Money Saving Ideas

If I Deposit 5 lakh In My Saving Account of SBI What Quantity Ought to I Get After 30 Days?

If I Deposit 5 lakh In My Saving Account of SBI What Quantity Ought to I Get After 30 Days?

So the query is If I deposit 5 lakh in my saving account of SBI what quantity ought to I get after 30 days? If you need help on how to save up the five lakh rupees first, you can use some strategies to save money.

Contemplating your financial savings account is providing 3% interest, pre-tax you’ll make 1500 rs.

1 Month2 Months3 Months4 Months5 Months6 Months7 Months8 Months9 Months10 Months11 Months12 Months
12501363.63636415001666.66666718752142.8571432500300037505000750015000

And if you’re income 2.7% pre-tax in your financial savings account then you’ll make

1 Month2 Months3 Months4 Months5 Months6 Months7 Months8 Months9 Months10 Months11 Months12 Months
11251227.272727135015001687.51928.5714292250270033754500675013500

There are many stocks that pay a lot more than the 2.7% yield that my saving account pays me. And you should consider dividend investing, in case you want to park your money for the long term. Open an account Zerodha and get started today.

Can I Give My Bank Account Details In Job Portals?

You can but you should not. No reputed employer takes money to hire you. In case anyone is saying that they can arrange an interview or get you a job only when you give them money, they are trying to scam you.

Is my Bank Account will be locked if I am not vaccinated?

No, there is no law as of now to do that, and being a democratic country India will never do that. Although, bank branch might not allow you to enter the branch in case you are not vaccinated, even in that case you should be good to use online and ATM facilities.

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About the author

Hi,
I am Abhiroop. I started working in IT services industry in the year 2007. I have worked in 3 continents. Currently, I live and work in the USA. While blogging was one of my hobbies that I picked up in college, I fell in love with the stock market in the year 2014. I purchased my first stock in 2008, and I sold them all after 2009. I did not know the power of compounding. Which was a HUGE MISTAKE. I intended to help everyone understand why we need to invest in stocks, hence I started this blog.

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