Unit Bank is a type of bank under which the banking operations are carried by a single branch with a single office and they limit their operations to a limited area. Unit Banking is a system of banking wherein a bank operates in a limited GK, General Studies, Optional notes for UPSC, IAS, Banking, Civil. Group banking is a bank plan that generally provides incentives for groups, if the group establishes a banking relationship with the institution. Group banking is offered by some banks to incentivize a whole group of people, like employees of a company, to have a relationship with the. Chain banking is a form of bank governance that occurs when a small group of people control at least three banks that are independently. Chain Banking is a form of banking when a small group of individuals control three or more banks which are independently chartered. unit banking - Meaning in hindi, what is meaning of unit banking in hindi dictionary, pronunciation, synonyms and definitions of unit banking in hindi and English. The main difference between unit banking and branch banking is that a unit banking is a banking system in which one bank, generally a small. What's the difference between Branch Banking and Unit Banking? For example , a large banking corporation, such as Chase in the U.S., owns Chase bank. Unit Bank is a type of bank under which the banking operations are carried by a single branch with a single office and they limit their operations to a limited area. Advantages of Unit Banking: Unit banking system has the following advantages: 1. Disadvantages of Unit Banking: The following are the disadvantages of unit . It operates in the Limited area and does not open any branches in other places. There are several advantages and disadvantages of the unit banking system.