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 |
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