SUMMIT NIGAM

• Oct 23rd, 2007

 

The basic difference between saving and current account is that we get interest on saving account. but we don't get interest on current account . even we have to pay for the transactions. there is limitation on number of transactions in saving account but there is no restriction on number of transactions of current account. so generally current account is maintained by company and business houses.

Nishchint_2006

 Profile Answers by Nishchint_2006 

• Jul 13th, 2008

 

one more difference is overdraft facility available on current account where as no such facility is available in saving bank a/c.The basic difference between saving and current account is that we get interest on saving account. but we don't get interest on current account . even we have to pay for the transactions. there is limitation on number of transactions in saving account but there is no restriction on number of transactions of current account. so generally current account is maintained by company and business houses.->Nishchinth