Different Types Of Bank Accounts in India: Meaning, Use, Features, Importance
![Different Types Of Bank Accounts in India: Meaning, Use, Features, Importance](/_next/image?url=https%3A%2F%2Fwww.urbanmoney.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F06%2FTypes-of-Bank-Accounts.jpg&w=3840&q=75)
- Personalized solutions
- Expert guidance
- Application assistance
- Credit score discussion
- Interest rate comparison
![](/_next/image?url=%2Fassets%2Fimages%2Fformbodybg.png&w=1920&q=75)
![](/_next/image?url=https%3A%2F%2Fwww.urbanmoney.com%2Fblog%2Fwp-content%2Fuploads%2F2024%2F03%2Fkriti-96x96.png&w=128&q=75)
![](/_next/image?url=https%3A%2F%2Fwww.urbanmoney.com%2Fblog%2Fwp-content%2Fuploads%2F2024%2F07%2FWhatsApp-Image-2024-07-10-at-15.23.18_40660c62-96x96.jpg&w=128&q=75)
In today’s complex financial landscape, understanding the various types of bank accounts is more crucial than ever. Bank accounts have evolved far beyond mere repositories for money. They have become powerful tools tailored to meet our unique financial needs. Each option offers a distinct purpose, from the simplicity of savings accounts to the flexibility of NRI accounts.
Did you know that in 2021, there were approximately 7.97 billion bank accounts worldwide? That’s a staggering number, reflecting the importance of banking in our daily lives.
In this blog, we aim to provide you with an overview of the different types of accounts in banks and their unique features. Whether you’re a seasoned banking veteran or just starting your financial journey, understanding the options available to you is crucial for making informed decisions about managing your money.
Types of Bank Accounts
In India, several types of bank accounts are designed to cater to individuals’ diverse financial needs. Let’s explore each of them with a touch of human connection.
Savings Account:
A savings account is the most common type of bank account used by individuals for everyday banking needs. Its primary purpose is to provide a secure place to deposit and manage your money while earning a modest interest. Savings accounts are suitable for personal use, offering features like ATM/debit cards, online banking, and easy withdrawal facilities. They are available to both residents and non-residents of India.
Benefits of Savings Account:
- A savings account provides a sense of financial security.
- Opportunity to earn interest on your deposited money
- A savings account offers liquidity and easy access to your funds.
- Having a savings account acts as a financial safety net during emergencies.
- A savings account helps you stay focused on your financial objectives.
Eligibility Criteria to Open a Savings Account:
- The applicant must be at least 18 years old
- Identity proof documents such as an Aadhaar card, passport, Voter ID, etc.
- Address proof documents such as utility bills, Aadhar Card, etc
- KYC documents such as PAN card, Aadhaar Card, and photos.
Current Account:
A current account is typically opened by businesses, self-employed individuals, and professionals who require frequent transactions and higher withdrawal limits. It is specifically designed to facilitate daily financial operations, such as making payments to suppliers, receiving payments from customers, and managing cash flow. Current accounts usually don’t offer interest but provide facilities like overdrafts and chequebook issuance.
Benefits of Current Account:
- Provides convenience and flexibility for your day-to-day banking needs.
- You can efficiently manage your finances.
- Current accounts often come with a range of additional banking services.
- Availability of an overdraft facility.
- For businesses, a current account is essential for managing financial operations smoothly.
- Having a current account establishes a relationship with a bank or financial institution.
Eligibility Criteria to Open a Current Account:
To open a current account, certain eligibility criteria need to be met. Here are the typical requirements:
- A current account is primarily meant for businesses, so the eligibility criterion has a legally recognised entity. This includes partnerships, sole proprietorships, limited liability partnerships (LLPs), private limited companies, public limited companies, and other registered entities.
- Proof of business registration is essential when opening a current account. This can be in the form of a certificate of incorporation, partnership deed, memorandum of association, articles of association, or any other legally recognised document that establishes the existence of your business.
- As an account holder, you’ll need to provide valid identity proof.
- Proof of the business address is necessary when opening a current account. You can provide documents such as a recent utility bill (electricity, water, gas), rent agreement, property tax receipt, or any government-issued address proof.
- KYC documents
- Depending on the nature of your business, you may need to provide additional documents as proof of the business.
Recurring Deposit Account:
A recurring deposit (RD) account is an excellent savings option for individuals who want to save a fixed amount regularly over a specific period. RDs help inculcate a disciplined savings habit and offer a higher interest rate than regular savings accounts. They are suitable for people with a regular source of income and require a low initial deposit.
