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Is more suited individuals who areoffered by almost all leadinmoney transfers like businessmen, firms, companies, organizations, public enterprises, etc. At an ATM, we are always faced with the option of choosing between a Savings Account or a Current Account. These are two kinds of accounts which have been set up to serve different purposes and address the financial needs of different kind of users required to carry out frequent banks usually do not provide any interest. This is due to the fluid nature of the account which allows frequent transactions. However, both these accounts are different from each other in various aspects. Read on to find out more about what each of these accounts have to offer. Savings account : ideal choice for any individual who earns a steady or regular income like salaried employees. At an ATM, we are a lways faced with the option of choosing between a Savings Account or a Current Account. These are two kinds of accounts which have been set up to serve different purposes and address the financial needs of different kind of users.savings accounts are The people of the town were staring at the sight of two swans carrying a turtle in the sky. "Look at that! This is a rare sight that two birds are carrying a turtle with the help of a stick", they shouted in admiration. offered by almost all leadinmoney transfers like businessmen, firms, companies, organizations, public enterprises, etc. At an ATM, we are always faced with the option of choosing between a Savings Account or a Current Account. These are two kinds of accounts which have been set up to serve different purposes and address the financial needs of different kind of users banks in India. Savings Account: Will usually earn you an interest between 4% to 6% on a pre-specified basis. Since these accounts do not allow unlimited transactions, it is easier to accumulate more funds over a period of time. Current Account: In the case of current accounts, This type of account is also ideal for those who have any short term financial goals to meet like a future vacation, financing a wedding, buying a car etc. current account :
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