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2. State Bank of India - Wikipedia

   en.wikipedia.org/wiki/State_Bank_of_India

   State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]

3. Savings account - Wikipedia

   en.wikipedia.org/wiki/Savings_account

   The reserve bank has also introduced Basic Savings Bank Deposit Account [5] which has certain limits, but allows customer to start a bank account with no minimum balance. They were not popular among the common man until the 1920s. [6] Savings accounts did not exist at most banks in India for a lot of time.

4. YONO - Wikipedia

   en.wikipedia.org/wiki/YONO

   Yono Lite is a mobile banking application from the State Bank of India. [ 7 ] [ 8 ] Earlier, it was available as "SBI Anywhere Personal" but it was rebranded as "Yono Lite" in 2018, after the introduction of YONO app. [ 9 ] In 2021, Yono Lite saw several updates to protect its users from digital frauds.

5. Recurring deposit - Wikipedia

   en.wikipedia.org/wiki/Recurring_deposit

   This deposit matures on a specific date in the future along with all the deposits made every month. Recurring deposit schemes allow customers an opportunity to build up their savings through regular monthly deposits of a fixed sum over a fixed period of time. The minimum period of a recurring deposit is six months and the maximum is ten years. [3]

6. Bank account - Wikipedia

   en.wikipedia.org/wiki/Bank_account

   The minimum age for opening a bank account is most commonly 18 years. However, in some countries, the minimum age to open a bank account can be 16 years, and accounts may be opened in the name of minors but operated by their parent or guardian. In general, it is unlawful to open an account in a false name.

7. How to open a savings account: 5 steps to take - AOL

   www.aol.com/finance/open-savings-account-6-steps...

   A savings account is a safe place to keep your emergency fund or set aside money for short-term financial goals. These accounts are offered by almost every bank and credit union in the U.S., and ...