Microsoft is rolling out new Document library template just it we have in Microsoft list. Creating document libraries will now be a breeze with our ready-made templates with scenario relevant content, structure, metadata, and content types - all to save you time and maintain broader consistency across your content management organization.
Here are the Following available Templates
Media Library
Invoices
Learning
You can also create a document library from an existing library on your site or other sites.
Some of the templates include “Release date reminder” that send a mail 3 days before the date of the column.