Different types of saving accounts

A savings account is a low-risk and easy way to save for the future. Year after year, customers are entitled to interest gained on their deposits. Customers must present their KYC documents – evidence of address and identification – while creating a savings account. Customers can open a savings account after the bank verifies their documents. Banks across the country are offering specialized savings accounts, such as savings accounts for senior citizens, women, children, salary savings accounts, and normal savings accounts, to cater to the individual needs of clients.
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