Monetary solution becomes part of economic system that offers different sorts of financing via numerous credit score instruments, economic product or services.
In economic instruments, we encounter cheques, costs, promissory notes, debt tools, letter of credit, etc.
In economic products, we come across various types of mutual funds. extending numerous kinds of investment opportunities. Furthermore, there are additionally products such as charge card, debit cards, etc.
In services we have leasing, factoring, employ purchase finance etc., through which various types of possessions can be gotten either for ownership or on lease. There are different kinds of leases as well as factoring as well.
Thus, financial services enable the customer to acquire any kind of property on credit score, according to his comfort and at a sensible interest rate.