How To Manage Savings Accounts Over Apps?

Posted by Shashank Bhaskar on March 14th, 2022

Are you searching for a new-age way to care for your banking needs? One of the safest solutions is to open a Savings Bank Account online. This mode offers some great discounts and special rewards. Many banks have the option to make transactions online via Digital Banking. 

The Banking app lets you make transactions sooner. Here is what you should know about online Savings Account and its functioning: 

Advantages 

  • High Savings Account interest rates on the amount you deposit in the account.

  • Online Savings Account opening is paperless and speedy. You could do so either from your home or office.

  • Some banks have a requirement of a minimum monthly balance of Rs. 10,000, and there are no limits on the deposit for any holder in select banks.

  • Visceral iBanking principles besides the handy apps that let you access your account anytime, anywhere.

  • Debit Cards help you manage ATM withdrawals while also receiving a concession on some of the best global and national brands. 

Banking made simpler 

Online Bank Account opening provides solutions that abide by and make the banking process a lot easier: 

  • Your international banking becomes remote, eliminating the need to link multiple Bank Accounts, thereby combining them under one roof.

  • Now, you need not wait for OTPs to initiate any banking transaction. The pre-installed soft token technology authenticates all transactions in one go.

  • Savings Account here comes with a Spends Optimiser that measures all your spendings across different categories for smooth future investments and budgeting.

  • No more copy-pasting account details to the payee as you can share them with one click.

  • Pay your bills instantly or schedule them three days prior. This ensures you never default with your debts.

  • Get instant approvals, easy Loan management and a free lock-in period after you open a Bank Account.

  • Creation of Fixed Deposits and sound returns on your money deposited in it with expert investment insights.

  • Make national and international fund transfers through RTGS, IMPS and NEFT payment methods with Remit facility in select banks

Besides the perks you receive, account holders can now thoughtfully avail benefits on top brands like Tanishq, Oven Story, Zee5, etc., with their Debit Card.

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Shashank Bhaskar

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Shashank Bhaskar
Joined: April 11th, 2019
Articles Posted: 22

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