Banking Products

PRESENTATION
ON
BANKING
PRODUCTS
Kuldeep Jangid
Sanjay Rajput
Ritesh Singh
VikasYadav
What is Bank?
■ A bank is a financial institution that accepts deposits from
the public and creates credit.
■ Types of Bank
– Retail banks
– Commercial banks
– Investment banks
– Central banks
– Online banks
Deposits
Credit Card
Loans, Cash
Debit Cards
Credit and
Automated Overdraft
Teller Machine
Banking
Products
E-Cheques Demat
Mobile and
Internet
Banking
Deposits
Current Deposit:
Savings Deposit/Savings Bank Accounts:
Fixed Deposit:
Recurring Deposits:
Miscellaneous Deposits
Loan
A loan is money, property or other material goods given to another party in exchange for
future repayment of the loan value amount, along with interest or other finance charges.
■ Types of Loans
– Secured vs. Unsecured Loan
– Revolving vs. Term
Special Considerations for Loans

Interest rates have a huge effect on loans: Loans with high interest rates have higher
monthly payments – or take longer to pay off – than loans with low interest rates.
■ Types of Interest
– Simple vs. Compound Interest
Cash Credit - CC Overdraft - OD
■ Cash credit is a facility to withdraw money ■ An overdraft occurs when money is
from a current bank account without having withdrawn from a bank account and the
credit balance but limited to the extent of available balance goes below zero. In this
borrowing limit which is fixed by the situation the account is said to be
"overdrawn". If there is a prior agreement
commercial bank. The interest on this facility with the account provider for an overdraft,
is charged on the running balance and not the and the amount overdrawn is within the
borrowing limit which is given by bank. authorized overdraft limit, then interest is
normally charged at the agreed rate.
■ Types of Overdraft
■ Advantages
– Authorized bank overdraft
– Source of working capital financing
– Unauthorized bank overdraft
– . Easy arrangement
Advantages
– Flexibility
– Perfect for mismatch of cash
– Tax-deductible – Prevents bouncing checks
– Interest charged – Enables on-time payments
– Saves time and paper
– Provides convenience
Credit Card
■ Credit Card is “post paid” or “pay later” card that draws from a credit line-
money made available by the card issuer (bank) and gives one a grace period
to pay
■ If the amount is not paid full by the end of the period, one is charged interest.
■ Types
– Gold Credit Card
– Platinum or Titanium Card
– Silver Credit Card
– Rewards Credit Card
– Business Credit card
– Balance Transfer Credit Card
– Prepaid Credit Card
Credit Card Companies (Leading companies in India)
■ American Express Gold credit card
■ Indian Overseas Bank Visa International Credit card
■ Axis Platinum card
■ Bank of India's India Card
■ Gold International Card
■ Citibank Dinners Club International card
■ ICICI Bank Online card
■ Syndicate Global Gold Credit Card
■ CorpBank Gold card
■ Vijaya Bank Visa Gold Credit Card
■ HSBC Platinum card
■ CorpBank Classic card
■ Vijaya Bank VISA Classic International Card
■ HDFC Silver credit card
Debit Card ATM
Debit Card is a “prepaid” or “pay now” card with ATM card is a device that allows customer who has
some stored value. Debit Cards quickly debit or an ATM card to perform routine banking transaction
subtract money from one’s savings account, or if at any time without interacting with human teller. It
one were taking out cash provides exchange services. This service helps the
customer to withdraw money even when the banks
ate closed.
Types of Debit Card
– Visa Debit Cards. Services provided at ATM
– Visa Electron Debit Cards – ATM’s provide 24 hrs., 7 days and 365 days a
– MasterCard Debit Cards year service.
– Contactless Debit Cards – Service is quick and efficient
– RuPay Debit Cards – Privacy in transaction
– Maestro Debit Card – Wider flexibility in place and time of
withdrawals.
Mobile Banking and Online Banking
On-line banking is now moving to the mobile world, giving everybody with a mobile phone
access to real-time banking services, regardless of their location.
Perks of having Mobile Banking

– Enjoy FREE, 24-Hour Access to account balances and transaction histories using your
Smartphone, or Tablet.
– Bill Pay - Pay virtually anyone. No more stamps, no more paper checks!
– Easily and quickly search history by date and description
– Person-to-Person Transfers - Send money to anyone
– Personalized Account Balance and Security Alerts.

Benefits of Internet Banking:
■ Reduce the transaction costs of offering several banking
services and diminishes the need for longer numbers of
expensive brick and mortar branches and staff.
■ Increase convenience for customers, since they can
conduct many banking transaction 24 hours a day.
■ Increase customer loyalty.
■ Improve customer access.
■ Attract new customers.
■ Easy online application for all accounts, including personal
loans and mortgages
Demat
■ An account that is used to hold shares and securities in electronic format is called a Demat account.
The full form of Demat account is a dematerialised account. During online trading, the purpose of a
Demat account is to hold shares that have been bought or dematerialised (converted from physical to
electronic shares), thus making share trading easy for the users.
■ Demat Account or dematerialised account provides facility of holding shares and securities in
electronic format. During online trading, shares are bought and held in a Demat account, thus
facilitating easy trade for the users. A Demat Account holds all the investments an individual makes in
shares, government securities, exchange-traded funds, bonds and mutual funds in one place.
■ Benefits of opening a Demat account and Advantages of Investing in Share Market:

– Investment Gains:
– Dividend Income:
– Diversification:
– Ownership:
E- Cheques
An electronic cheque is an electronic copy (scanned
image) of a real cheque, which is then transferred by
email. In addition to the cheque's 'real' signature, the
transfer must be digitally signed using the
sender's private key to authenticate the transfer.
THANK YOU

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PRESENTATION

Savings Deposit/Savings Bank Accounts:

Special Considerations for Loans

Perks of having Mobile Banking

– Easily and quickly search history by date and description

– Person-to-Person Transfers - Send money to anyone

– Personalized Account Balance and Security Alerts.

■ Benefits of opening a Demat account and Advantages of Investing in Share Market:

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