Short Note on Savings Bank Account

By | January 3, 2018

#Daily_One_Banking_Term
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➡ Savings Bank Account:

▪️ All banks in India are having the facility of opening savings bank account with a nominal balance.

▪️ This account is used for personal purposes and not for business purpose and there are certain restrictions on withdrawals from this type of account.

▪️Account holder gets nominal interest in this account.

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