Must Know Savings Account Related Facilities You Can Avail As a Customer
A savings account is the most basic type of bank account. It lets people save money and earn interest on the amount they save. Customers have the most freedom to withdraw their deposits from any place and at any time. This type of bank account has a lot of benefits that make it a good way for most people around the world to save money.
One of the best things about having a savings account is that you can earn interest on the money you put in, which is something you can’t do with other types of investments. On top of that, people who have savings accounts can use many banking services, like mini-statements or UCO bank balance check number and Axis bank balance check numbers. Some of the benefits are briefly talked about below. But remember that banking services may be different depending on the type of savings account and the bank that holds it.
A smart and quick way to pay your bills
Do you know that the mobile app for your bank lets you pay your bills right away? Most banks today give their customers ways to pay, like BillPay, for their savings accounts. This lets the account holder pay for things like water, electricity, gas, and cell phone recharges right from their savings account.
Ability to avail mini statement
Just like the common feature of axis bank balance check number, all banks offer another feature called “mini statement,” which lets people with savings accounts see the five most recent transactions on their phones. This service is free at most banks. Account holders can get a mini statement by leaving a missed call on the toll-free number for mini statements from their registered mobile number. The call will then end by itself, and an SMS with information about the last 5 transactions will be sent to their mobile number. Customers are given different mini statement numbers because they can call or send an SMS to get a mini statement. Customers can choose the method that works best for them.
Having connectivity to ATMs
You can get cash from an ATM if you have a savings account at a bank. Even when going to ATM, you can easily use the uco bank balance check number to know if you have sufficient balance to withdraw. Also, remember that most banks have branches all over the country that have their own ATMs. But even if you can’t find an ATM from your bank nearby and you need cash right away, you can still get cash from an ATM from another bank. All you have to do is bring your debit card. Still, it’s important to know that the bank will charge you if you use an ATM from another bank to withdraw money after a certain number of times.
The ability to completely bank digitally online
With a savings account at any bank that also provides an Axis bank balance check number facility, customers can even do business online from anywhere and at any time. Account holders can use the Internet banking service for many different things. With a net banking facility, you can do a lot of things, like send money, pay bills, receive money, buy things, get insurance and other investment options, and even get a chequebook. Aside from this, customers of many banks can also check their mini-statements online through net banking. To see the mini statement, the account holder must log in to the net banking portal by entering the username and password. After logging in, they can click on the “Account Details” tab and use the “Mini Statement” option to see details about the last five transactions on their account. The best part is that account holders can do everything online and don’t even have to go to the bank. They can also check their balance by contacting the uco bank balance check number.
The ability to bank at your fingertips through phone
The person who knows the useful service of uco bank balance check number with a savings account can also get the bank’s mobile app on their phone and use it to do a variety of banking tasks from anywhere. Using the bank’s mobile app, they can send and receive money. On top of that, it lets you talk to bank employees about any questions you have about your bank account. So, account holders don’t have to go to the bank in person and can do all of their banking from the comfort of their own homes.
SMS Text message alert service
All banks let people with savings accounts sign up for SMS alerts so they can keep track of their balance (whether it goes down or up) at all times, besides using the axis bank balance check number. With this, every time your debit or credit card is used for a transaction, and an SMS will be sent to your registered phone number. With a mobile app, you can get information about your savings account, change your email address, check your account balance, order a chequebook, see mini statements, and do a lot more. Then, after 3 or 4 rings, the call would end on its own, and you’d get an SMS with a list of your last 3 transactions on your phone.
Benefits for other associated products
Some banks offer cross-product benefits to people who have savings accounts with them. It means that if you already have a savings account with the bank, you are automatically eligible for special benefits and offers if you decide to open another account with the same bank. For example, banks offer a Demat account and may not charge a maintenance fee for the first year if the person opening the account already has an account with the bank for savings.
Unlike some other financial products, you don’t have to be a certain age to have a savings account and get the facility of an axis bank balance check number. In other words, it’s good for people of all ages with different types of accounts for children, adults, and senior citizens. It is all about if you are able to meet the bank’s requirements. You can get the most out of your savings account by checking out the rewards and deals that banks offer through their apps and taking advantage of these extra banking features. All of these features make it easy for you to do your banking, besides the useful facility of calling uco bank balance check number whenever required.