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How did people get money form the bank?

Updated: 8/18/2019
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13y ago

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People get money from a bank by means of loans. The different types of loans available from banks are:

1. Personal Loans

2. Automobile Loans

3. Home Loans (Mortgage Loans)

4. Loan against Securities

5. Gold Loan

6. etc.

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13y ago
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Q: How did people get money form the bank?
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Related questions

What is the full form of BANK?

the full form of bank - a place for storing money and retrieving when required purposes.


People who have money in the bank are called?

they are called depositors because they deposit their money in the bank. they are also called bank clients.


From where do people borrow money?

the bank


Which services do banks offer?

Banks offer investment opportunities. They also offer a savings account where you can invest your money in the bank itself so they can use your money to give people money in the form of loans. They give you some money back in the form of savings interest.


People who have money in a bank are called?

depositors


Sample of a bank withdrawal slip?

A withdrawal slip is a form used when a bank account holder withdraws money from his or her own bank account and it ensures the security of money when entering into a bank transaction


What was the first bank created?

The first form of bank was the knights templar castles loaned money to traveling nobles


A bank moves money between?

The people who have it in surplus and the people who do not have enough.


Who makes money?

my opinion is that who creates the money is the factory but the people or the community who makes the money is the bank because when people loan from a bank they also have to pay extra money ontop of what they have loaned when they are giving back the money. Good boy Nathan


What are people that have money in the bank called?

Depositors.............Politicians :-)


How did people get money from the bank before?

Eat cake


People who have money in a bank are called what?

depositors