Social Sciences, asked by adila4814, 6 months ago

What are demand deposite?why do people deposite their money in the bank
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Answers

Answered by fiction200512
2

Answer:

Demand deposit is a deposit in which a customer can withdraw money whenever they want and they also get interest on that.

People deposit there money to make sure that there money is safe and secure and also they also get many different scheme from banks to increase the money value.

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