Skip to main content
Super TutorResources
Chapter 2 of 22
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Syllabus

Banking

ICSE · Class 10 · Mathematics

Complete topic list for Banking in ICSE Class 10 Mathematics. Key concepts, sub-topics, and what to focus on for board exams.

45 questions20 flashcards5 concepts

Interactive on Super Tutor

Studying Banking? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for syllabus and more.

Try Super Tutor — Free

1,000+ Class 10 students started this chapter today

An infographic illustrating the various functions performed by a bank, such as accepting deposits, lending money, transferring funds, providing lockers, and facilitating bill payments.
Super Tutor

Learn better with visuals Super Tutor has hundreds of illustrations like this across every chapter — all free to try.

Get started
4 Topics · ICSE Class 10 Mathematics

Topics in Banking

1

Introduction to Banking

  • A bank is an institution for keeping, lending, and exchanging money safely
  • People deposit spare money in banks to avoid theft risk and earn interest
  • Banks lend money to borrowers at higher interest rates than they pay depositors
2

Functions of Banks

  • Getting deposits from customers
  • Lending money to borrowers
  • Transferring money from one place to another
3

Recurring Deposit Account

  • Similar to fixed deposit but involves monthly deposits
  • Depositor chooses a fixed amount (usually multiple of ₹5) to deposit monthly
  • Period ranges from 3 months to 10 years (usually multiples of 3 months)
4

Interest Calculation Concept

  • Each monthly deposit earns interest for different periods
  • First deposit earns interest for n months (full period)
  • Second deposit earns interest for (n-1) months

Key Concepts

A bank is an institutionA type of bank account whereSince different monthly deposits earn interestFor recurring depositsMaturity Value (MV) = P ×

Frequently Asked Questions

What are the important topics in Banking for ICSE Class 10 Mathematics?
Banking covers several key topics that are frequently asked in ICSE Class 10 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Banking — ICSE Class 10 Mathematics?
Start by understanding all key concepts. Practise previous year questions from this chapter. Revise formulas and definitions regularly. Use flashcards for quick revision before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Banking

All 22 chapters — ICSE Class 10 Mathematics Syllabus

For serious students

Get the full Banking chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for ICSE Class 10 Mathematics.

Try Super Tutor Free
Try the full chapter — Free