Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between savings bank account and
current bankink account?
- 12 Answers
- 36324 Views
- Ing Vysya Bank, I also Faced
- E-Mail Answers
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 |
Post New Answer View All Answers
What is the Bank of England base rate/Fed funds rate as of this morning?
What is debtors turnover ratio? What propositions should be kept in mind while working with them?
What are the various money market instruments?
How are angel investors opposite to venture capitalists?
What Are The Different Types Of Loans Offered By Commercial Banks?
What Is The Securities Transaction Tax?
Can Share Holders Transfer Their Shares of Joint Stock Company?
What is current GDP of India?
What does 'call' in marketing mean?
What is the penal interest charged in your bank? Have you ever refunded it?
What is refinancing?
What are the implications of OROP?
What is term repo?
What is the meaning of refinance?
What is national banking entrance exam (nbet) and who conducts it?
