Banking products and services

The video tutorial provides an overview of the financial products and services offered by banks, including deposits, loans, and digital banking. It explains different types of deposit accounts such as savings, current, fixed, and recurring deposits, highlighting their features and benefits. The tutorial also covers loans, credit cards, and debit cards, emphasizing their role in fulfilling financial needs. Additionally, it discusses digital banking, investment services, and other banking facilities like foreign exchange and government schemes, showcasing the comprehensive role of banks in managing personal and business finances.

What are the two main financial products offered by banks?

How does a savings account benefit the account holder?

What is the purpose of a current account?

Describe how a fixed deposit account works.

What is a recurring deposit account and how does it function?

Explain the difference between a debit card and a credit card.

What services do banks provide for wealth management?