Question

interest credited by bank​

Answer 1

Answer:

At present, the interest is credited in savings bank accounts on a half-yearly basis. ... "Interest on savings deposit shall be credited at quarterly or shorter intervals (on domestic savings deposits)," the RBI said in a master circular issued

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Answer 2

Explanation:

It is Financial Amount of Money that the Bank gives you for having your Savings in their Bank! Depending on the Amount of Money the Interest Amount may Vary.

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