Business Studies, asked by NataHora, 1 year ago

What are the advantages of opening a bank account ?

Answers

Answered by sony3
5
we can deposit money
we can take loan
Answered by PADMINI
2

There are many advantages of opening a bank account. Some of them are :-

  • Bank accounts are safe to deposit our savings for both short and long periods.

  • Bank accounts are easy and convenient for making and receiving payments.

  • we can easily make payments by using internet banking.

  • Banks provide all types of loan facilities such as personal loans, home loans, education loans, etc.

  • Bank accounts allow us to make online payments worldwide.

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