Q: How does a Term Share Account differ from a regular savings account?

Investment Basis: Term Share Accounts invest in shares or equity instruments, whereas regular savings accounts typically earn interest based on a fixed rate.

Risk and Returns: Term Share Accounts have higher potential returns but come with higher risks due to market fluctuations. Savings accounts offer lower but more stable returns.

Term Commitment: Term Share Accounts require locking in funds for a specific period, while savings accounts usually offer greater liquidity.