Difference between Saving and current accounts?

Question

Accepted Answer

Saving accounts are for saving money and earning interest, while current accounts are for frequent transactions.

Saving accounts offer higher interest rates than current accounts.
Current accounts have no limit on the number of transactions, while saving accounts have a limit.
Saving accounts are ideal for long-term savings, while current accounts are suitable for day-to-day transactions.
Examples of saving accounts include fixed deposit accounts, while examples of current accounts include checking accounts.
Saving accounts usually require a minimum balance, while current accounts may or may not have a minimum balance requirement.

Accepted Answer

Saving account me saving ki jati hai or current account business ke liy use hota hai

Accepted Answer

Saving account is opened in the name of persons ,But current account is opened in the name of companies

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