Types of Saving Products Offered By A Bank
The different saving products that a bank offers could be classified into two categories: (1) products without a fixed maturity period,...
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Menthum
- 2 min
Features & Glossary of Savings Accounts / Current Accounts
Interest rate: The interest you earn for keeping money with a bank. It is published on annual basis, so 5% interest means annual interest...
Menthum
- 1 min
Features & Glossary of a Time Deposit / Certificate of Deposit
Interest rate: The interest you earn for keeping money with a bank. It is published annually. Interest payment frequency: The frequency...
Menthum
- 2 min
How to Choose a Saving Product and Bank?
Your choice of the saving product depends on factors regarding liquidity or ability to withdraw, returns, size of deposit and other...
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