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Create an Outstanding Assignment with the Commercial Banks Assignment Help!
Do you have an Economics assignment on the Commercial Banks? If you are uncertain about an appropriate approach or do not have sufficient knowledge to complete your assignment, you have reached the perfect place for help. Myhomeworkhelp.com works for the benefit of students like you. Our Commercial Banks Assignment Help team is here to provide any kind of assistance you need. We will finish the homework in record time for you and once you opt for our service, it is solely our responsibility to look after your grades. We aim for 100% client satisfaction and that can be achieved only when we help you to score more! So stop panicking about the time crunch or any other problem you are facing. Now that we are here, we will solve it all for you.

Before that, here is some knowledge on the topic for you.

Commercial Banks and their Role in our Society
Modern Commercial banks perform a variety of functions and provide a number of services to their customers. Various functions performed by the Commercial Banks are as follows:

1. Acceptance of Deposits from the general public in the form of current accounts, savings accounts, fixed deposits and recurring deposits.

Giving and advancing loans in the form of:
a.    Outright loans for a fixed period where the entire amount is credited to the borrowers account and interest is charged on the whole amount.

b.    Cash credit where the bank opens an account in the borrower’s name and the borrower may withdraw the money when required. Interest is charged on the withdrawn amount.

c.    Overdraft facilities where the customers can draw cheques in excess of the amount standing to their credit.

2. Discounting bills of exchange.
3. Providing the facility of Payment through cheques.
4. Allowing Transfer of funds.
5. Performing Agency functions.
6. Providing Miscellaneous services like locker facility, gift cheques, investment advice, etc.
7. Acting as a Credit Creator.

Did you find this helpful? If you come to us with your assignment, our Commercial Banks Homework Help team will improvise these points and add further detailed information to complete your homework with a touch of perfection.

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We work for students studying in High School to University Students. Our clients belong to different parts of the globe and a large percentage of them are regular clients. What makes us their favorite? The simple fact: we deal with the assignments professionally, and with utmost care.

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