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What is the major difference between Tier I and Tier II Account?

April 26, 2017account difference ii Tier

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What is the major difference between Tier I and Tier II Account?

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The single major difference between Tier I and Tier II is that Tier II balance can be withdrawn by the investor at any time, the minimum balance to keep the account operative is 2000 Rs, at the end of financial year any balance a above that can be withdrawn.