Benefits of Recurring Deposit Account:
- It promotes disciplined savings by allowing you to deposit a fixed amount each month regularly.
- Offer attractive interest rates that are higher than standard savings accounts.
- It offers a convenient way to build your savings without significant financial commitments.
- Provide flexibility in choosing the tenure of the deposit.
- Recurring deposit accounts provide stability and security.
- A recurring deposit account can serve as collateral for obtaining loans or credit facilities from the bank.
Eligibility Criteria to Open a Recurring Deposit Account:
Certain eligibility criteria need to be met to open a recurring deposit account. Here are the typical requirements:
- The applicant must be at least 18 years old
- Identity proof documents such as an Aadhaar card, passport, Voter ID, etc.
- Address proof documents such as utility bills, Aadhar Card, etc
- PAN card details
- Minimum deposit amount and account details from which investment amount will be deducted
- Bank account details such as passbook and bank statement
- Income proof documents
Fixed Deposit Account:
Fixed deposit (FD) accounts are popular among individuals looking to earn higher interest on their savings. With FDs, you deposit a lump sum amount for a fixed duration at a predetermined interest rate. They offer stability, assured returns, and flexible tenure options. FDs are suitable for both short-term and long-term financial goals.
Benefits of Fixed Deposit Account:
- A fixed deposit account offers a secure investment option with guaranteed returns.
- Provide a predetermined interest rate for a fixed period.
- Offer flexibility in choosing the tenure of your investment.
- Fixed deposits can serve as an additional source of income.
- Fixed deposits can be used as collateral to secure bank loans or credit facilities.
It encourages financial discipline and goal-oriented savings.
Eligibility Criteria to Open a Fixed Deposit Account:
Certain eligibility criteria need to be met to open a fixed deposit account. Here are the typical requirements:
- The applicant must be at least 18 years old
- Identity proof documents such as an Aadhaar card, passport, Voter ID, etc.
- Address proof documents such as utility bills, Aadhar Card, etc
- PAN number
- Minimum deposit amount and account details from which investment amount will be deducted
- Bank account details such as passbook and bank statement
- Income proof documents
DEMAT Account:
A DEMAT account is essential for individuals interested in trading and investing in the stock market. It is an electronic repository to hold shares and other securities in a dematerialised format, eliminating the need for physical share certificates. A DEMAT account enables easy buying, selling, and transferring of securities, making it convenient for investors to participate in the stock market.
Benefits of DEMAT Account:
- A DEMAT account provides a convenient and secure way to store your securities electronically.
- You can seamlessly trade and invest in various financial instruments, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).
- It enables swift and efficient transactions.
- You reduce the risks associated with physical certificates, such as loss, theft, or forgery.
- It ensures you can easily participate in corporate actions, such as dividends, bonus issues, rights issues, and stock splits.
Eligibility Criteria to Open a DEMAT Account:
To open a DEMAT account, certain eligibility criteria need to be met. Here are the typical requirements:
- The applicant must be at least 18 years old
- Identity proof documents such as an Aadhaar card, passport, Voter ID, etc.
- Address proof documents such as utility bills, Aadhar Card, etc
- Bank account details such as passbook and bank statement
- Income proof documents
NRI Account:
NRI (Non-Resident Indian) accounts are specifically designed for Indians living abroad. They allow NRIs to manage their finances in India and facilitate easy remittance of funds. NRI accounts come in different variants, such as NRE (Non-Resident External), NRO (Non-Resident Ordinary), and FCNR (Foreign Currency Non-Residential) accounts, each with its own eligibility criteria, benefits, and features.
Benefits of NRI Account:
- An NRI account provides a convenient platform for managing your finances while residing outside your home country.
- Effortless money transfer to your home country or transfer funds abroad.
- Offer the advantage of repatriating funds.
- NRI accounts may provide tax benefits.
- NRI accounts grant access to various investment opportunities in India.
- For NRIs investing in Indian real estate, NRI accounts are instrumental in managing property transactions.
Eligibility Criteria to Open an NRI Account:
To open an NRI (Non-Resident Indian) account, certain eligibility criteria need to be met. Here are the typical requirements:
- Individuals must hold NRI status
- Valid visa and passport
- Overseas address proof
- Indian address proof
- KYC documents
How to Know Your Account Type?
