CASA (Current Account Savings Account)

byPaytm Editorial TeamLast Updated: November 14, 2025

Meaning

CASA stands for Current Account and Savings Account. It shows the total money a bank holds in both current and savings accounts. CASA is important because it represents low-cost funds for the bank.

Importance

Banks prefer higher CASA balances since they pay low interest on savings accounts and none on current accounts, reducing borrowing costs.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI Transaction HistoryLast Updated: July 18, 2025

Meaning UPI Transaction History is a record of all your past UPI transactions, showing amounts, payee/payer details, dates,…

One Nation One Ration CardOctober 1, 2025

Meaning The “One Nation One Ration Card” (ONORC) scheme ensures nationwide portability of food security benefits.Core Concept ONORC…

Bank StatementLast Updated: August 19, 2025

Meaning A Bank Statement is an official record issued by a bank that shows all transactions in a…

Aadhaar SeedingLast Updated: July 31, 2025

Definition Aadhaar Seeding is the process of linking an individual’s Aadhaar number with their bank account or government…

Digital Signature for Tax FilingLast Updated: December 12, 2025

Meaning & Definition A digital signature for tax filing is an electronic method used to authenticate documents submitted…