The current account holders are not given interest on their deposits. The reason being:

Question

KollegeApply · Accepted Answer

There is no limitation on the number of withdrawals by the current account holders. Explanation: Current accounts are usually used by businesses and individuals who need quick and easy access to their funds. Banks do not pay interest on these deposits because there is no limit to the amount of withdrawals and transactions that can be done without restriction.

AChoose Your Answer