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23 August 2013 what are the advantages of current account to the BANK ?

Mohan Verma

Mohan Verma (Expert)
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23 August 2013 Current Account is for Businessman only just because they can do transactions as they want to do in a single day without any limit but in case of Saving Account you can't do this

Querist : Anonymous

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26 August 2013 thank u sir for the answer, but i wanted to know that banking is also a kind of business so why do the offer this current account facility? do they take some extra charges from the costumers or what what is THEIR benefit in offering this type of deposit facility..

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Mohan Verma

Mohan Verma (Expert)
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28 August 2013 They also earn income By the way of various types of charges on current account

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