Saving Account in Bank - Meaning, Features, Advantages

Meaning of Saving Account in Bank ↓
Commercial banks (like ICICI, HDFC, etc.), co-operative banks (like Saraswat, Cosmos, etc.), public sector banks (like State bank of India, Bank of India, etc.) and postal departments accept deposits by way of opening saving bank account with them.The 'saving account' is generally opened in bank by salaried persons or by the persons who have a fixed regular