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Teja Swi

Updated on Jun 11, 2021others

What are the different types of bank accounts?

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1 Answers

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Answered on Jun 11, 2021

Being a housewife, children or pension holding person, a bank account can be very helpful for the transaction of day-to-day or business related also. Some of the bank accounts present in India are:

Current accounts, these are the accounts which are used by business owners, entrepreneurs to make and receive payments for their businesses.

A Savings account is a regular kind of account where you can have a minimum amount and earn interest with all the transactions made.

Salary account, this account is tied between employer and the bank where the salaries of each and every employee is credited according to their pay cycle.

Also Read :- How do I open an Indian bank net banking online without going to a bank ?

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ABOUT THE AUTHORVanisha Anand

Hey! I am Vanisha Anand from indore, and i am pursuing graduation right now.

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