Diff between passbook and bank statement

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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details