Dynamics of Banking System

8/3/2019 Dynamics of Banking System

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Rajkot Co-operative Bank Important documentation

It provide interest rate @ 3.5%

Account holder ca withdrawn money 5 times in a month

Punjab National Bank- Important documentation

- PNB MITRA

- PNB VIDYARTHI HDFC Bank

- Important documentation

- It provide saving account at minimum Rs. 10,000 withfree cheque book and ATM card


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Rajkot Co-operative Bank

- It provides 50% concession to the partnership firm,

company and other institute Punjab National Bank

- concessions on maintenance of quarterly averagingbalance of Rs. 1,00,000/- and above

HDFC Bank- It provide current account at minimum Rs 10,000 and with

free withdrawal service at home branch and customercan deposit maximum RS. 10,000/- per day


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Rajkot Co-operative Bank It provide fixed deposit on time basis

It charge minimum rate @ 3.75% on FD

It charge minimum rate @ 7.25% on FD Punjab National Bank

SPECTRUM FIXED DEPOSITE- FD features tailormade toindividuals requirements

PNB TAX SAVERTax benefit on term deposit

HDFC Bank Bank provide fixed deposit which calculate interest at

quarterly basis for deposits of 6 months and above and Theperiod of Fixed Deposit is calculated in number of days. Thisban follows simple interest method


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Rajkot Co-operative Bank NA

Punjab National Bank- To open an account minimum deposit will be 25,000required. It also provides Free Lockers facility for thecustomers maintaining a minimum balance of Rs.500000

HDFC Bank One Year to less than 2 Years it charge 2.77%

Two Years to less than 3 Years it charge 2.76%

Three Years to 5 Years it charge 3.31%


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Punjab National Bank This bank provide core banking system and all thetransaction are possible for account holder to operatewith the help of core banking system

HDFC Bank: -- This bank provide core banking system and all the

transaction are possible for account holder to operatewith the help of core


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Rajkot Co- operative Bank NA

Punjab National Bank-This bank provide mutual fund of UTI.

HDFC Bank

This bank provide mutual fund of the following companies TATA Mutual fund

Prudential ICICI Mutual fund

Standard Chartered Mutual fund

ING Mutual Fund


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Rajkot Co- operative Bank This bank is providing insurance of the following

companies

General Insurance

ING life insurance

Punjab National Bank This bank provide insurance of LIC

HDFC Bank This bank provides insurance of HDFC EGRO with Premium

discount up to 15% available for security features whichProtection for both your home and its contents


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Punjab National Bank This bank provides D-mat accountservice25% concession

on Annual Custody Charges forD-MatServices

HDFC Bank

This bank provides D-MAT account service with minimumadvance fees of Rs.2500/-


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Punjab National Bank This bank is appointing a person to handle premium

customer account

HDFC Bank This bank is appointing a person to handle premium

customer account


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Rajkot Co- operative Bank

NA

Punjab National Bank This bank charge Rs. 2/- on the transaction at minimum

amount Rs. 30,000/-

HDFC Bank This bank settles the ECS transaction within 1 day


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Punjab National Bank This Bank provides high value clearing service which

clear transaction within 25 min in all over India

HDFC Bank This Bank provides high value clearing service which clear

transaction within 30 min in all over India


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NA

Punjab National Bank This bank provides underwriting at 6 % premium on various

schemes available

HDFC Bank

This bank provide under writing through Smart lifeinsurance


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Rajkot Co- operative Bank This bank is providing following type of the term loan -Hiring loan -Agricultural loan

-Building loan This bank provide above loan up to the 25, 00,000 Rs.

Punjab National BankThis bank provide following type of term loan - Hiring loan - Agricultural loan - Infrastructure loan

This bank provide term loan of Rs 3, 00,000 to the employee

HDFC Bank This bank provide term loan up to Rs.4, 00,000/-


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Rajkot Co- operative Bank This bank provide cash credit to the SBUs and the industry

up to Rs. 15, 00,000/-

Punjab National Bank

This bank provide cash credit facility up toRs 25, 00,000/-

HDFC Bank This bank provide cash credit facility up to Rs 20, 00,000/-


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Rajkot Co- operative Bank This bank provide medium term housing loan

Punjab National Bank This bank provide housing loan up to Rs.

