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Home Personal Finance Savings Accounts: Get 7.5% interest on savings account without any minimum balance,...

Savings Accounts: Get 7.5% interest on savings account without any minimum balance, this bank is offering

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Generally, the interest rates available on savings accounts are lower than the interest rates on FD. But today we will tell you about a Savings Account on which you get interest like FD.

New Delhi. To keep their savings money safe, people usually use Savings Account. Its biggest advantage is that you can deposit or withdraw money anytime. The bank also gives you interest on the amount deposited in the savings account. The interest rates given on the amount deposited in savings account differ in all banks. Generally, the interest rates available on savings accounts are lower than the interest rates on FD. But today we will tell you about a savings account on which you get interest like FD.

Recently, private sector RBL Bank had announced the launch of digital banking product Go Savings Account. This account is easy to open and can be operated easily. This is a zero balance account, on which you are getting interest at the rate of 7.5 percent. This account is based on a subscription-based model.

Features of Go Savings Account-

  • It offers several customer-friendly benefits including high interest rates up to 7.5 per cent per annum, a premium debit card and Rs 1,500 worth of vouchers from premier brands.
  • This account also offers comprehensive cyber insurance cover up to Rs 1 crore, accident and travel insurance and free CIBIL report.
  • This account also offers a range of premium banking services. In this, the subscription fee for the first year is Rs 1999 (plus tax). Apart from this, there is an annual renewal fee of Rs 599 (plus tax) on this account.

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