New Delhi, Aug. 16 -- A healthy bank balance provides undeniable peace of mind. Knowing you can effortlessly cover unexpected bills, routine living costs, or urgent crises brings genuine psychological relief. However, hoarding excessive cash in a standard savings account past a certain point shifts from a smart safety net to a financial disadvantage-particularly if you won't need those funds for years to come.

This is a common trap. Salaries, performance bonuses, and extra earnings flow into an account month after month, causing the balance to swell quietly. Because investing feels intimidating or easy to postpone, several lakhs often end up sitting dormant over time. While the principal remains secure, low interest yields mean your weal...