Math, asked by zyan26, 1 year ago

different facilities provided by the bank

Answers

Answered by madanlalsinghal1969
2

Answer:



Different types of business banking services include:

Business loans.

Checking accounts.

Savings accounts.

Debit and credit cards.

Merchant services (credit card processing, reconciliation and reporting, check collection)

Cash management.

Answered by Rememberful
4
Following are the facilities provided by banks :

1. They keep the money of the people in its safe custody.

2. They give interest on deposited money to the people.

3. They mediate between those who have surplus money and those who are in need of money.

4. They provide loan to large number of people at low interest rate.

5. They promote agricultural and industrial sector by providing loans.

6. They also provide funds to different organisations.
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