Question

what are the main function of bank (any four)​

Answer 1

Answer:

Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.

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Answer 2

Explanation:

the Main function of bank are

1. they opened many accounts like Saving, Current etc.

2. they provide facility to our customers to take loans.

3. they provide Atm card, Credit, Debit card also.

4. They are provide for money transfers.