To determine your account type, you can follow these steps:
- Contact the Bank: The most direct and reliable way to know your account type is by contacting your bank. You can visit the nearest branch, call their customer service helpline, or send an inquiry through their official website or mobile banking app. Bank representatives are well-equipped to assist you in identifying the specific type of account you hold.
- Review Account Documents: Look at the account-opening documents provided by the bank when you initially opened the account. These documents may include terms and conditions, account agreements, or any other paperwork related to your account. They often mention the account type or provide details to help you identify it.
- Online Banking Platform: If you have access to online banking, log in to your account and explore the account summary or profile section. Many banks display the account type associated with your account on their online platforms. This information can be found in the account details or settings sections.
- Bank Statements: Examine your bank statements for any information about the account type. Typically, the account type is mentioned along with the account number, transaction details, and account holder’s name. Regular bank statements often provide insights into the specific account you hold.
- Consult a Bank Representative: If you’re still unsure about your account type, visit the bank and consult a representative in person. They will be able to access your account information, review your banking history, and provide you with accurate details about the type of account you have.
In conclusion, understanding the different types of bank accounts is crucial for managing your finances effectively. Whether you’re looking to save, invest, or transact, choosing the right account type can make a significant difference in achieving your financial goals. You can select an account that aligns with your specific needs and preferences by exploring the various options available.
![](/_next/image?url=%2Fassets%2Fimages%2FICICIBanner.png&w=640&q=75)
About Banking
- Demat Account
- Allahabad Bank Balance Check
- Union Bank Statement Password
- Download Axis Bank Statement
- Bank Reconciliation Statement
- Utkarsh Small Finance Bank Balance Enquiry Number
- DBS Bank Balance Enquiry
- Kotak Balance Check
- SBI WhatsApp Banking
- NEFT Transfer and Settlement Timings
- Axis Bank Customer Care Number
- Indian Bank Customer Care
- Union Bank of India Net Banking
- SEBI
- EFT Full Form
- Union Bank Timings
- Bank Statement
- Indian's Bank Timings
- NEFT Timing
Loans
- 30 Lakh Home Loan EMI
- Yes Bank Personal Loan of 9 Lakh
- BOB Housewife Personal Loan
- ICICI Bnak Housewife Personal Loan
- Kotak Mahindra Bank Personal Loan of 2 Lakh
- HSBC Bank Small Loans
- RBL Bank Personal Loan of 2 Lakh
- IDFC First Bank Personal Loan Balance Transfer
- Union Bank of India Personal Loan of 9 lakh
- Indusind Bank Personal Loan of 6 Lakh
- Indian Bank small loans
- IDBI Bank Salaried Employee Personal loan
- 20 Lakh Home Loan EMI
- Union Bank of India Personal Loan of 8 lakh
- HSBC Bank Overdraft Loan
- HSBC Bank Personal Loan Transfer
- Yes Bank Travel Loan
- Kotak Travel Loan
- HDFC Personal Loan of 2 Lakh
- Canara Travel Loan
- HDFC Personal Loan of 4 Lakh
- SBI Personal Loan of 20,000
- Bank Of Baroda Small Loans
- RBL Bank Travel Loan
- SBI Personal Loan of 3 Lakh
- IndusInd Bank Medical Loan
- SBI Personal Loan of 5000
- SBI Personal Loan of 4 Lakh
- SBI Personal Loan of 40000
- BOB Personal Loan of 7 Lakh
- SBI Personal Loan of 7 Lakh
