Which of the following is NOT a typical product type in Retail Banking?

Wealth Management Services are typically considered outside the traditional scope of retail banking products. Retail banking focuses primarily on products and services that cater to individual consumers, such as savings accounts, vehicle loans, and recurring deposits. These offerings are closely aligned with everyday banking activities and the financial needs of the general public.

In contrast, wealth management services are more tailored to high-net-worth individuals and clients who require personalized financial planning, investment management, and estate planning. This segment is often associated with private banking or investment management firms rather than standard retail banking, which is why it is identified as the option that doesn't fit within the common product types offered by retail banks.

The other product types, such as recurring deposits, savings accounts, and vehicle loans, are foundational elements within the retail banking portfolio, directly addressing the personal financial needs of consumers.