3. Advantages of Banking


It provides high liquidity especially when a person needs a ready pool of money for the emergency purpose. You can deposit or withdraw your money whenever you need and also send remittances through the bank.

Download E-book to manage your bank account – Banking Awareness for beginners 


It provides an identity which is recognized by various government institutions.


The bank transactions are very transparent in nature and you can keep a track of your transactions through your Passbook.

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