Banking

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narendra agarwal (Querist)
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10 January 2014 Please tell me diff. B/w saving a/c and fixed deposit a/c...and also.tell me from whre i get max. Return.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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11 January 2014 i am sorry for the way I am going to answer this....

You are either already a chartered accountant or going to be one in near future.

The question you have asked is one of the basic ones which even a non-commerce person should know.

So, please start working on your basics..and don't use this forum as a replacement for hardwork and common sense..

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 January 2014 fixed deposit is an account where you invest in a sum for fix period for fix int eg say in bank of india for 1 year rs 50,000 @ 9% interest rate.

saving a/c is for individuals for saving their earnings for nominal int rate say 4%.

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