aims and objectives to visit a bank
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The aims of objectives of visiting a bank are a follows:
- Open a bank account for saving money.
- For the salary to be deposited in the account.
- For availing the system of fixed deposits and recurring deposits.
- For availing facilities of debit and credit cards and internet banking.
- For taking loans from a bank for personal reasons.
- For affording government subsidies and scholarships.
Explanation:
- The banking facility is helpful for people to save money for retirement and the future. It helps in securing the money in safe custody and to use it when required.
- By keeping money in savings accounts and fixed deposits helps the people to earn interest on their money from the banks.
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