Savings and investments is a very common plan that the banking customers opt for. Savings account is that scheme provided by the bank that gives monthly interest to the customers on the money deposited. These days there are several new options to the savers and different types of savings account that are available in the market. Following are few of the savings accounts:

Instant access accounts

They best way to deal with your emergency fund is to go for an instant access account. In these types of investment plans you can withdraw your money whenever needed that too without any unpredicted expenditure.

Notice accounts

In this kind of savings plan you can not get at your money any time. It takes a certain period of time, i.e. the notice period to mature your account. This notice period does not have to be a long one. Even a ninety days notice period also works.

Regular savings account

In this plan you have to put a certain amount regularly in your account. Most of the times, the bank limits the number of withdrawal against the account.

National savings account

These are the savings schemes that are run by the Government aided National Savings department. Theses schemes offer variety of bonds and accounts. Though these can not be the only monetary solution but this can surely be one of them.

Cash Individual Savings Accounts

This account provides you with the tax free interest. But the most important thing is that you have a limit of deposition each tax year.