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Comparative study of
Savings Account
Of
HDFC
RBL
State Bank of Travancore
SHRADHA
SAKSHI
DHRUV
UDAY
KUNAL
CONTENTS
 Definition of savings account
Types of saving accounts
Benefits of a savings account
Pointers to be considered
Comparative study
Some deciding factors
Conclusion
What is a SAVINGS a/c
Savings bank accounts are meant to promote the habit of
saving among people while allowing them to use there funds
when required
It is a deposit account held at a bank that provides
High liquidity
Principal security
moderate interest on savings
Types of savings a/c offered by a bank
REGULAR SAVINGS ACCOUNT
Basic savings bank deposit account
Kids advantage account
Familiy savings account
Senior citizens’ savings account
Kisan savings account
Women savings account
Here’s why it is the best
a/c type for an individual
Safety
Earn interest
Record keeping
Withdraw money easily
Things to consider while opening a
savings account
 Interest rates
 Minimum quarterly balance
 Charges of non maintaining
minimum balance
 Fixed deposit rates
 Transactions at non bank ATMs
 Branch Network
 ATMs
 Additional facilities
Let us now compare these three banks
on the basis of these factors and find out
which bank should one prefer
State Bank of
Travancore
Interest rates 4.00% 6.00%* 4.00%
Minimum Quarterly
Balance
Rs. 10,000 Rs. 2,500 Rs.1,000
Charges of non-
maintaining minimum
balance
Rs.5,000-Rs.10,000-
Rs.250/- per month
Less than Rs.5,000-
Rs.350/- per month
Rs. 75/- per month Rs. 226/- per quarter
Debit card Rs. 100/- per year Rs. 200/- per year Rs.50/- per year
Transanctions at non-
bank ATMs
5 free per month 5 free per month 5 free per month
Branch Network 3,336 150 777
ATMs 11,473 290 287
Interest rates 4.00% 6.00%* 4.00%
Minimum Quarterly
Balance
Rs. 10000 Rs. 2500 Rs.1000
Charges of non-
maintaining minimum
balance
Rs.5000-Rs.10000-
Rs.250/- per month
Less than Rs.5000-
Rs.350/- per month
Rs. 75/- per month Rs. 226/- per quarter
Debit card Rs. 100/- per year Rs. 200/- per year Rs.50/- per year
Transanctions at non-
bank ATMs
5 free per month 5 free per month 5 free per month
Branch Network 3,336 150 777
ATMs 11.473 290 287
HavingEdge
Over Others..
Wide array of savings accounts to find one that matches your needs.
Wide network of branches and over thousand ATMs to meet all your
banking needs no matter where you are located.
Personalised cheques with your name printed on each cheque leaf
for enhanced security.
Bank conveniently with facilities like Net Banking and Mobile
Banking- check your account balance, pay utility bills or stop cheque
payment, through SMS.
Free Payable-at-Par chequebook, without any usage charges up to
a limit of Rs.50,000/- per month.
One last thing…..
Thank
You

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Comparative study of savings account of hdfc rbl sbt

  • 1. Comparative study of Savings Account Of HDFC RBL State Bank of Travancore SHRADHA SAKSHI DHRUV UDAY KUNAL
  • 2. CONTENTS  Definition of savings account Types of saving accounts Benefits of a savings account Pointers to be considered Comparative study Some deciding factors Conclusion
  • 3. What is a SAVINGS a/c
  • 4. Savings bank accounts are meant to promote the habit of saving among people while allowing them to use there funds when required It is a deposit account held at a bank that provides High liquidity Principal security moderate interest on savings
  • 5. Types of savings a/c offered by a bank REGULAR SAVINGS ACCOUNT Basic savings bank deposit account Kids advantage account Familiy savings account Senior citizens’ savings account Kisan savings account Women savings account
  • 6. Here’s why it is the best a/c type for an individual
  • 8. Things to consider while opening a savings account
  • 9.  Interest rates  Minimum quarterly balance  Charges of non maintaining minimum balance  Fixed deposit rates  Transactions at non bank ATMs  Branch Network  ATMs  Additional facilities
  • 10. Let us now compare these three banks on the basis of these factors and find out which bank should one prefer
  • 11. State Bank of Travancore Interest rates 4.00% 6.00%* 4.00% Minimum Quarterly Balance Rs. 10,000 Rs. 2,500 Rs.1,000 Charges of non- maintaining minimum balance Rs.5,000-Rs.10,000- Rs.250/- per month Less than Rs.5,000- Rs.350/- per month Rs. 75/- per month Rs. 226/- per quarter Debit card Rs. 100/- per year Rs. 200/- per year Rs.50/- per year Transanctions at non- bank ATMs 5 free per month 5 free per month 5 free per month Branch Network 3,336 150 777 ATMs 11,473 290 287
  • 12. Interest rates 4.00% 6.00%* 4.00% Minimum Quarterly Balance Rs. 10000 Rs. 2500 Rs.1000 Charges of non- maintaining minimum balance Rs.5000-Rs.10000- Rs.250/- per month Less than Rs.5000- Rs.350/- per month Rs. 75/- per month Rs. 226/- per quarter Debit card Rs. 100/- per year Rs. 200/- per year Rs.50/- per year Transanctions at non- bank ATMs 5 free per month 5 free per month 5 free per month Branch Network 3,336 150 777 ATMs 11.473 290 287
  • 13. HavingEdge Over Others.. Wide array of savings accounts to find one that matches your needs. Wide network of branches and over thousand ATMs to meet all your banking needs no matter where you are located. Personalised cheques with your name printed on each cheque leaf for enhanced security. Bank conveniently with facilities like Net Banking and Mobile Banking- check your account balance, pay utility bills or stop cheque payment, through SMS. Free Payable-at-Par chequebook, without any usage charges up to a limit of Rs.50,000/- per month.