RISK AWARENESS
Trading and investing in financial markets involve substantial risk and may result in partial or complete loss of capital. We do not promote Forex (foreign exchange) trading, as it is banned by the Government of India and the Reserve Bank of India (RBI) for retail individuals. Also, we do not promote any exchange which is not FIU registered or sanctioned from the Central Authority of India. Trading and investing in financial markets involve substantial risk and may result in partial or complete loss of capital. We do not promote Forex (foreign exchange) trading, as it is banned by the Government of India and the Reserve Bank of India (RBI) for retail individuals. Also, we do not promote any exchange which is not FIU registered or sanctioned from the Central Authority of India.
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NexGen School of Financial Market One Hundred Frequently Asked Questions on Basic Finance What types of bank accounts are available in India?

What types of bank accounts are available in India?

by NexGen Trading Academy  ·  Unit 17 of 100

Banks in India offer several types of accounts designed to meet different financial needs. Savings accounts are commonly used for personal banking, while current accounts are intended for businesses and frequent transactions. Fixed deposit accounts allow money to be invested for a predetermined period at a fixed interest rate, whereas recurring deposit accounts encourage regular monthly savings over a chosen tenure.

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