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In this video we will be looking at Banks and simple interest chapter of class 6 . Banks are Organisations authorised by Government for conducting financial transactions. They provide numerous types of services like loans , account services , locker facilities etc . Banks helps in sending money from one person to other person with a great extent of security . A person can also open several types of accounts with the banks and earn interests on the funds deposited by him/her. Lets have a deeper look into the concept . Do hit the subscribe the button - / solveit7 Credits - Designed by Freepik - https://www.freepik.com/ Want to Excel in Math and Science? Don’t Memorise courses are here to help you boost your preparation in Math & Science. To get started, click on the below link and avail up to a 90% discount on our courses on Don't Memorise which is a part of Infinity Learn (by Sri Chaitanya). Link - https://bit.ly/3dgEGWA Enhance your Maths & Science skills with ð Conceptual videos with real-life applications ð Flashcards for quick revision ð Mock tests designed as per the latest pattern to be exam ready ð Doubt resolution anytime, anywhere ð Highly curated courses at a starting price of just Rs. 149*/-. Do Subscribe and be a part of the community for more such lessons.