How many types of banking accounts? tell me about that
Answers were Sorted based on User's Feedback
Answer / ashid puzhakkal, m.com.,b.ed.
Mainly there are four types of bank accounts. They are
Fixed or terms deposit
Savings deposit
Current deposit or current a/c
Recurring deposit or a/c
| Is This Answer Correct ? | 349 Yes | 60 No |
Answer / danny
- fixed deposit account
- saving account
- current account
-recurring account
| Is This Answer Correct ? | 105 Yes | 40 No |
Answer / keeerthana
THERE ARE FOUR TYPES OF INTREST.THEY ARE
-CURRENT ACCOUNT.RUN MOSTLY BY BUSSINESSMEN.THEY HAVE LOW
RATE O INTRESTS.
-SAVING BANK ACCOUNT.RUN MOSTLY BY ALL PEOPLE.THEY HAVE
MEDIUM RATE OF INTRESTS.
-FIXED DEPOIST ACCOUNT.RUN BY COMMON PEOPLE.HAVE HIGH RATE
OF INTREST.
-RECCURING DEPOSIT ACCOUNT.RUN BY COMMON PEOPLE.HAVE HIGH
RATE OF INTREST.
| Is This Answer Correct ? | 91 Yes | 31 No |
Answer / venkat raju
The Types of Banking accounts are
-Fixed Deposites More than 5 yrs High rate of interest
-Saving Deposites Not More than 5 Yrs Medium rate of
-Currient Deposites Daily transactions low rate
- Recuring DFeposite
| Is This Answer Correct ? | 75 Yes | 43 No |
Answer / sangeetha
• Savings account
• Transactional account
• Joint account
• Low-cost account
• Time deposit / certificate of deposit
• Numbered bank account
• Negotiable Order of Withdrawal account
• Automatic transfer service account
• Money market deposit account
• Individual Savings Account
• Tax-Exempt Special Savings Account
• Transaction deposit
• Nostro and vostro accounts
• personal account
• Overdraft Free Account
These are all kinds of accounts found. But all are not
popular. For more information refer to wikipedia.org. You
will find all the answers.
| Is This Answer Correct ? | 61 Yes | 29 No |
Answer / kirtana.k
the 4 main banking accounts which are popular are;
-savings bank account
-recurring deposit
-fixed deposit/term deposit
-current account
| Is This Answer Correct ? | 23 Yes | 9 No |
Answer / shalabh
saving account,
current account,
recurring account,
fixed deposite.
| Is This Answer Correct ? | 16 Yes | 6 No |
Answer / gowthami
there are four types of banking accounts
tey are:
1 : savings bank account
2 : current bank account
3 : term deposit account
4 : recurring or cumulative deposit account
| Is This Answer Correct ? | 21 Yes | 15 No |
Answer / dig
fixed deposit account
- saving account
- current account
-recurring account
| Is This Answer Correct ? | 42 Yes | 41 No |
Answer / praveen kumar
There are two type of deposit
1-Demand deposit:(a)current a\c
(b)saving a\c
2-time deposit: (a)recurring a\c
(b)fixed a\c
| Is This Answer Correct ? | 2 Yes | 1 No |
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