what is the difference between savings bank account and current bankink accoun

what is the difference between savings bank account and
current bankink account?

Question Posted / naresh

12 Answers
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what is the difference between savings bank account and current bankink account?..

Answer / jack

savings bank account means future investment and current account means present investment.

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what is the difference between savings bank account and current bankink account?..

Answer / srinivas annavarapu

A simple definition / descriptions are

Savings Account : is being held by a person individually or
jointly.

Currenct account : is being held by a person @ an official
responsibility (proprietor, director etc) of an
organisation / business irrespective of size which reflects
their business transactions / operations.

The interest paid for both the accounts would be same
almost.

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