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In Salary Account 0 balance is allowed and in saving account minimum balance required

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Q: What is the difference between saving account and salary account in bank?
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Difference between current account and call deposit account?

A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.


What is the Difference between saving bank rate and Deposit rate?

deposit rate interest rate paid by the depository institution on the cash on deposit where as saving bank rate is interest paid by the banking institution on saving account holder which is calculated on daily basis and credited to customer account quaterly or semi annually.


Saving account minimum balance of ICICI?

It depends on the type of account you have. For ex:For a regular savings account you need a quarterly minimum balance of Rs. 10000/-For a Salary account - it is '0'For a Savings account with a Gold Debit card - it is Rs. 50000/- quarterly balanceEtc.


What are the types of bank accounts in Pakistan?

1.fixed deposit account 2.saving account 3.current account 4.home saving account 5.family saving account


What is Free account?

My saving account


What account is similar to a saving account?

Current Account


How many type of accountant?

Specially there are2 type of bank accounts that we generally consider that are as follow: 1.Saving Account:- used by any customers who has an account in that bank, generally used for saving deposit also for primary salary account. 2. current/Checking account :Generally given to the bank's primary customer. the benefit of this account is that a customer can transfer a large amount and might be a greater sum than their original account balance.


What is the difference between saving and investing?

Saving is when you put money in the bank in a savngs account or you are careful not to buy articles that are expensive by looking first and then buying. Investing is when you buy something that is of value, for example a house or property. You may later sell the asset and get a profit from the sale. Hope my answer is of help


What is the difference between economic and economical?

Economic = to do with money Economical = something that is money-saving


What is the difference between daylight saving time in Samoa and Daylight saving time in New Zealand?

None; they follow exactly the same schedules.


What is the difference between saving and savings?

Saving is puting money or goods away for future use, savings are the goods or money that have been collected.


How many Types of bank accounts?

Specially there are2 type of bank accounts that we generally consider that are as follow: 1.Saving Account:- used by any customers who has an account in that bank, generally used for saving deposit also for primary salary account. 2. current/Checking account :Generally given to the bank's primary customer. the benefit of this account is that a customer can transfer a large amount and might be a greater sum than their original account balance.