Economy, asked by priyaraj71789, 11 months ago

why people prefer to deposit the surplas money in the bank​

Answers

Answered by harsha20046019
4

Answer:

because they get more interest by the bank when you deposit surplus money your income will be more

Answered by Vickypanjiyar
3

Hello!

It is very risky to keep savings at home

And since Bank provides interest on your deposits.

That's why people prefer to deposit surplus amount.

Similar questions