Bank accounts are generally created for saving purposes. However, saving accounts have some limitations regarding the withdrawals. With the growing need of everyday monetary transaction, banks have emerged with various options in transaction accounts. Also known as the "Current Account", the transactions accounts are designed in a way to meet the daily requirements, without affecting the financial status of account holders.
With the advent of higher education and increased governmental intervention in educational and fiscal policies, educational awareness has emerged at a higher level. Financial institutes now aim at future development of the nation through various affordable schemes and repayment terms for further education. Educational universities with the help of easier government policies are now inclined towards students welfare with attractive offers.
Different types of loans are meant to foster different kinds of needs. Investing in home and other properties generally require a special kind of loan. Banks have come up with a unique feature of loan, meeting the investment requirement of individuals and business organizations. Investment Loans, also, known as 'margin lending' are loans where the borrower can choose between fixed, standard variable, interest only and various flexible features.