what is the difference between savings bank account and
current bankink account?
Answer Posted / afsal hussain
Saving Bank A/c is maintained by Individuals for money
saving purpose with a stipulated interest. And limired by
the withdrawal amount.
Current Bank A/c is for Business Organizations/Businessmen
for the transaction on daily basis. No interest is allowed
and not restricted on withdrawal limit.
Is This Answer Correct ? | 5 Yes | 2 No |
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