what purpose do loan serve by bank
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Banks give loans to people for providing financial help. It gives money to poor people in the form of BANK INTEREST, so that they can we pay the amount monthly or early. E.g.1} =emi on t.v., car or bike.2)= Loan given by banks for purchasing new house.
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Banks give loans to people for providing financial help. It gives money to poor people in the form of BANK INTEREST, so that they can we pay the amount monthly or early. E.g.1} =emi on t.v., car or bike.2)= Loan given by banks for purchasing new house.
Hope this answer will help you and please mark my answer as brainliest!!!
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