- SBI Personal Loan of 10 Lakh
- BOB Personal Loan of 50000
- BOB Personal Loan of 10 Lakh
- HSBC Bank Medical Loan
- HDFC Personal Loan of 3 Lakh
- Canara Bank Housewife Personal Loan
- HDFC Personal Loan of 5 Lakh
- SBI Personal Loan of 10000
- SBI Personal Loan of 25000
- Canara Bank Students Personal Loan
- PNB Bank Medical Loan
- ICICI Personal Loan of 10000
- ICICI Personal Loan of 5000
- ICICI Personal Loan of 15000
- HDFC Personal Loan of 1 Lakh
- BOB Personal Loan for Doctors
- BOB Personal Loan of 2 Lakh
- BOB Bank Wedding Loan
- HDFC Personal Loan of 6 Lakh
- Indusind Bank Personal Loan of 5 Lakh
- SBI Personal Loan of 15,000
- ICICI Personal Loan of 20000
- SBI Personal Loan of 30000
- ICICI Personal Loan of 50000
- SBI Personal Loan of 50000
- ICICI Personal Loan of 1 Lakh
- SBI Personal Loan of 1 Lakh
- SBI Personal Loan of 2 Lakh
- Indian Bank Medical Loan
- SBI Personal Loan of 5 Lakh
- SBI Personal Loan of 6 Lakh
- SBI Personal Loan of 8 Lakh
- ICICI Personal Loan of 2 Lakh
- SBI Personal Loan of 9 Lakh
- BOB Personal Loan of 10000
- BOB Personal Loan of 40000
- Bank of India Medical Loan
- BOB Personal Loan of 1 Lakh
- ICICI Personal Loan of 3 Lakh
- BOB Personal Loan of 8 Lakh
- BOB Personal Loan of 9 Lakh
- Bank of Maharashtra Wedding Loan
- Canara Bank Self Employed Personal Loan
- Karnataka Bank Wedding Loan
- Kotak Personal Loan for Wedding
- Indusind Bank Salaried Employee Personal loan
- Union Bank Students Personal loan
- Federal Bank Personal Loan of 3 Lakh
- ICICI Personal Loan of 10 Lakh
- Indusind Bank Personal Loan of 40000
- Indusind Bank Personal Loan of 8 Lakh
- Indusind Bank Personal Loan of 9 Lakh
- Union Bank of India Personal Loan of 2 lakh
- IDBI Bank Personal Loan of 50000
- Axis Bank Personal Loan of 40000
- Punjab Sind Bank overdraft loan
- Karnataka Bank Travel Loan
- Punjab & Sind Bank Medical Loan
- Federal Bank Medical Loan
- Canara Bank Short-Term loan
- Union Bank Small Personal Loan
- Federal Bank Travel Loan
- ICICI Bank Personal Loan Balance Transfer
- ICICI Personal Loan for Wedding
- Union Bank Personal Loan for Lawyers
- Federal Bank Personal Loan of 10 Lakh
- Yes Bank Personal Loan of 1 Lakh
- Union Bank of India Personal Loan of 4 lakh
- SBI Bank Personal Loan Balance Transfer
- RBL Bank Government Employees Personal loan
- Axis Bank Asha Home Loan Scheme
- Canara Bank Personal Loan for Wedding
- Kotak Mahindra Bank Personal Loan of 7 lakh
- Home Loan for 70000 Salary
- ICICI Credit Card Application Status
- Indusind Bank Senior Citizens/Pensioners Personal loan
- Indusind Bank Students Personal loan
- Indusind Bank Personal Loan for Doctors
- Union Bank of India Personal Loan of 1 lakh
- Axis Bank Personal Loan of 5000
- Axis Bank Personal Loan of 10000
- Axis Bank Personal Loan of 15000
- Indian Bank Personal Loan for Doctors
- Federal Bank Personal Loan of 50000
- Axis Bank Personal Loan of 1 lakh
- Union Bank Self Employed Personal loan
- Indusind Bank Personal Loan for Lawyers
- Federal Bank Personal Loan of 1 Lakh
- Union Bank Government Employees Personal loan
- Union Bank Personal Loan for Doctors
- Federal Bank Personal Loan of 4 Lakh
- Federal Bank Personal Loan of 7 Lakh
- Union Bank of India Personal Loan of 5 lakh
- ICICI Personal Loan of 4 Lakh
- BOB Students Personal Loan
- Axis Bank Personal Loan of 2 lakh
- Axis Bank Personal Loan of 3 lakh
- Union Bank Housewife Personal loan
- Federal Bank Personal Loan of 6 Lakh
- Axis Bank Personal Loan of 4 lakh
- Axis Bank Personal Loan of 5 lakh
- Indian Bank Personal Loan of 8 lakh
- Canara Bank Small Personal Loan
