Gone are the days, when you had to stand in long queues and go through a cumbersome process to open a Savings Account. The process would usually take days, in some cases even months for the process to be completed. In this age of technological revolu...
A checking account, also known as a transactional account, is one that can be easily opened and allows easy access to money. This type of account is essentially used to make quick bill payments and make the most out of financial transactions. The mon...
A certificate of deposit (CD) is a certificate of financial savings with a date established in adulthood, a specific hobby rate and can be issued in any denomination in addition to the minimum financing requirements. A CD limits the right to access t...
There are certain things that one needs to keep in mind in order to maximize savings in bank account.
Never pay monthly maintenance fees as it tends to eat up the major chunk of the interest earned. It is better to shift to online banks whi...