An individual in banking terms is an account holder. He/ She is considered the owner of account and all the personal and profession information of person is verified by the bank as part of KYC.
The individual or account holder can deposit cash, request loan, use debit cards, issue cheques, withdraw cash and is allowed to perform various financial and non-financial transactions.
The customer of bank could either be an individual, corporate or another bank.
Individuals are an integral part of all the retail operation performed in a bank.