WebThere are several types of bank accounts which include: 1. Savings Account. There are 2 major savings accounts which include: Basic Savings Bank Deposit Accounts (BSBDA) and Basic Saving Bank Deposit Accounts Small scheme (BSBDS). The interest rate of the savings account received by the user is about 4% to 5% annually. WebWhich of the following account type is the most common one and allows a person to deposit money and withdraw funds according to the depositor’s convenience? A) Current Account ... Explanation: In Basic Saving bank Deposit Accounts Small scheme (BSBDS) Cash withdrawals and transfers cannot exceed Rs.10, 000/- in a month.
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WebDec 20, 2016 · From Wikipedia. the free encyclopedia. Recurring Deposit is a special kind of Term Deposit offered by banks in India which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed Deposits [II It is similar to making FDs of a certain amount in ... WebJun 11, 2024 · There is no requirement of minimum balance amount for these customers but there are a few restrictions in the operation of the account. BSBDS accounts can, … flat bed sewing machine case
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WebDec 1, 2024 · Since Census 2011, RBI and Government of India initiated various measures like relaxing the KYC norms, an opening of BSBDs accounts, direct bank transfer, Pradhan Mantri Jan Dhan Yojana, etc ... WebManage financial accounts. If you have a health savings account (HSA), flexible spending account (FSA) or health reimbursement arrangement (HRA) through AccrueHealth, you can use My Health Toolkit to view account balances and more. Access tools and resources flat bed sewing machine price