Retail Banking Products
Retail Banking Products are for individual consumers rather than large institutions. Financial Services offered include savings and checking accounts, mortgages, personal loans, debit or credit cards, and certificates of deposit (CDs). The main objective of it is to provide financial services to individuals and small businesses.
Retail Banking Products
Retail Banking provides different types of account such as checking accounts, savings accounts, and retirement accounts. Some banks also open zero balance saving account where no cap on minimum account balance.
You can open a fixed deposit (FD) account. FDs are a best choice for risk-averse investors due to assured returns and interest rates that are higher than savings accounts.
You need extra cash to fund for your immediate needs, personal loan is the best option. You can use this loan for medical expenses, marriage, education and even for travelling.
You can easily finance your vehicle whether a car or a two-wheeler through Automobile Financing. Banks offer varying interest rates for vehicle loans, so it’s important to shop around for the best deal.
Debit cards are offered to their all retail customers. You can use your debit card to shop online, pay bills, and withdraw cash from Automated Teller Machines (ATMs). Retail Banks also offer credit card to eligible customers as facilities part of their retail banking products and services.
Benefits of Retail Banking Products
Retail banking products and services are for regular customers. If you need a loan, want to open an account, get a credit card, set up auto debit for various purchases or invest to reach your financial goal you can use these services.
Multiple products and services under one roof
Deposits like FD offers guaranteed returns
Innovative products that can be accessed easily via netbanking
Access Home, Personal and Auto finance products from anywhere, anytime
QUESTIONS?
Whether you’re curious about Banking Products or you want to Invest, we’re here to answer any question.