• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Cost of bank to a savings account

yobro

TF Select
If any person from Bank in there especially if handling liabilities of bank please do let me know what is the cost to a bank to open and handle a savings account?
Do this vary from Bank to bank?
What is the various costs involved?
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
If any person from Bank in there especially if handling liabilities of bank please do let me know what is the cost to a bank to open and handle a savings account?
Do this vary from Bank to bank?
What is the various costs involved?
Jio air fiber.guy said 20k is device price 🤣🤣
Employee never knows all this
 

dvader

TF Premier
These days it almost costs pennies to run an account (just the digital side of it) cuz computers. The real cost adds when you physically visit a branch as in when you deposit cash, use locker, use physical instruments, payroll, lending etc etc. And for most of it banks charge from customers. But for most of the retail customer apart from debit cards it's nominal.
 
Top