POSTED BY June 9, 2014 9:17 am ONE COMMENT
ONDear Sir,
I have taken loan of 20 Lac for 15 yr(EMI 23000) in SBI maxgain Account. My question is I have saving account in same branch where I am transferring in this account Rs.10000 each month from April to to Mar in order to pay my children school fee in April,instead of depositing in saving account can I deposit in Max gain account. Will it help me? How?
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Yes, you can save money in SBI maxgain account instead of your regular saving account. You can save on home loan interest for any amount saved in maxgain account.