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What is the Difference between saving bank rate and Deposit rate?
Wiki User
∙ 11y ago
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.
Wiki User
∙ 11y ago
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What is the difference between a deposit slip and a withdrawal slip?
I'm not a 100% but a think that withdrawal is when you take money out of your bank account. And a deposit is when you put money in your bank account.
What is a saving deposit slip?
A deposit slip issued by your bank for depositing money or checks into your savings account.
Discuss why there is a difference between cash book and bank statement balance in bank reconciliation?
What do we write in entry account heading in bank reconcilation statment " deposit not shown in bank "
How do you write a letter to bank manager for closing fixed deposit?
To Manager Subject: Closing Fixed deposit account. This is to inform you that, My Fixed deposit will mature on 01/12/2012, Kindly request you to transfer the fixed deposit to my Saving account, details are mention below. Name: Saving bank account: your faithfully *****
What is the difference between saving account and salary account in bank?
In Salary Account 0 balance is allowed and in saving account minimum balance required
Swift code of chase bank in Phoenix?
i want to deposit from london uk bank in my saving acount in phx . what is the swift code than my ac no .how can deposit or tt from other bank of london uk
Difference in deposit and remit?
I think it's all how you use it in a sentence; example, "I made a deposit at the bank" or "you can remit your deposit to the bank". I could be wrong but that's my understanding.
What is the importance of bank reconciliation statement?
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
What is the importance of a bank reconciliation statement?
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
What is the difference in counter deposit and deposit?
A counter deposit is made using a blank deposit slip furnished by the bank - the depositor has to write in their own name and account number. A deposit is typically made with a pre-printed deposit slip that the depositor brings to the bank with them.
What do the people do to deposit their saving in a bank?
To deposit their savings in a bank, people typically visit the nearest bank branch or use online banking services to transfer funds from their personal account to their savings account. They can also deposit cash or checks into their savings account through an ATM or mobile deposit.
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
