Which is the best saving account in federal bank?

BSBDA. Basic Savings Bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with Free ATM card, monthly statement, and cheque book.

  • SHRENI.
  • Club Savings Account.

    • What is the interest rate for savings account in federal bank?

    Interest Rates for Federal Bank SB Plus Savings Account

    Account Balance at the End of the Day Applicable Rates of Interest
    For less than Rs.50 lakh 3.50% p.a. at an uniform rate for entire balance
    Between Rs.50 lakh and Rs.10 crore 3.50% p.a. for amount up to Rs.50 lakh and 4.00% p.a. for the remaining balance

    When did Third Federal go public?

    2007
    Third Federal Savings & Loan Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’s mission is to help people achieve the dream of home ownership and financial security. Third Federal became part of a public company in 2007 and celebrated its 80th anniversary in May, 2018.

    Which bank gives maximum interest on saving account?

    Savings Bank Account Interest Rates of Banks

    Name of Bank Rates of Interest (p.a.)
    IndusInd Bank Savings Account 4.00% p.a. to 5.00% p.a.
    DCB Bank Savings Account 2.75% p.a. to 6.50% p.a.
    RBL Bank Savings Account 4.25% p.a. to 6.00% p.a.
    HDFC Bank Savings Account 3.00% p.a. to 3.50% p.a.

    Who is the owner of Federal Bank?

    K. P. Hormis
    Federal Bank

    Type Public
    Founder K. P. Hormis
    Headquarters Aluva, Kochi, Kerala, India
    Number of locations 1,291 branches (2021)
    Key people Shyam Srinivasan (MD & CEO)

    Which bank give more interest on saving account?

    What is current US interest rate?

    The current Federal Reserve interest rate, or federal funds rate, is 0.75% to 1.00% as of May 5, 2022. The Federal Reserve lifted its core interest rate by 0.5% on May 4. It’s the second hike in two months and the largest increase since 2000 as the Fed focuses on fighting inflation levels that are at 40-year highs.

    What is prime interest rate today?

    The current Bank of America, N.A. prime rate is 4.00% (rate effective as of May 5, 2022). The prime rate is set by Bank of America based on various factors, including the bank’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans.