How many types of YES BANK accounts are there?

YES BANK offers 5 different types of savings accounts for you to choose from.

Which account is best in YES BANK?

Are you looking for?

What are the 7 types of bank accounts?

Here is a list of some of the types of bank accounts in India.

Current account. A current account is a deposit account for traders, business owners, and entrepreneurs, who need to make and receive payments more often than others.
Savings account.
Salary account.
Fixed deposit account.
Recurring deposit account.
NRI accounts.

What are the 4 types of accounts?

What Are Four Types of Bank Accounts?

Checking Account. Think of a checking account is as your “everyday account.” It's a place to keep the money you use to pay your bills or cover everyday expenses.
Savings Account.
Money Market Account.
Certificate of Deposit (CD)

What are the 3 types of bank accounts?

The most common types of bank accounts include: Checking accounts. Savings accounts. Money market accounts (MMAs)25-Jul-2022

What is minimum balance in YES BANK?

OPEN SAVINGS ACCOUNT

Is YES BANK a zero balance account?

With YES BANK's Zero Balance Savings Account, you no longer need to worry about running out of cash in your account and incurring a fine for going below the permissible limit.

Which type of account is best?

Retirement Accounts These are the best types of bank accounts for saving for retirement because they allow you to invest your money in the stock market, which creates the potential for greater returns than you could get on deposits in other types of bank accounts.24-Oct-2021

What is salary account in YES BANK?

Thus we bring to you YES Digital Salary Account which is a fully loaded new age digital banking account. It is opened instantly and comes with a free Virtual Debit Card, free online transactions and many lifestyle offers & benefits.

What are the 4 types of savings accounts?

There are different types of savings accounts to choose from, and they're not all alike. The options include traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts and specialty savings accounts.22-Sept-2022

What are the 5 main accounts?

The 5 Account Types

Assets.
Liabilities.
Expenses.
Income (Revenue)
Equity.

What are the 6 types of savings accounts?

Here are some of the variations of Savings Accounts you can find at any bank:

Regular Savings Account.
Zero Balance or Basic Savings Account.
Women's Savings Account.
Kids' Savings Account.
Senior Citizens' Savings Account.
Family Savings Account.
Salary Account – Salary Based Savings Account.

What are the 2 main types of accounts?

3 Different types of accounts in accounting are Real, Personal and Nominal Account. Real account is then classified in two subcategories – Intangible real account, Tangible real account.

What is a salary account?

Salary Package account is a special savings account offered to salaried customers which provide unique benefits and services, as well as seamless access to the most advanced and secure Net Banking and Mobile Banking services.

What is KYC in bank?

Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing. KYC involves several steps to: establish customer identity; understand the nature of customers' activities and qualify that the source of funds is legitimate; and.

What are the 3 main savings accounts?

While there are several different types of savings accounts, the three most common are the deposit account, the money market account, and the certificate of deposit.08-Mar-2019

What is account type in ATM?

At an ATM, we are always faced with the option of choosing between a Saving Account or a Current Account. These are two kinds of accounts that have been set up to serve different purposes and address the financial needs of different kinds of users.

Which is personal account?

A personal account is an account for use by an individual for that person's own needs. It is a relative term to differentiate them from those accounts for business or corporate use.

What is the limit of YES BANK?

Daily domestic cash withdrawal limit of INR 25,000.

Which bank is better Kotak or YES BANK?

Yes Bank is most highly rated for Culture and Kotak Mahindra Bank is most highly rated for Job security and advancement.Overall Rating.

Which bank has 0 minimum balance?

Latest Interest Rate for Zero Balance Savings Account

How many types of YES BANK accounts are there?