Ordinary Loans :
- Here Bank gives the ordinary loans against the security.
- The amount should be repaid with the Interest which is fixed by the Bank.
Cash Loans :
Total amount is given against security but they impose interest on the withdrawal of money
Over Draft :
Here Customers can withdraw more than what they deposited in the Bank.
Discounting Bills of Exchange :
- Purchasing and discounting of bills of exchange is another short term method of profitable instrument of banks funds.
- Bills of exchange can be discounted on rebate before its due date. The rebate or discount is earning of the bank.
0 comments:
Post a Comment