privilege Savings Accountprovides a wide range of exclusive benefits to the Account holders such as discounts on locker facilities, unlimited withdrawals, a banking assistant, priority services at select banking zones and so on. You will find several Privilege Savings Account with several exciting features at ICICI Bank.
6.Family Savings Account:
AFamily Savings Accountis the type of Account that lets your family members address all their banking needs through a common platform. It is a better choice over a Regular Savings Account in terms of lower minimum balance requirements, wealth management and other features. To learn more about a FamilySavings Deposit Account get in touch with ICICI Bank’s Family Banking Division.
7.3-in-one Online Trading, Demat and Savings Account:
Trade successfully in the markets with a regular Bank, Demat and Trading Account under one product. As retail-trading gains ground in the nation, more leading financial institutions and banks are offering 3-in-one Accounts to customers.
8.Salaried Accounts:
The Salaried Account is exclusively meant for salaried employees with all the usual advantages of a Regular Savings Account. A Zero Minimum Balance requirement means that a minimum amount need not be maintained in your Account.
Different types ofSavings accounts come with rates, with someoffering a higher rate than a Regular Savings Account. So, make sure you choose wisely!
