KALYAN CITY LIFE

Sharing Wisdom and Vivid Memories of Life

Difference Between Commercial Bank and Industrial Bank

square 1. Nature of Banking ↓


Commercial Bank is a bank which primarily provides financial facilities to commercial activities.

Industrial Bank is a bank which primarily provides financial facilities to industrial or productive activities.

difference between commercial bank and industrial bank

square 2. Types of Loans Offered ↓


Commercial Banks generally provides short-term loans for meeting working capital needs.

Industrial Banks generally provides long-term loans for meeting fixed capital needs.


square 3. Financing Period ↓


Commercial Banks provides finance for a short duration.

Industrial Banks provides finance for a longer time period like 15 or 20 years.


square 4. Other Services Offered ↓


Commercial Banks provides agency and general utility services to its clients.

Industrial Banks provides underwriting promotional and consultancy services to its clients.







No Comment Yet

    Please Comment