answersLogoWhite

0


Best Answer

A Returnable Deposit is one in which a bank accepts a deposit from a customer and returns it to the customer when he/she wants to take it back. Some of the types are:

a. Savings Account Deposits

b. Checking Account Deposits

c. Fixed Deposits

d. Recurring Deposits

e. etc.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the nature of returnable deposit?
Write your answer...
Submit
Still have questions?
magnify glass
imp