Question

difference between saving account and fixed deposit​

Answer 1

Step-by-step explanation:

A saving account is a bank account which is generally opened by salaried individuals. The main objective of a saving bank account is to encourage and promote savings. A fixed deposit account is a bank account which requires a fixed sum of money to be invested for a fixed period of time.

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Answer 2

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• A saving account is a bank account which is generally opened by salaried individuals. The main objective of a saving bank account is to encourage and promote savings.
• A fixed deposit account is a bank account which requires a fixed sum of money to be invested for a fixed period of time.