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Understanding Savings Account Interest Rates

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Savings account interest rates determine how much you earn on the money kept in your account. Banks offer interest based on the average monthly balance or daily balance, depending on their policies. Rates typically range from 2.5% to 7%, depending on the bank and account type. While public sector banks offer lower rates, private and small finance banks often provide higher returns. It... https://canarabank.com/canara-budget

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