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Can I earn interest on my savings account balance?

Curious about saving account

Can I earn interest on my savings account balance?

Yes, you can earn interest on your savings account balance. Most banks in India offer interest on savings accounts, and the rate of interest can vary between different banks. The interest is usually calculated on a daily or monthly basis and paid out at the end of the financial year or on a quarterly basis. Some banks may require a minimum balance to be maintained to earn interest, and the interest rate may be higher for higher balances.

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