Which type of bank account is best for everyday transactions in India?

The most suitable bank account for day-to-day transactions will vary based on the unique requirements of the person or company. A checking account is typically utilized for daily transactions, providing services such as writing checks, using a debit card, and paying bills online, whereas a savings account is perfect for saving money and accruing interest. Indian banks offer competitive fees, making it cost-effective for businesses to efficiently handle their financial activities.