- Axis Bank Personal Loan of 6 lakh
- Axis Bank Personal Loan of 7 lakh
- Karur Vysya Bank short term personal loan
- Axis Bank Personal Loan of 8 lakh
- Union Bank Salaried Employee Personal loan
- Yes Bank Home Loan Eligibility Calculator
- 1 crore Home Loan EMI
- 50 Lakh Home Loan EMI
- 25 Lakh Home Loan EMI
- Union Bank Home Loan Eligibility Calculator
- HDFC Personal Loan of 10000
- HDFC Senior Citizen Personal Loan
- HDFC Government Employees Personal Loan
- HDFC Salaried Employee Personal Loan
- Yes Bank Personal Loan of 2 Lakh
- HDFC Personal Loan for Doctors
- Indusind Bank Personal Loan of 1 Lakh
- Union Bank of India Personal Loan of 6 lakh
- HDFC Personal Loan for lawyers
- SBI Personal Loan Eligibility Calculator
- RBL Bank Personal Loan of 10 Lakh
- IDFC First Bank Personal Loan of 2 Lakh
- Axis Senior Citizen Personal Loan
- Yes Bank Government Employee Personal loan
- Axis Government Employees Personal Loan
- Axis Salaried Employee Personal Loan
- Indian Bank Personal Loan of 10 lakh
- Indian Bank Salaried Employee Personal loan
- IDBI Bank Personal Loan of 40000
- Karnataka Bank small loans
- IDFC First Bank Personal Loan of 1 Lakh
- Canara Bank Personal Loan of 9 Lakh
- 10 Lakh SBI Home Loan
- Indian Bank Personal Loan of 9 lakh
- Canara Bank Personal Loan of 7 Lakh
- Axis Students Personal Loan
- Kotak Mahindra Bank Personal Loan of 6 Lakh
- RBL Bank Personal Loan for Lawyers
- Karnataka Bank overdraft loan
- Canara Bank Personal Loan of 6 Lakh
- Union Bank of India Personal Loan of 50000
- Union Bank Senior Citizens/Pensioners Personal loan
- Federal Bank Salaried Employee Personal loan
- RBL Bank Personal Loan of 7 Lakh
- RBL Bank Personal Loan Transfer
- RBL Bank Personal Loan of 8 Lakh
- Canara Bank Personal Loan of 10 Lakh
- BOB Salaried Employee Personal Loan
- Axis Bank Fast Forward Home Loan Scheme
- ICICI Bnak Self Employed Personal Loan
- IDFC First Bank Personal Loan of 5000
- Yes Bank Personal Loan of 7 Lakh
- ICICI Bnak Personal Loan for Doctors
- Federal Bank Students Personal loan
- 80 Lakh Home Loan EMI
- RBL Bank Personal Loan of 50000
- IDFC First Bank Personal Loan of 10000
- RBL Bank Personal Loan of 9 Lakh
- IDFC First Bank Personal Loan of 20,000
- Indian Bank Government Employees Personal loan
- IDFC First Bank Personal Loan of 25000
- RBL Bank Personal Loan of 6 Lakh
- IDFC First Bank Personal Loan of 40000
- SBI Government Employees Personal Loan
- Yes Bank Self Employed Personal loan
- SBI Salaried Employee Personal Loan
- SBI Students Personal Loan
- SBI Housewife Personal Loan
- SBI Self Employed Personal Loan
- Yes Bank Students Personal loan
- SBI Personal Loan for Doctors
- Indiabulls Home Loan Eligibility Calculator
- SBI Personal Loan for Lawyers
- Kotak Mahindra Bank Personal Loan of 5 Lakh
- Yes Bank Personal Loan of 4 Lakh
- BOB Senior Citizen Personal Loan
- IDFC First Bank Personal Loan of 50000
- Axis Bnak Personal Loan for Doctors
- Axis Bnak Self Employed Personal Loan
- Union Bank of India Personal Loan of 40000
- Axis Bnak Housewife Personal Loan
- Kotak Mahindra Bank Personal Loan of 3 Lakh
- Yes Bank Personal Loan of 50000
- Yes Bank Personal loan for Doctors
- Federal Bank Personal Loan of 8 Lakh
- Home Loan Eligibility Calculator
- IDFC First Bank Personal Loan of 4 Lakh
- IDFC First Bank Personal Loan of 5 Lakh
- IDFC First Bank Personal Loan of 6 Lakh
- Indusind Bank Personal Loan of 10 Lakh
- Kotak Home Loan Eligibility Calculator
- IDFC First Bank Personal Loan of 7 Lakh
- Kotak Mahindra Bank Personal Loan of 4 Lakh
- IDFC First Bank Personal Loan of 8 Lakh
