Give reasons "Saving account deposits are usually opened by salaried class".
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Explanation:
A savings account is a basic type of bank account that enables an individual to deposit the cash, maintain it secure and withdraw it at any moment while earning interest.
Salaried individuals usually open their savings account. With a tiny quantity, this account can be opened and it helps individuals save their additional revenue. Any time subject to some restriction, the sum from this account can be withdrawn. Banks offer some interest on these deposits as well.
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