Features of Branch Banking

The characteristics or features of a branch bank are given as follows:

1. Central Office: In branch banking system there is a central office which controls the branches.
2. Branch office: There may be branches in countrywide or in abroad. The number of branches is depending on the ability and principles of the bank.
3. Ownership: Generally such types of banks are owned by govt. or non govt. companies.
4. Capital: Generally its capital is too high. Now the scheduled bank has to maintain 100 crore taka as paid up capital.

Features of Unit Bank

Due to its nature of operation unit banks hold some features. Those are as follows:

1. Unit office: It has only one office. i. e. it has no branches.

2. Particular area: It deals its activities in a particular area, where it is established.

3. Ownership: Several times the ownership of this bank is sole proprietorship. But it can also be established by partnership or Joint Stock Company.

Features of scheduled bank

A scheduled bank means a bank for the time being included in the list of banks maintained by the central bank under sub-clause (a) of clause (2) of article 32. Any bank not included in this list is a non-scheduled bank. For example, as of today, Grameen bank is not a scheduled bank. All the commercial banks in Bangladesh are, however, scheduled banks. Now the total number of scheduled banks is 51.