Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
28 views
in General by (24.3k points)
closed by

What are the other utility services provided by the Bank?

1 Answer

+1 vote
by (25.1k points)
selected by
 
Best answer

The other utility services provided by the Bank :

Bill Payment Services: Banks often provide platforms for customers to pay various bills, such as electricity, water, telephone, internet, and credit card bills.

Investment Services: Many banks offer investment products and services, including mutual funds, stocks, bonds, and retirement accounts. They may also provide investment advice and wealth management services.

Insurance Services: Some banks offer insurance products such as life insurance, health insurance, and property insurance. They may act as intermediaries between customers and insurance providers.

Foreign Exchange Services: Banks facilitate currency exchange services for international travelers and businesses engaged in foreign trade. They may also offer products like traveler's checks and foreign currency accounts.

Safe Deposit Boxes: Banks provide secure storage facilities, known as safe deposit boxes, where customers can store valuable items and documents.

Credit Services: Banks extend credit in the form of loans, mortgages, credit cards, and overdraft facilities. They assess creditworthiness, set interest rates, and manage repayment schedules.

Financial Advisory Services: Some banks offer financial planning and advisory services to help customers manage their finances, plan for major life events, and achieve their financial goals.

Online and Mobile Banking: In addition to basic banking services, banks provide online and mobile banking platforms for convenient account management, fund transfers, bill payments, and other transactions.

Customer Support Services: Banks offer customer support services through various channels, including telephone hotlines, online chat support, and in-person assistance at branch locations.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...