Banking is the industry that allows people and businesses to deposit, borrow and transfer money. The banking industry has been an important part of the economy ever since humans started using money.
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The 5 most important banking services are checking and savings accounts, loan and mortgage services, wealth management, providing Credit and Debit Cards, Overdraft services. You can read about the Types of Banks in India – Category and Functions of Banks in India in the given link.
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Loan packing means we, the lender, are creating and assembling your file. We will be working with you to finalize your loan's details (like product type, down payment, interest rate, etc.). We will also be gathering paperwork from you to reconfirm you're pre-approval.
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