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  #1  
28th December 2016, 05:29 PM
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Difference between Commercial Bank and Merchant Bank? In which bank should I apply for an education loan?


Hello sir, I have completed bachelor degree and want to do master degree course. Please tell me what is the difference between Commercial Bank and Merchant Bank? Which bank should I apply for an education loan?




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  #2  
31st December 2016, 02:28 PM
aashisranjan784
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Default Re: Difference between Commercial Bank and Merchant Bank? In which bank should I apply for an education loan?

The difference between Commercial and Merchant bank is as below:

>>The main work of commercial bank is to serve interest of general public, small scale entrepreneurs etc. It provides platform for customers to deposit money, withdraw money, buy loan products, insurance etc.

>>Merchant banks are called investment bank whose main function is to serve interest of large business houses or corporations.

You can apply for education loan from any commercial bank like SBI, CBI, ICICI, HDFC, Canara banks etc. Now process of getting education loan is very simple. You can apply for education loan at loan portal of India called Vidya Lakshmi.
Do you have any question? or have anything to say?



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