Personal banking refers to the financial services provided by banks to individual customers. These services include checking and savings accounts, loans, mortgages, and credit cards. Personal banking aims to help individuals manage their finances, save for the future, and access credit when needed.
In personal banking, customers can also benefit from online banking, which allows them to manage their accounts and conduct transactions via the internet. Additionally, many banks offer financial advice and planning services to assist customers in making informed decisions about their money and investments, ensuring they meet their financial goals.