Question

lest out the advantages of opening a bank account​

Answer 1

Dued....

Bank account holders get advances and loans..

The current account holder can obtain an overdraft facility from his bank. The recurring and fixed deposit account holders can get a loan upto 75% of the amount to their credit. The savings account holders can also obtain loans to purchase computers and such other equipments.

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Answer 2

• Bank account offer convenience.
• bank accounts are safe. your money is protected.
• it's an easy way to save money.
• bank accounts are cheaper.

bank accounts help you access credit.

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