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Editza Editza
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What are the different features and services of a saving account and current account?

Jo W by Jo W
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Masses of relevant info on both types of account at http://www.moneysavingexpert.com/banking…
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Other Answers (1)

  • smahadevan39 by smahadev...
    Member since:
    September 20, 2008
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    42,727 (Level 7)
    Current accounts are mainly for business purpose with a lot of operation. no interest is paid on the balance of current account. Savings Bank account as the name implies mainly for savings and only a few operations are permitted per month. In India 4% interest is paid every half year on the daily balance of SB account..
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