Banking - MoneyInsureHub

Current Account vs Savings Account – Know the Difference

June 13, 2022 by Gurjeet Singh

In this article, we are going to know about the basic difference between a saving account and a current account. Saving and current accounts are designed for different purposes and have different features. A Saving account is basically for people who want to save whereas a current account is made for regular transactions, especially for … Read more

Types of Bank Accounts Exist in India With Features

June 3, 2022May 31, 2022 by Gurjeet Singh

In this article, we will learn about different types of bank accounts. In India commercial banks are divided into four categories: Public or Nationalized banks, Private banks, Foreign Banks, and Cooperative banks. Now traditionally, banks in India have six types of deposit accounts 1. Current Account2. Savings Account3. Recurring Deposit Account4. Fixed Deposit (FD) Account5. … Read more