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It depends on the bank and the types of facilities offered by your banker.
Government banks in India require a minimum balance of Rs. 500 for normal accounts and Rs. 1000/- for accounts with cheque book and ATM card.
Private banks require a minimum quarterly average balance of Rs. 2500 or above
What else can I help you with?
How much the initial deposit to open a savings account at bpi family savings account?
1000
Disadvantages of savings bank account?
Actually there are no disadvantages of having a savings account. Saving money is a good habit and keeping it in a bank account is even better because it will earn you an interest. The only downside is that the interest earned in a savings account is much much lesser than a fixed deposit but nonetheless the money is liquid and you can take it anytime you want, which isn't the case with a fixed deposit.
How much deposit money for open a new account?
It depends on a lot of unknowns. In the UK, you can open a basic savings account in most banks with as little as £1.00 !
How much should be my initial deposit?
Any reputed bank in Indonesia would ask for an initial deposit of about IDR 1,000,000 for opening a regular current account. It would also need minimal core deposits Rp 100,000.
How much is your initial deposit?
Determined by the bank.
How much the initial deposit to open a savings account at bpi family savings account?
1000
Disadvantages of savings bank account?
Actually there are no disadvantages of having a savings account. Saving money is a good habit and keeping it in a bank account is even better because it will earn you an interest. The only downside is that the interest earned in a savings account is much much lesser than a fixed deposit but nonetheless the money is liquid and you can take it anytime you want, which isn't the case with a fixed deposit.
How much is an account at beneficial savings bank?
To have an account at Beneficial Mutual Savings Bank you need to deposit at least$50. The interest is compounded daily. It has the best rates also. Good place to have an account.
How much is the initial money required to open a canara bank new account?
To open a new account at Canara Bank, the initial money required typically varies depending on the type of account. For a savings account, the minimum balance requirement can range from ₹500 to ₹10,000, depending on the specific account variant chosen. It's advisable to check with the bank for the latest requirements and any promotional offers that may affect the initial deposit.
If you deposit 20000 in a savings account at 9.1 percent interest per year how much will you have in 17 years?
50,940 dollars
How much deposit money for open a new account?
It depends on a lot of unknowns. In the UK, you can open a basic savings account in most banks with as little as £1.00 !
Who much is the opening deposit for a checking account?
It depends on the bank and also the type of account you are opening. for example a basic feature savings account in a nationalized bank in India requires a min balance of 500 rupees and for an account with a cheque book requires 1000 rupees for private banks the min balance is usually 2500 or 5000 or even more based on the facilities provided.
How much cash must be deposited to open a checking account at the Whidbey Island Bank?
"Whidbey Island bank requires you to make a deposit of 100 dollars to open a checking account with them. If you are opening a savings account, you must deposit at least 150 dollars."
How much should be my initial deposit?
Any reputed bank in Indonesia would ask for an initial deposit of about IDR 1,000,000 for opening a regular current account. It would also need minimal core deposits Rp 100,000.
How much is your initial deposit?
Determined by the bank.
How much money did you put into your account?
How much did you deposit into your account?
How much money can you deposit in a savings account at any one time without them having to report it to the IRS?
10,000$, Then it must be reported to the IRS, and only if in cash.