10, 00,000

HDFC Bank

This bank provide housing loan at 8.25% premium


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Rajkot Co- operative Bank This bank provide loan to only two wheeler vehicles as per

the rule of RTO

Punjab National Bank This bank provide vehicle loan with minimum 20% margin

and with 25, 00,000 minimum income per annum

HDFC Bank Flexible repayment options, ranging from 12 to 48 months

available with this bank in vehicle loan


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NA

Punjab National Bank It includes Vivaha loan for marriages, Paryatak Loan for

tour/travel, Arogya loan for medical treatment

HDFC Bank

This bank provide personal loan to those applicantswhose minimum income is of Rs. 10,000 and withnecessary documents checking


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Rajkot Co- operative Bank These banks provide education loan and it pays 75%

amount initially it includes the following things:- Tuition Fee Hostel fee It provide 1 year gracing period after completing the

education to repay the loan

Punjab National Bank This bank provide education loan of "VIDYALAKSHYAPURTI"

at minimum amount of Rs. 4, 00,000/- HDFC Bank

This bank is providing education loan up to Rs. 12, 00,000/-with Tenure Up to 84 Months Including Moratorium


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Punjab National Bank This bank provides 125% rate against mortgage

loan with additional securities

HDFC Bank This bank provide 1.5% rate againstmortgage loan


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Rajkot Co- operative Bank This bank is providing locker facilities which

can be used by the customer during the baking

hours only

Punjab National Bank This bank is providing locker facilities which

can be used by the customer during the baking

hours only

HDFC Bank This bank is providing locker facilities which can be

used by the customer during the baking hours only


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Punjab National Bank (a) Rail Reservation

This bank provides online booking and information throughIRCTC payment gateway

(b)Mobile Charging This bank provides mobile recharging facility which can

be operated by the account holder through internet

HDFC Bank This bank provides mobile recharging facility and rail

reservation facility which can be operated by theaccount holder through internet


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NA

Punjab National Bank This bank provide ATM card at Rs. 100/- pa.

HDFC Bank

This bank is providing free ATM card


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This bank provide 1 types of card Gold Debit Card: - Gold debit card is issued to Premium

customers maintaining minimum Quarterly averagebalance of Rs.50000 in Saving fund A/c and Rs. 100000/- inCurrent A/c

HDFC Bank This bank provide 2 types of card

Gold Credit Card:- minimum repayment 5% of 200 Rs Silver Credit Card:- :- minimum repayment 5% of 200 Rs.


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This bank is affected by RBI and government policies andalso follows all the norms of RBI and Government policies



HDFC Bank



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Rajkot Co-operative Bank All the grievances would be solved by branch manager

no need to contact any other system


All the grievances would be solved by branch managerno need to contact any other system

HDFC Bank All the grievances would be solved by branch manager

no need to contact any other system


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Rajkot Co-operative Bank Bank contact regional office or collect information

through KYC form

Punjab National Bank Bank contact regional office or collect information

through KYC form

HDFC Bank Bank contact regional office or collect information

through KYC form


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Punjab National Bank Bank cut down NPA to increase the profit of the bank and

the risk management system would be strengthened at alllevelsfrom doing due diligence on the borrower,monitoring loans accounts and upgrading weakaccounts. Similarly, the recovery mechanism would beimplemented effectively

HDFC Bank Bank working effectively at all level to increase the profit

as per NPA rules


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Rajkot Co- operative Bank Bank collect all the information of the customer by filling

up the form KYC at the initial stage which contain all themandatory information about the customer i.e. Name,

Occupation, Mobile no. , Responsibilities Punjab National Bank

Bank collect all the information of the customer by fillingup the form KYC at the initial stage which contain all themandatory information about the customer i.e. Name,Occupation, Mobile no. , Responsibilities

HDFC Bank Bank collect all the information of the customer by filling

up the form KYC at the initial stage which contain all themandatory information about the customer i.e. Name,Occupation, Mobile no. , Responsibilities


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Dynamics of Banking System

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