Question

write a short note on
1. saving bank account opening form
2. locker requisition form
3. kyc form

Answer 1

1. Savings bank account opening form must be filled when you want to open a savings bank account in a particular bank.

2. The locker requisition form is used when you want to open a locker in a particular bank.

3. KYC stands for Know your customer, this form is used by the bank to know all the details of their customer. It must be filled by all the customers

Answer 2

Answer:

Saving account

A saving account is a basic type of bank account that allows you to deposit money, keep it safe, and withdraw funds, all while earning interest. Savings accounts offered by most banks, credit unions, and other financial institutions are FDIC insured and typically pay interest on your deposits.