SavingsAccount

EPFO Interest for FY 24-25: 96.51% Accounts Credited

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EPFO Interest for FY 24-25: 96.51% Accounts Credited

Labour Minister Mansukh Mandaviya announced that the Employees’ Provident Fund Organisation (EPFO) is set to finish crediting 8.25% interest for the financial year 2024-25 into members’ accounts this week. As of Tuesday, July 8, 2025, interest has already been credited to a significant 32.39 crore member accounts across 13.86 lakh establishments. This means 99.9% of … Read more

Bank of Baroda Joins the Club: No More Minimum Balance Fees for Standard Savings Accounts

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Bank of Baroda Joins the Club: No More Minimum Balance Fees for Standard Savings Accounts

Bank of Baroda is set to waive minimum balance charges for all standard savings accounts starting July 1, 2025. This means customers with these accounts won’t be charged if their monthly average balance falls short. Who Benefits? This customer-friendly move applies to everyone holding a standard savings account with Bank of Baroda. However, it’s important … Read more