what is the difference between savings bank account and
current bankink account?
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Answer Posted / sudheer
saving bank accounts are maintained by private individuals
as well as retail financial institutions...
current bank account is designed specially for business
community
saving bank account holder as 2 maintain minimum cash
balance..where there is no need of maintaining minimum
balance for current account holder.
no overdraft facility is available 4 saving account
holder...overdraft facility is available 4 current account
holder.
| Is This Answer Correct ? | 8 Yes | 4 No |
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