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Thread: How to choose your bank account

  1. #26
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    I prefer a saving account in nationalised bank like SBI & Axis bank for regular monthly use. I dont enjoy the idea of putting my saving in private banks that invest more in market, makes me uneasy.
    Although if for investment then its different issue.

  2. #27
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    @Nicspy


    I prefer a saving account in nationalised bank like SBI & Axis bank

    Recheck AXIS bank is private.

    All S/B accounts upto to a limit of Rs One Lakh
    is insured for each individual's account.
    ( Also Fixed Deposits)
    You will not loose your money, as PVT banks are also paying Deposit Insurance.
    ReCheck with your nearest Private Bank.
    Some ( also IOB etc ) also insure you for Personal Accident Benefit for Rs 1 Lakh
    for a premium of Rs 10/= per year.

  3. #28
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    very useful article ... :clap:

    thanks rameshjee

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