in writing composition about bank. we have to follow the following guidelines.
Guidelines for Bank Composition
First Paragraph: you should define a bank, write about the functions of a bank.
Second paragraph: write about the various types of banks and financial home.
Third paragraph: write about some advantages of saving money in the bank.
A bank is a financial institution where we keep our money and other Valuable. A bank helps in keeping and securing our money. It also loans money to its clients or customers.
There are different types of banks. Examples are Central bank, which is the apex banking body in every country, Commercial Banks, Cooperating Industrial Banks, Merchant Banks, etc. All these banks have their functions. Banks also operate different Account, Examples are savings account, fixed account and Current Account.
Banks helps us to keep our money from thieves and unnecessary spending. The bank secure our expensive property from hoodlums. They also help in advising customers on how to excel on/in their businesses. Loads given by banks are used based on individual needs and wants.