Saving Banks

Saving Banks are those banks which collect and

keep the small Savings of the public.
The Saving banks invest the funds in the safest
government securities and offer reasonable rate
of profit on saving account.
Government employees and household women
are usually opening such accounts
 Saving Banks
prior notice to the bank is necessary for
withdrawals in huge amounts.
National Saving bank in England and Post
office saving banks are examAples of saving
banks
Saving banks accepts deposits of people for
saving.
Investing the money in safe means of
 The Agricultural Bank

The Bank is responsible for the

development of agriculture sector of the
economy.
Agricultural banks are set up to provide
financial assistance to the agriculturalists
and agro-based industries.
Agricultural Mortgage Corporation in England
and Federal Land Banks in U.SA are good
examples.
Their Functions are:
To provide long term advances for buying
tractors and other farm equipments
Short term loans for purchasing seeds and
fertilizers
 Other Functions
Introducing modern techniques in
farming.
Making awareness in farmers by
seminars.
Medium term loans for construction of
other infrastructures related to farming.