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| *Loan,banking and credit>>>bank account |
Can u tell me whats the difference between "a running bank account" and a "bank account" and also tell me..... |
...........whats the minimum amount required to open a bank account in INDIA??? Running bank account is the one which is ACTIVE meaning it is not left out without any operation form long (usually more than an year!) And minimum balance required to be maintained is Rs.1000/- for Nationalized banks and Rs.5000/- for Private sector banks. You can maintain lesser than that, but the account should have a quarterly minimum balance of 1000 or 5000. Quarterly minimum balance is calcualted on the basis of closing balance of everyday in the quarter. (To keep it simple, its enough if you maintain 1000 or 5000 minimum all thru the quarter.) Source(s): Financial advisor. they have the same meaning but a bank account can be running or closed. minimum amount required to open a bank account ranges from 2,000 to 6000 Minimum balance is 2000. IN some others 5000. You have to be on runnig to keep it up running and normal are same with words to address in each case.....100 rupees, |
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