Account

A lot of banks offers customers to open bank account. Before you open an account first you had to select which type you want like savings, current, fix deposit etc.

Fix deposit is a type in which you had to deposit an amount of money for a fix period of time. In that fix period of time you get profit against your deposit.

Savings account is in which you deposit your money and get profit but there is no time period restriction. You can withdraw your amount any time. Still there are some restriction like minimum balance, withdrawal amount and others.

To better understand the different types and conditions of bank accounts you can read the packages offered in details or ask the financial representative.