- Federal Bank Personal Loan of 5 Lakh
- Canara Bank Home Loan Eligibility Calculator
- IDFC First Bank Personal Loan of 9 Lakh
- Holi 2024
- Union Bank of India Personal Loan of 7 lakh
- Indusind Bank Personal Loan of 2 Lakh
- Indusind Bank Personal Loan of 50000
- Axis Bank Personal Loan of 30000
- Yes Bank Personal Loan of 8 Lakh
- RBL Bank Personal Loan of 5 Lakh
- Federal Bank Self Employed Personal loan
- RBL Bank Personal Loan of 1 Lakh
- IDBI Bank Flexi Loan
- Canara Bank Salaried Employee Personal loan
- ICICI Personal Loan of 7 Lakh
- PNB Personal Loan of 50000
- Yes Bank Salaried Employee Personal loan
- Yes Bank Personal Loan of 6 Lakh
- RBL Bank Personal Loan of 40000
- PMEGP Loan
- ICICI Personal Loan of 6 Lakh
- HDFC Bank Personal Loan Balance Transfer
- BOB Self Employed Personal Loan
- IDFC First Bank Personal Loan of 10 Lakh
- Federal Bank Housewife Personal loan
- Kotak Bank Housewife Personal Loan
- PNB Personal Loan of 3 Lakh
- Kotak Bank Personal Loan for Lawyers
- Canara Bank Personal Loan for Senior Citizens
- Canara Medical Loan
- HDFC Personal Loan of 15000
- Axis Travel Loan
- RBL Bank Salaried Employee Personal loan
- Yes Bank Housewife Personal loan
- Home Loan for 40000 Salary
- 15 Lakh Home Loan EMI
- Indian Bank Personal Loan of 1 lakh
- 70 Lakh Home Loan EMI
- Canara Bank Personal Loan for Doctors
- Kotak Mahindra Bank Personal Loan of 9 lakh
- RBL Bank Self Employed Personal loan
- Personal Loan for Government Employees
- Canara Bank Personal Loan for Lawyers
- IDFC Personal Loan for Senior Citizens
- IndusInd Bank Overdraft Loan
- HDFC Personal Loan of 20000
- Federal Bank Personal Loan of 9 Lakh
- ICICI Bank Overdraft Loan
- PNB Personal Loan of 4 Lakh
- Indusind Bank Personal Loan of 30000
- HDFC Personal Loan of 50000
- Personal Loan of 20 Lakh
- PNB Personal Loan for Doctors
- Personal Loan for CIBIL Score 650
- Personal Loan for CIBIL Score 650
- Bank of Maharashtra personal loan transfer
- HSBC Bank Flexi Loan
- SBI Overdraft Loan
- Federal Bank Overdraft Loan
- Union Bank Flexi Loan
- HDFC Bank Overdraft Loan
- Personal Loan for CIBIL Score of 700
- IDBI Bank Senior Citizens/Pensioners Personal loan
- IDFC Salaried Employee Personal Loan
- 4 Crore Home Loan EMI
- 55 Lakh Home Loan EMI
- IDFC First Bank Overdraft Loan
- Axis Bank Overdraft Loan
- PNB short term personal loan
- Kotak Bank Overdraft Loan
- Union Bank Personal Loan Transfer
- Yes Bank Overdraft Loan
- Canara Bank Overdraft Loan
- ICICI Bank Flexi Loan
- Indian Bank Personal Loan of 5 lakh
- SBI Flexi Loan
- Kotak Bank Flexi Loan
- Loans
- Bank of India Senior Citizens Personal Loan
- Yes Bank Flexi Loan
- ICICI Personal Loan of 8 Lakh
- HDFC Personal Loan of 25000
- Federal Bank Personal Loan for Doctors
- ICICI Personal Loan of 9 Lakh
- IDBI Bank Government Employees Personal loan
- Canara Bank Flexi Loan
- 10 Lakh Home Loan EMI
- Indian Bank Personal Loan of 2 lakh
- 40 Lakh Home Loan EMI
- 2 crore Home Loan EMI
- ICICI Bank Short Term Loan
- SBI Short Term Loan
- Indian Bank overdraft loan
- IDFC First Bank Short Term Loan
- Axis Bank Short Term Loan
- Yes Bank Short Term Loan
- Union Bank of India Personal Loan of 30000
- Kotak Bank Short Term Loan
- BOB Personal Loan for Lawyers
- SBI Small Personal Loan
- HDFC Bank Small Personal Loan
- Federal Bank Personal Loan of 2 Lakh
- Indusind Bank Self Employed Personal loan
- IDBI Bank Personal Loan of 2 Lakh
- IDFC Students Personal Loan
- Indusind Bank Government Employees Personal loan
- IDFC First Bank Small Personal Loan
- Bank of Maharashtra Government Employees Personal Loan
- Axis Bank Personal Loan of 50000
