Business Studies, asked by rachnakoushal1985, 9 months ago

What do you mean by multiple option deposit account. Write it's features and benefits and write it working also

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Answered by Anonymous

The Multi Option Deposit (MOD) Account is a combination of Savings Bank or Current Account with Term/ Special Term Deposit Accounts, so that one can securely write cheques upto the balance in the MOD account or upto the drawing power available as overdraft in the Current account.

Answered by riyaanrokani

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