How many types of banking accounts? tell me about that
Answers were Sorted based on User's Feedback
Answer / ashid puzhakkal, m.com.,b.ed.
Mainly there are four types of bank accounts. They are
Fixed or terms deposit
Savings deposit
Current deposit or current a/c
Recurring deposit or a/c
| Is This Answer Correct ? | 349 Yes | 60 No |
Answer / danny
- fixed deposit account
- saving account
- current account
-recurring account
| Is This Answer Correct ? | 105 Yes | 40 No |
Answer / keeerthana
THERE ARE FOUR TYPES OF INTREST.THEY ARE
-CURRENT ACCOUNT.RUN MOSTLY BY BUSSINESSMEN.THEY HAVE LOW
RATE O INTRESTS.
-SAVING BANK ACCOUNT.RUN MOSTLY BY ALL PEOPLE.THEY HAVE
MEDIUM RATE OF INTRESTS.
-FIXED DEPOIST ACCOUNT.RUN BY COMMON PEOPLE.HAVE HIGH RATE
OF INTREST.
-RECCURING DEPOSIT ACCOUNT.RUN BY COMMON PEOPLE.HAVE HIGH
RATE OF INTREST.
| Is This Answer Correct ? | 91 Yes | 31 No |
Answer / venkat raju
The Types of Banking accounts are
-Fixed Deposites More than 5 yrs High rate of interest
-Saving Deposites Not More than 5 Yrs Medium rate of
-Currient Deposites Daily transactions low rate
- Recuring DFeposite
| Is This Answer Correct ? | 75 Yes | 43 No |
Answer / sangeetha
• Savings account
• Transactional account
• Joint account
• Low-cost account
• Time deposit / certificate of deposit
• Numbered bank account
• Negotiable Order of Withdrawal account
• Automatic transfer service account
• Money market deposit account
• Individual Savings Account
• Tax-Exempt Special Savings Account
• Transaction deposit
• Nostro and vostro accounts
• personal account
• Overdraft Free Account
These are all kinds of accounts found. But all are not
popular. For more information refer to wikipedia.org. You
will find all the answers.
| Is This Answer Correct ? | 61 Yes | 29 No |
Answer / kirtana.k
the 4 main banking accounts which are popular are;
-savings bank account
-recurring deposit
-fixed deposit/term deposit
-current account
| Is This Answer Correct ? | 23 Yes | 9 No |
Answer / shalabh
saving account,
current account,
recurring account,
fixed deposite.
| Is This Answer Correct ? | 16 Yes | 6 No |
Answer / gowthami
there are four types of banking accounts
tey are:
1 : savings bank account
2 : current bank account
3 : term deposit account
4 : recurring or cumulative deposit account
| Is This Answer Correct ? | 21 Yes | 15 No |
Answer / dig
fixed deposit account
- saving account
- current account
-recurring account
| Is This Answer Correct ? | 42 Yes | 41 No |
Answer / praveen kumar
There are two type of deposit
1-Demand deposit:(a)current a\c
(b)saving a\c
2-time deposit: (a)recurring a\c
(b)fixed a\c
| Is This Answer Correct ? | 2 Yes | 1 No |
suppose i joined a company 8th April 2012, and my ctc is 300000 pa. then which tax employer deduct tds or pf and haw much tax deduct pm, where tax exemption limit is 2lac
what is bank rate
1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?
what is undisclosed profit? explain
what is difference between provision and reserve ?
why we prepare the brs
WHAT IS INTEGRAL ACCOUNTING
0 Answers Cognizant, Genpact, Integrated,
What is called Take Over?
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
Expand ________ACAT
The following suggestions are under consideration: (a) 10% reduction in price to yield an increase in sales volume from 6600 to 7400 units. Current unit price Rs. 1,000 Unit variable cost Rs. 500 Fixed cost Rs. 30,00,000 Prepare a statement comparing gross revenue, profit, contribution and P/V ratio of the two alternatives with present results. Which suggestion would you recommend?
What is Insider Trading ?