- Bank of India Government Employees Personal Loan
- Axis Bank Small Personal Loan
- RBL Bank Flexi Loan
- Kotak Bank Small Personal Loan
- Bank of India Students Personal Loan
- IDFC Government Employees Personal Loan
- RBL Bank Personal Loan of 30000
- IDFC Housewife Personal Loan
- IDFC Home Loan Eligibility Calculator
- IDBI Bank Personal Loan for Lawyers
- IDFC Self Employed Personal Loan
- IDFC Personal Loan for Doctors
- HSBC Bank Wedding Loan
- Bank of India Self Employed Personal Loan
- IDFC Personal Loan for Lawyers
- Kotak Bank Salaried Employee Personal Loan
- HSBC Bank Travel Loan
- PNB Bank Travel Loan
- BOB Bank Medical Loan
- BOB Bank Travel Loan
- Union Bank Travel Loan
- Kotak Mahindra Bank Personal Loan of 10 lakh
- Indusind Bank Personal Loan of 4 Lakh
- ICICI Bnak Personal Loan for Lawyers
- Bank of Maharashtra Personal Loan of Rs. 5 Lakh
- Home Loan for 20000 Salary
- PNB Students Personal Loan
- Bank of Maharashtra overdraft loan
- Indusind Bank Short Term Personal Loan
- Bank Of Baroda Overdraft Loan
- Yes Bank Small Personal Loan
- RBL Bank Wedding Loan
- Bank of India Personal Loan for Doctors
- IndusInd Bank Wedding Loan
- ICICI Bank Small Personal Loan
- IndusInd Bank Travel Loan
- Bank of India Personal Loan for lawyers
- PNB Bank Wedding Loan
- Union Bank Wedding Loan
- Indian Bank Travel Loan
- Bank of India Wedding Loan
- PNB Senior Citizens/Pensioners Personal loan
- Bank of India Travel Loan
- Indian Bank Personal Loan of 6 lakh
- Bank of Maharashtra Medical Loan
- Bank Of Maharashtra Travel Loan
- Karnataka Bank Medical Loan
- Bank of Maharashtra small loans
- Punjab & Sind Bank Wedding Loan
- Karur Vysya Bank Medical Loan
- IDBI Bank Personal Loan of 30000
- Axis Super Save Home Loan Scheme
- 35 Lakh Home Loan EMI
- Karur Vysya Bank Wedding Loan
- HDFC Personal Loan of 7 Lakh
- Kotak Mahindra Bank Personal Loan of 50000
- Bank of Maharashtra Senior Citizens Personal Loan
- ICICI Personal Loan for Senior Citizen
- IDBI Bank small loans
- HDFC Personal Loan of 8 Lakh
- Bank of Maharashtra Personal Loan for Doctors
- BOB Personal Loan of 15,000
- 60 Lakh Home Loan EMI
- IDBI Bank Personal Loan for Doctors
- BOB Personal Loan of 20,000
- Karnataka Bank Government Employees Personal Loan
- BOB Personal Loan of 25000
- BOB Personal Loan of 30000
- BOB Personal Loan of 6 Lakh
- RBL Bank Housewife Personal loan
- BOB Personal Loan of 4 Lakh
- IDFC First Bank Personal Loan of 3 Lakh
- Indian Bank Students Personal loan
- Indian Bank Personal Loan of 7 lakh
- BOB Personal Loan of 5 Lakh
- ICICI Salaried Employee Personal Loan
- Kotak Bank Self Employed Personal Loan
- Kotak Mahindra Bank Personal Loan of 5000
- Axis Bank Personal Loan Balance Transfer
- Kotak Mahindra Bank Personal Loan of 10000
- Karur Vysya Bank overdraft loan
- IDBI Bank Personal Loan of 1 Lakh
- Kotak Mahindra Bank Personal Loan of 40000
- PNB Personal Loan of 30000
- Kotak Mahindra Bank Personal Loan of 30000
- Kotak Mahindra Bank Personal Loan of 8 Lakh
- RBL Bank Small Loan
- Kotak Bank Personal Loan for Doctors
- Home Loan for 30000 Salary
- ICICI Government Employee Personal loan
- Home Loan for 50000 Salary
- Home Loan for 60000 Salary
- Yes Bank Small Personal Loan
- Kotak Mahindra Bank Personal Loan of 1 lakh
- Canara Bank Personal Loan of 5000
- Canara Bank Personal Loan of 10000
- PNB Salaried Employee Personal loan
- Indusind Bank Personal Loan Transfer
- Canara Bank Personal Loan of 15,000
- Canara Bank Personal Loan of 20,000
- Canara Bank Personal Loan of 25000
- HSBC Bank Short Term Personal Loan
