Online Savings Account: Today is the era of online. You can do a lot of work in a short span of time. At the same time, a large number of people are also opening online savings accounts. Most of the banks are providing this facility. With this, you can do banking from home in a digital way. Let us tell you why you should invest in an online savings account.
Open account from home
Gone are the days when it took a lot of effort to open a bank account. Today if you have internet connection and device then you can open online savings account from anywhere. The special thing is that it does not even require much documents. Most of the banks only ask for your Aadhaar number which is linked with your registered mobile number and PAN card. Initially, eKYC is also done online, so that you will not even need to go to the bank.
Will get interest on the account
By keeping more money in this account, your income will also increase. Banks give interest on OnlineSavings amount. Your money will remain untouched by market fluctuations and you will continue to get a certain interest. Therefore, instead of keeping extra cash at home, keep it in the account so that your earnings can increase slightly.
Easy money transfer
You can transact in a matter of seconds from your bank’s website or app. With Online Savings Account, you can do digital banking 24/7. At the same time, transactions can also be done through IMPS / RTGS / NEFT or UPI for free. In this, money transfer facility is also available through third party applications. Not only this, you will also get real time information of deposit or withdrawal. You can also add fingerprint banking to it for the safety of your account. Most of the smartphones today are offering fingerprint sensors.
Value Added Services
Many banks offer value added services like discounts, cashback and rewards on this account in addition to many benefits. Many banks offer rewards on bill payments, cab bookings, hotel reservations and food orders. At the same time, some banks also offer fixed deposit (FD), sweep FD facility and locker facility.
Easy access and maintenance
In online savings account, you can check transaction history, bank statements, balance besides other details. Many banks also provide ATM and Debit cards (ATM/Debit) to the customers so that they can withdraw money from ATMs. Most of such accounts have low maintenance. In this you just have to keep minimum balance. Not only this, many banks also give the option of zero balance.
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