Question

what are the three benifite of demand deposite​

Answer 1

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1. Benefits:
2. People have the provision to withdraw the money as and when they require. ...
3. People's money is safe with the banks.
4. It earns certain amount as interest.
5. There is the provision to withdraw the money as and when depositors require.
6. There is an easy provision to take loan from the banks to the depositors.