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The different types of banks in India are:

  1. Commercial Banks
  2. Investment Banks
  3. Retail Banks
  4. Wholesale Banks
  5. Rural Banks
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Q: What is the rate of interest for different types of bank accounts in India?
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What types of bank accounts are presently available on the money market?

There are several types of bank accounts available on the money market, including savings accounts, checking accounts, money market accounts (MMA), and certificates of deposit (CDs). Savings accounts offer a higher interest rate than regular checking accounts and are typically used for long-term savings goals. MMAs offer a higher interest rate than traditional savings accounts but may require a higher minimum deposit. CDs are time deposits that lock in the invested funds for a set period with a fixed interest rate.


What kind of interest rates does Sainsbury Bank offer on their savings accounts?

Currently, Sainsbury Bank offers three types of savings accounts with different interest rates for each.J&RFirst is Online Saver with 2.85% interest rate.J&RNext, Easy Saver has 2.60% interest. J&RLastly, Fixed Rate Saver offers rates from 3.35% to 4.10%


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How many different types of bank accounts do banks offer?

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What are the different types of bank accounts?

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What type of services are offered with a Bank account?

There are many different types of bank accounts and each of them offer different services. Savings accounts offer an interest rate, whereas basic checking accounts don't. One can ask at the local bank for more information which bank account is best for one's individual needs.


Different types of ants in India?

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