Fixed account is currently flavour of the season. It is because this account along with the saving account is the most reliable, trusted and the safest method that people in India have relied upon from the time when the concept of banking arrived in the Indian subcontinent. Under fixed account, a person can deposit a sum of money into it for a fixed period of time. The main and the most attractive feature of these fixed account is the rate of interest. But the low point of the same account is that they offer zero liquidity. While another is that since these accounts are bound by time, hence people face a lot of problem when they need money at a very short notice. But nowadays many banks have come up with the brilliant solution of this problem. Many banks these days are offering rate of interest above 9%. While in case of senior citizens many banks are even offering even 10% rate of interest. But the best part is yet to come. Yes, the best thing about these fixed bank account is that the above mentioned offers are available for the fixed account for only 1 year. Hence, if a person wants to earn reasonable rate of interest then he can certainly resort to the fixed account. Another tried and tested mode of investing money that Indian people have been trusting from the last many years is the saving account. The main reason why saving account has never gone out of the fashion, is that they involve very less formalities to open the account. The main feature of the saving account is that they provide the feature of security to the people. Many banks are even offering the features such as Internet banking, money multiplying features and also ATM-debit card. current account is another account that has managed to hog maximum limelight in the last few years. The reason is quite obvious as India is an emerging economy and many entrepreneurs, sole proprietors are coming onto the scene and are desperately looking to make a mark for themselves. Current account is just helping them in realising their dream. There is no limit on the number of withdrawals or deposition. Also there is the facility of over drawing, in case the person don't has the sufficient balance. The person will be eligible to pay certain rate of interest on the amount overdrawn which is very reasonable. While the recurring account is the account where the person interested needs to deposit a fixed amount consistently over a period of time. Hence all the accounts be it fixed deposit, savings account, current account or recurring account, they all are offering great facilities to the people who are interested in investing their money safely and securely.