Outlook Money
A savings account has several fees associated with it. From bank withdrawal fees to ATM fees, check the charges for services you would normally use to get an idea.
Failure to maintain a minimum balance can incur a fee of Rs 150 to Rs 600. To avoid these fees, you may opt for a zero-balance savings account.
Opt for a bank that has branches near your home and widely available ATMs so that you can easily access funds and also do any necessary bank work.
Some savings accounts come with personal accident insurance. You can also get discounts when shopping from select brands. Use of a debit card. Look for a bank with a robust discount program.
Some savings banks also have a feature where any amount above a certain threshold is automatically shifted to a fixed deposit account. You may consider a premium account if it aligns with your needs.