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

Answer Posted / ravi kiran

saving bank account is use for a stipulated period and with
a specified percentage of interest,the interest and be fixed
or fluctuating.

current account is mostly used by business men or people who
have to deposit and withdraw money on daily basis.

Is This Answer Correct ?    97 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Walk me through a DCF…

718


What is plastic money? How is it better than the cash?

634


What is ABSA account?

689


What is a fund flow statement?

619


DOW stock exchange belongs to which country?

680






What are the programs available after crossing nbet exam?

608


What are the main duties and responsibilities of a finance executive?

547


Where can I apply for tmb entrance exam?

617


comment calculer p/v a la bourse

1631


What are the numbers of shares on NSE and BSE?

680


What are nationalized banks?

759


What Are Payroll Cards?

762


Do you know what negative interest rate policy is? Why does Japan adopt it?

596


How can you operate a desktop from a remote location?

605


What Is Non-traditional Options?

638