what is the difference between the saving account and fixed deposit account
Answers
Answered by
6
Answer:
mark me brainlinest plzzzz
Explanation:
Savings account is a personal bank account maintained by individual customers to deposit their personal savings and undertake their personal monetary transactions.
Fixed deposit account is an account in which a customer deposits money for a specified fixed tenure and at a specified interest rate.
Answered by
0
Answer:
difference between saving account and fixed account
Explanation:
fixed account deposits have locked- in period which limits unesccary withdrawal of money until maturity a savings account on the other hand enables you to withdraw any any amount at any time which proves detrimental to your goal wealth of appreciation
Similar questions