Saving interest rates offered by banks in India today range from 3.50% to 7.00%, however; "Conditions Apply", like minimum balances, different interest rates for different amounts maintained over different time periods, etc. with a mandatory requirement to open a bank account with them.
But with Sqrrl, we work with your existing bank account and get your money invested in Money Market Funds & Liquid Funds where the historic returns on the investments have been around 7% and all this is done without compromising the safety and liquidity of these investments. This makes Sqrrl Away a highly coveted offering.