Tell me about bank products and insurance policy

Question

Accepted Answer

Bank products include savings accounts, loans, credit cards, and investment options. Insurance policies cover life, health, and property.

Bank products are financial services offered by banks to customers
Savings accounts allow customers to deposit and earn interest on their money
Loans provide customers with funds that they can repay over time with interest
Credit cards allow customers to make purchases and pay them off over time with interest
Investment options include stocks, bonds, and mutual funds
Insurance policies protect customers from financial loss due to unexpected events
Life insurance provides financial support to beneficiaries in case of the policyholder's death
Health insurance covers medical expenses for the policyholder and their dependents
Property insurance covers damage or loss to the policyholder's property

Popular interview questions of Branch Service Partner