Draw a line between current and savings account

Adarsh Credit draws a difference between savings account and current account

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Adarsh Credit Co-operative Society has constantly helped its customers to learn about various financial products and services.

This time Adarsh Credit is here with a few differences between current account and savings account to provide you a deeper insight about each one.

Why? Savings account is to encourage savings by providing high interest rates.

Current account is meant for easy and frequent regular transactions.

For? Ideal users of savings account are the salaried employees who need savings for basic necessities.

Current account is made for those who need to carry out multiple frequent transactions.

Interest Rates The savings account interest rates are higher as the amount is deposited for a longer period of time.

There are no interest rates for current account due to regular transactions.

Visit: http://adarshcredit.in/ To get access to all the financial products by Adarsh Credit Co-operative Society