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

Answers were Sorted based on User's Feedback



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.

Is This Answer Correct ?    0 Yes 0 No

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.

Is This Answer Correct ?    10 Yes 28 No

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