banner_ad

Diff between passbook and bank statement

Others 30720 views 9 replies

what is the difference between passbook and bank statement ?

Replies (9)
Both are same. Just looking is different. Passbook is diary type book given by bank; and can be use to print transaction entry. Bank statement is loose papers given by bank as request interval.
Passbook is mainly related to saving account & bank statement is related to current account
Both are the Same. Lookwise there is some difference. Passbook is diary type and statement is printed on piece(s) of paper. Statement is usually given to current account/ cash credit holders whereas the passbook is given to savings banks account holders.

On the basis of Purpose:

Both are same as both serve same purpose i.e. tracking transactions done in account

On the basis of issuer:

Passbook (book format) is mainly issued by government owned or public sector nationalised (like OBC,Vijaya Bank, canara bank,etc) banks whereas the bank statement which is in paper format generally sent by Private banks

On the basis of Updation:

For transaction updation, you need to go personnaly to get updation of transaction till that date whereas the Bank statement which is periodaclly (monthly) sent is the detail transaction for a particular month for which it pertains to.

Tried to incorporate new point

 

hope now cleared

Passbook has photo identity and money withdrawals with its support will be helpful. Statement does not provide identity.

Passbook = Saving Account

Statement= Current Account.

 

Sorry but, Passbook can also be alloted to a current account holder.

Passbook = saving a/c means only to saving account holder.

Bank statement is chargeable, while passbook updation is FOC.

 

Passbook is for you referral and is given fro your convenience  whereas for bank statement you must request your bank for the same and comes printed in pages


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details