Accountancy, asked by anchal1089, 10 months ago

What is difference between fund based and non fund based facilities?

Answers

Answered by talmalepratik49
1

Answer:

Explanation:

Fund based facilities. - A fund based facility involves credit offered by banks through various forms such as overdrafts, loans or any other facility that involves cash transactions.

Non-fund based facilities. - A non-fund facility is one in which the bank does not deal with cash transactions or funds.

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