---

 It is an account which is generally opened by businessmen. In this account a depositor can withdraw and deposit money any number of times. A depositor can withdraw or issue against the balance in his account without any prior intimation. The bank generally does not allow interest on this account because it has to keep itself always prepared to honour the commitment towards the account holder.

Overdraft facility is the special features on this account. Account holder may arrange with the bank to withdraw more than the deposit. After the account is opened, the bank issues the following three books :

(i) Pass Book,  (ii) Cheque Book,   (iii) Pay-in-slip book