Interest, Savings, Bank accounts: Banknet India


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Name :	Ravi Sharma
Subject:	Interest in Savings Account
Message :	According to the rules relating to interest on savings bank accounts followed by most banks, interest is paid on the minimum (day-end) balance outstanding in the account between the 10th and last day of the month. So any amount to earn interest should be deposited in the account latest by the 10th of the month and should not be withdrawn till the last day of the month.