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49. What is one of the similarities between current account and savings account?

misbarizvi785: A savings account is most suitable for people who are salaried employees or have a monthly income, whereas, Current Accounts work best for traders and entrepreneurs who need to access their accounts frequently. Savings accounts earn interest at a rate of around 4%, while there is no such earning from a Current Account.

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Answered by XxbabygirlXx22

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What is one of the similarities between current account and savings account?

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While a Savings Account is one wherein you deposit your savings with the bank and earn interest on the same, a current account is one where you deposit money to carry out business transactions.

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49. What is one of the similarities between current account and savings account?​

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49. What is one of the similarities between current account and savings account?