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Different Types of Services offered by Canara Bank
by Manish Kumar
Posted: Dec 02, 2019
Posted: Dec 02, 2019
Everyone needs a bank account these days, the fact can’t be denied that banks play an important role in the modern day’s economic system. No matter which part of the globe you live in you need to have a bank account to maintain your finances in today's scenario.With this fact in mind, we need to choose a bank that can take care of all our financial needs such as providing loans, taking care of our hard-earned money, etc., so we need to pick a bank that provides us with good banking services. Banks can improve their services by being transparent in their accounting process, making terms and conditions transparent, shorting the paperwork (if possible) and provide global services no matter where we need them. A good bank can really make our lives better so it would be better that we choose one that can take care of our needs, banks provide any kind of services it would come in handy if you know them.Different types of Services that Banks offer1. Bank Accounts: The following are the types of accounts that your banks offer to their users.
- Individual Banking: Basic banking account that helps in managing individual finances, including
- Checking Accounts
- Maintaining Saving Accounts
- Debit and credit cards
- Different Types of Insurances
- Wealth Management
- Loans (such as personal loans, housing loans, educational loans, etc)
2. Business Banking: This kind of accounts are provided for all the business class people who want to manage their personal and professional finances separately.
- Business Loan (These don’t include your personal belongings as liabilities unless you provide them)
- Checking Business Accounts
- Merchant Services
- Treasury Services
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