How many types of banking accounts? tell me about that
Answers were Sorted based on User's Feedback
Answer / b.kamchi
kindly define Nostro and vostro accounts. and how corporal
account can be made,pliz share its procedures.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / arvind kumar
there are only three kind of banking account
1. cheking account which is called current account
2. saving account
3. money market account
4. certificate of diposit which known as fixed deposit
| Is This Answer Correct ? | 17 Yes | 17 No |
Answer / rashid
Current Account,Savings Account
Recurring Account,Fixed Deposit
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / arshiya
There are mostly 3 types of accounts:
1.saving bank account.
2.current bank account.
3.recurring bank account.
| Is This Answer Correct ? | 12 Yes | 13 No |
Answer / radhe shyam
There are 6 types of Accounts
1 Current Account
2 Fixed Account
3 Saving Acccount
4 Recurring or Commulative Account
5 Flexi/ Hibride or 2 in 1 Account
6 Insurance Bank Account
other All Accounts is the Part of Above Account
| Is This Answer Correct ? | 9 Yes | 12 No |
Answer / neeru barthwal
one is fixed second is saving third is current fourth is
recurring
| Is This Answer Correct ? | 27 Yes | 31 No |
Answer / ali
two types
1 recurring
2 saving
I gave this answer b'coz i have studied only 2 types
| Is This Answer Correct ? | 8 Yes | 15 No |
Answer / anita baliarsingh
Generally there are 3 types of account.
1. Current Account: No interest
2. Saving Account: Small interest
3. 2 in 1 Account: Absolute Liquidity & higher rate of
interest
The 2 in 1 Account is used in some banks.
| Is This Answer Correct ? | 24 Yes | 42 No |
Answer / naparajesh
Savings bank, current, fixed deposit, escrew, nRi external,
FCNR, vastro, Nastro account
| Is This Answer Correct ? | 22 Yes | 59 No |
Answer / rajesh
Savings deposit
Current deposit or current a/c
Recurring deposit or a/c
open cash credit account
foreign curreny non resident a/c
escrew a/c
| Is This Answer Correct ? | 78 Yes | 123 No |
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