introduction for survey of various types of bank accounts, rates of interest offered for one and half or 2 pages
Answers
Survey of various types of bank accounts, rates of interest
Step-by-step explanation:
Rate of interest varies with number of days for Fixed deposits
Fixed deposit account has more interest rate than saving accounts
Most of Banks does not offer interest in current account
Rate of interest in Saving account is almost same for most of Banks
and varies between 2 to 4 % per annum
Deposited Quarterly , Half yearly or Yearly
Rate of interest in Fixed deposit varies with number of days
As Number of Days increases the interest rate also increases
Fixed Deposit interest rate in different banks varies
from 4 To 8 %
Also There are Different schemes depending upon deposit amount
Additional 0.5 to 0.75 % interest rate for Senior citizens is offered by most of the Banks
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