Identify the function of a bank that helps customers to safeguard their valuables like jewellery, property documents, etc.

Bank guarantee

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Bill discounting

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Locker facility

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Letter of credit

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Solution

The correct option is C Locker facility
Banks offer safe lockers where one can keep valuables. For example, if any customer wants to keep his property documents or jewellery secure, then he can keep them in his bank locker. One can avail the locker facility by applying for it and paying a small deposit to rent the locker.

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