Question

OR
List out the advantages of opening a bank account.
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Answer 1

The advantages of opening a bank account

• Bank accounts are safe
• It is safe for keeping the money either a short period or long period of time.
• It provides safety to your money from theft, fire, natural disasters, etc.
• If you need money and you have a bank account the bank provides you a facility of loan.
• You can withdraw your money easily with the use of ATM card.

Answer 2

bank accounts offer convenience.

they are safe.

its an easy way to save money.

they are cheaper.

it helps us access credit.