- Canara Bank Personal Loan of 30000
- Canara Bank Personal Loan of 40000
- Bank Of India short term personal loan
- Indusind Bank Small Loans
- Axis Bnak Personal Loan for Lawyers
- Federal Bank Short Term Personal Loan
- Punjab & Sind Bank Travel Loan
- Indusind Bank Flexi Loan
- Yes Bank Personal Loan of 40000
- Indian Bank Personal Loan of 4 lakh
- Indian Bank Personal Loan for Lawyers
- Canara Bank Personal Loan of 50000
- Canara Bank Personal Loan of 1 Lakh
- Union Bank Short Term Personal Loan
- Union Bank overdraft loan
- Canara Bank Personal Loan of 2 Lakh
- Karur Vysya Bank small loans
- Canara Bank Personal Loan of 3 Lakh
- IDBI Bank Self Employed Personal loan
- RBL Bank Medical Loan
- Canara Bank Personal Loan of 4 Lakh
- HDFC Personal Loan of 30000
- Canara Bank Personal Loan of 5 Lakh
- Federal Bank Wedding Loan
- Federal Bank Salaried Employee Personal Loan
- Axis Personal Loan for Wedding
- HDFC Personal Loan for Wedding
- SBI Personal Loan for Medical
- IDBI Bank Travel Loan
- Yes Bank Personal Loan of 3 Lakh
- Yes Bank Personal Loan of 5 Lakh
- SBI Personal Loan for Wedding
- HDFC Personal Loan of 5000
- IDBI Bank Wedding Loan
- DBI Bank Medical loan
- RBL Bank Students Personal loan
- HDFC Personal Loan of 40000
- 45 Lakh Home Loan EMI
- Karur Vysya Bank Travel Loan
- Union Bank of India Personal Loan of 10 lakh
- Canara Bank Personal Loan of 8 Lakh
- RBL Bank Overdraft Loan
- RBL Bank Personal Loan of 3 Lakh
- RBL Bank Personal Loan of 4 Lakh
- PNB Personal Loan of 2 Lakh
- IDBI Bank Personal Loan of 5 Lakh
- PNB Government Employees Personal loan
- IDBI Home Loan Eligibility Calculator
- SBI Home Loan Eligibility Calculator
- ICICI Home Loan Eligibility Calculator
- HDFC Home Loan Eligibility Calculator
- Navi Personal Loan Eligibility Calculator
- Axis Bank Personal Loan of 20000
- RBL Bank Short Term Personal Loan
- Bank Of India overdraft loan
- BOB Government Employees Personal Loan
- 5 Crore Home Loan EMI
- Canara Bank Government Employees Personal Loan
- ICICI Personal Loan of 5 Lakh
- IDBI Bank Students Personal loan
- IDBI Bank Personal Loan of 4 Lakh
- Axis Bank Empower Home Loan Scheme
- 85 Lakh Home Loan EMI
- HDFC Personal Loan for Medical
- Indian Bank Personal Loan of 3 lakh
- PNB Personal Loan of 1 Lakh
- Kotak Bank Government Employees Personal Loan
- Axis Bank Personal Loan of 10 lakh
- Bank of India Salaried Employee Personal Loan
- PNB Personal Loan of 40000
- IDBI Bank Personal Loan of 3 Lakh
- IDFC First Medical Loan
- ICICI Medical Loan
- Axis Bank Personal Loan For Medical
- Yes Bank Personal Loan for Wedding
- IDFC First Personal Loan for Wedding
- Kotak Medical Loan
- Yes Bank Medical Loan
- Indusind Bank Personal Loan of 3 Lakh
- Home Loan
- Personal Loan
- Loan Against Property
- Business Loan
- Federal Bank Personal Loan for Lawyers
Most Popular on Urban Money
Investment
Financial Calculators
Check Eligibility
FAQ About Bank Accounts Types
What are the 3 main bank accounts?
The 3 main types of bank accounts are Current, Savings, and Fixed Deposits.
How many types of bank accounts are there?
Majorly there are 6 types of bank accounts, including a Current account, Savings account, Recurring Deposit account, DEMAT account, NRI account and Fixed Deposit account.
Can I convert my savings account into a current account?
No, you cannot convert your savings account into a current account.
Can I transfer money from my fixed deposit account to my savings account?
Yes, you can transfer your money from a fixed deposit account to your savings account. However, the process for the same differs from one bank to another.