Focus writing – Functions of commercial Bank

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Focus writing – Functions of commercial Bank . ফোকাস রাইটিং নিয়ে আমাদের পোষ্ট গুলো আগে দেখে নিতে পারেন। ব্যাংক ফোকাস রাইটিং টেকনিক সাথে বাংলাদেশ ব্যাংক সহকারী পরিচালক প্রস্তুতি পড়ে নিতে পারেন। তাছারাও আমাদের সাইটের মেনু থেকে পছন্দমত ক্যাটেগরি সিলেক্ট করে প্র্যাকটিস করতে পারেন। আশা করি আপনাদের কাজে আসবে। আমরা আমদের সাধ্যমত গুরুত্বপুর্ণ বিষয়গুলো তুলে ধরার চেষ্টা করতেছি।

Focus writing – Functions of commercial Bank

Commercial banks are a significant part of the economic system of any country. In Bangladesh, There are 62 scheduled commercial banks. When a bank offers service to the general public and companies is called a commercial bank. All the commercial banks are done with almost the same type of functions. The function of commercial banks are given below:

Collect or receiving deposit: Collecting deposit is the main function of a commercial bank. Commercial banks collect money from people. For this people have to open a bank account. This account may be a personal/savings account, business a/c. Savings account holder gets profit/interest for their deposits.

Providing loans: Commercial Bank provides a loan to the public or companies by following some rules & regularities.  They have different types of loan products in different interest rates like short-term, mid-term, and long-term, etc. Providing loans is the main way of income of a bank.

Fixed Deposit: Banks receive a certain amount for a certain period with contraction to provide some interest against it. This is called fixed deposit.

Bank overdraft: Commercial Bank offers their trusted customer to draw more than their deposit. Bank charges few amount on the over draft.

Discount of Bills: Commercial Bank buy bill of exchange, accepted discount bill, and sell that in maturity for, get some interest.

Advance loan: Banks give advance loans to their customers against their deposits. It is very helpful for customers for sudden needs.

The medium of money: Bangladeshi people lives a different part of the world. They can transfer there earning through the bank through online banking services.

Taking various payments: Commercial bank takes utility bills e.g. electricity bill, gas bill, water bill etc.

We have discussed the most common functions of a commercial bank. They have also some other functions vary from bank to bank like Car loan, Home loan, Credit card services, student account etc.

আরও পড়ুনঃ

ফেইসবুকে আপডেট পেতে আমাদের অফিসিয়াল পেইজ ও অফিসিয়াল গ্রুপের সাথে যুক্ত থাকুন। ইউটিউবে পড়াশুনার ভিডিও পেতে আমাদের ইউটিউব চ্যানেল সাবস্ক্রাইব করুন।

আপনার টাইমলাইনে শেয়ার করতে ফেসবুক আইকনে ক্লিক করুন।