Difference Between Saving Account & Current Account: बचत खाता और चालू खाता में अंतर क्या है?

Saving Bank Account

Savings Bank Account is for savings, Saving account is basis bank account SB AC service allow to you all needed services a individual for banking, deposit the money & withdrawal money from bank and online options, bank allow to you use a ATM card to any bank ATM for withdrawal amount, online payment at any store, this time many type of payment mode available in saving account, your SB account provide all banking services RD, FD, and other deposit plan take thru this account.

Savings Bank account is open single and jointly individuals, savings account specially open for individuals person men women children, If you keep money in a savings bank account, then the bank gives you interest on it, interest is upto 2% to 6% offers banks different different bank Offer different different offers,

Saving Account Services

Who can open saving account

SB ac allow to you limited transitions per day as per the RBI guidelines, SB basically used for individuals.

How many balance maintain the saving account?

Some minimum balance has to be maintained in the savings bank account. government bank upto 100 to 2000 minimum balance maintain the account, if you not maintain the minimum balance bank some changes collect for minimum balance.

Private bank says to keep minimum balance from 2000 to 5000.

Current Bank Account

Current account called business bank account, CA open for business purposes,

Who can open this account?

1. any individuals who make many transitions per day done as per the normal individuals and unlimited transitions done thru this ac required person can open this type of account, 2. any firm open this type account, 3. Company, 4. Trust.

How many balance maintain in the current account?

Between 2000 and 5000 have to be kept in the minimum balance in current account of the government bank.

5000 to 10000 has to be kept in private bank current account.

If you don’t maintain the minimum balance then charge by the bank, private bank charge very high compare then government bank.