What are the types of accounts in a bank.

Question

Accepted Answer

Types of accounts in a bank include savings, current, fixed deposit, recurring deposit, and NRI accounts.

Savings account: for individuals to save money and earn interest
Current account: for businesses to carry out transactions
Fixed deposit account: for individuals to deposit a lump sum for a fixed period of time and earn higher interest
Recurring deposit account: for individuals to deposit a fixed amount of money every month for a fixed period of time and earn interest
NRI account: for non-resident Indians to manage their finances in India

Accepted Answer

savings account , current account , cc account , demat account , etc

Accepted Answer

Types of accounts in bank include savings account, current account, fixed deposit account.

Accepted Answer

Current account a current account is a deposit account for traders, business owners, and entrepreneurs who need to make and receive payments more often than others.
Saving account
Salary account
Fixed deposit account
Deposit account
NRI account.

What are the types of accounts in a bank.

Top HDFC Bank Accounts Executive and Cashier interview questions & answers

Popular interview questions of Accounts Executive and Cashier

Top HR questions asked in HDFC Bank Accounts Executive and Cashier