Before opening an online savings account, you’ll want to make sure to choose the right one for your financial situation. To choose a bank, you’ll need to consider a few key factors.

Annual Percentage Yield is variable and subject to change at any time. No minimum balance requirement and no monthly service charge. Must fund within 15 business days of account opening.

Mumbai, April 23 The country’s largest lender SBI on Friday said it has launched a video KYC (know your customer) based savings account opening feature on its mobile banking app, Yono. The ...

The online banks aren’t offering savings account rates that keep pace with inflation, which slowed to 6.5 percent on an annual basis in December.