Welcome Guest. Sign in or Signup

3 Answers



  1. macral on Jan 22, 2011 reply

    Current Account:
    A bank deposit that can be withdrawn by the depositor at any time.
    http://www.eagletraders.com/other/glossary_fin_terms.htm

    Savings account:
    Money kept in a bank or savings and loan association for safekeeping. Savings accounts earn interest on all money kept in the account.
    http://www.your-financial-advisor.com/terms.htm

    Fixed deposit:
    a deposit of money, generally with a bank, finance company or large corporation, repayable on a certain date. Interest may be payable at regular intervals during the term of the deposit or on withdrawal. Top
    http://www.blf.com.au/glossary/

    -1 Votes Thumb up 0 Votes Thumb down 1 Votes



  2. Hudda on Jan 22, 2011 reply

    Current Account
    IN this account you can do many transaction in same day or in a month
    in current account you can also use your much money to transact or withdraw.

    Savings Account
    Savings account is like a few facilities like you can do only some few transaction i think 25 within a month & you cant deposite more than 50000 k & cant withdraw same money.

    +1 Votes Thumb up 1 Votes Thumb down 0 Votes



  3. Geetha on Jan 22, 2011 reply

    Current account: A non interest bearing account in which you can deposit and withdraw money

    Savings Account: Same as above except that there is a nominal rate of interest and number of withdrawals is limited to a certain number in a half year.

    Fixed Deposit: A scheme whereby you deposit a certain sum of money for a specified period at a contracted rate of interest. Withdrawal of the money before the specified maturity may result in loss of interest or some other penalty.

    +1 Votes Thumb up 1 Votes Thumb down 0 Votes




+Admin


Subscribe to Professional Answers on Investments by Email

Note: You will soon get email from Google Feedburner to confirm your subscription.


Professional Answers on Investments


If you are not satisfied with the above answers, tell us below and we will give you right answer.

OR

If you know the better answer, post below and prove your knowledge.


Answer Question

Do you like this website? Get future updates via our Free newsletter.

Email ID:

 
 

InvestmentKit is also available in

USA

Australia

Our Network:

InvestmentKit.com DodaCharts.com IndianPostOffice.Helpof.com AnswersKit.com SBILifeInsurance.Helpof.com RTILeaks.com
PaisaYehPaisa.com PublicProvidentFundIndia.com TechnologyPedia.com MoneySavingsHelp.com VedicAstrologyKit.com OneReviewADay.com
YellowPagesKit.com InvestmentKit.us Saatwik.com   InvestmentKit.com.au  
 Privacy and Disclaimer  

 www.InvestmentKit.com

     
Insurance is the subject matter of solicitation.

Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing.