Higher returns
SAVINGS PLUS
Earn more by investing in SavingsPlus
"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen
Savings Account
Low interest rate (~3.5%)
Instant withdrawal
Account maintenance charges
Offline account opening process
Instant redemption
No lock-in or exit load
Invest and redeem on a click
Fixed Deposit
Low short term rates
Early withdrawal penalty
Tax deducted at source by bank
Subsequent renewals required