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Is saving account differ from current account?
If i will deposit 2 lac which one of these two have better rate of interest?
In Savings Accounts  -  Asked by nirmal pandey -  9 years ago

Best Answer:
Yea, saving account and current account both are different from each other. Saving account is basically for personal use and if somebody wanna keep money in the bank. But if we talk about current account it's normally used for business purposes. To open a current account you should have a business of your own but for saving account that all is not needed. From the view of interest rate saving account pays more as compared to current account but if we compare services offered are better on current account. So i think now you are much clear about these two accounts. Definitely saving account will pay you more rate of interest rather then current account for depositing 2 lac at any bank.
9 years ago - By Sanjay Yadav

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