Unique Account Identification

• Each account is assigned a distinct account number.
• Identification details link the account to the customer.
• Helps in accurate processing of banking transactions.
• Supports tracking of financial activities and balances.
• Serves as the foundation for banking operations.

Deposit and Withdrawal Access

• Allows depositing money through cash, cheque, or transfer.
• Enables withdrawals via ATM, cheque, or online services.
• Balances can be accessed through various banking channels.
• Customers have full control over their funds.
• Transactions are governed by bank terms and limits.

Interest and Earnings Options

• Savings and deposit accounts offer periodic interest.
• Interest rates vary based on account type and terms.
• Some accounts provide compound interest benefits.
• Earnings are credited directly to the account.
• Banks publish interest policies transparently.

Digital and Remote Banking Services

• Internet and mobile banking offer 24/7 account access.
• Online transfers, bill payments, and balance checks are available.
• SMS and email alerts update users about transactions.
• Banking apps simplify financial operations on-the-go.
• Digital tools improve customer convenience and control.

Security and Compliance Measures

• Accounts are protected through PINs, passwords, and OTPs.
• KYC norms ensure verified and lawful use.
• Banks monitor suspicious or unauthorized activity.
• Fraud prevention tools protect customer interests.
• Compliance with regulatory standards ensures trust and safety.