Description
Powerpoint Presentation on Cosmos bank
THE COSMOS CO-OPERATIVE BANK LTD.
? KAUSTUBH
BARVE ? ROSHAN WAGH ? SANTOSH KUMAR ? PRASHANT TURALE ? AKSHAY RAJE
?
The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Bank in India, celebrated its centenary on 18 January 2005. It is one of the first co-operative banks in the country to go live with the core banking solution across the entire network of its 119 service outlets using Finacle-Infosys Core Banking Software. It also received an Authorized Dealer License from the Reserve Bank of India to become the third co-operative bank in India to acquire such a license in thirty years
?
?
?
Cosmos Bank has nurtured its traditional values in business practices and in serving the small customers. At the same time it has adopted new technologies and advanced banking tools to add value to its services.
?
?
Cosmos Bank operates in 5 regional offices, 110 branches and 9 Extension Counters in India spread across 5 states and in 30 major Indian cities Financial setup of the bank as on 31.03.2011 was `15521 crore, comprising of Deposits of ` 9136.68 crore and Advances ` 6384.27 crore.
?
The bank is headquartered in Pune, and is managed by a team of executives, including a managing director.
?
Cosmos Bank is the first Multi-state Co-operative Bank to implement Centralized Banking System. It provides SMS facility for Account Balance, View of Last Three Transactions and Cheque Status.
?
?
Utility Bill Payment facility for Telephone, Electric, Mobile Bills, Insurance premiums, Donations etc.
Facility to transfer funds instantaneously to any account in any of our branch network. Availability of Franking Facility.
?
?
?
Cosmos Co-Operative Bank has 100 onsite ATM's each their Branches / Extension Counters. More than 64000+ ATMs are connected through Banks & NFS Tie Ups.
?
Best Bank award in Co-Operative Banks category
Cosmos Bank received the Best Bank award in Co-Operative Banks category from National Payment Corporation of India for achieving the NFS Operational Excellence
BANKING ACTIVITES
DEOPSITS
Apart from Regular Saving Accounts, Cosmos Bank provides the following types of Accounts:
? JANASANCHAY ? COSMO
SAVINGS ACCOUNT SCHEME
PREMIUM SAVING ACCOUNT
? COSMOS-KIDZ
SCHEME
SAMPLE OF AN ACCOUNT OPENING FORM
Apart from Regular Saving Accounts, Cosmos Bank provides the following types of Accounts:
?
COSMO 106 PLUS DEPOSIT SCHEME 80 C INCOME TAX DEPOSIT SCHEME FLEXI- FIXED DEPOSIT SCHEME FOR SAVINGS ACCOUNT HOLDERS
?
?
Current Accounts can be opened by individuals, sole proprietorship concerns, partnership firms, Joint Hindu Families,etc ? Minimum balance required to be maintained in Current Account is Rs. 2500/- onwards Current Account holders can avail: ? Multi-city Cheque book facility. ? ATM facility ? Collection of outstation cheques ? Demand drafts payable at more than 300 cities ? Electronic Funds Transfer
?
LOANS
?Loan available for purchasing new/used car or two wheeler for personal use. ?Margin : 10% for new vehicles, 30-40% for used vehicles.
Home loans are available for purchasing new/resale flat/house or for construction of bungalow/house or for taking over home loan from other institutions
OBJECTIVE OF THE SCHEME :
The scheme aims at providing financial support to deserving /meritorious students for pursuing higher education in India and abroad.
QUANTUM OF FINANCE :
Amount of loan Studies in India Max. upto `10 lakhs. Studies Abroad Max. upto ` 20 lakhs.
SECURITY :
A. Loan Up to ` 2 lakhs- Co-obligation of parents is necessary. B. Above ` 2 lakhs - Co-obligation of parents together with tangible collateral security of 60 % to 70% is expected to be provided.
PERIOD:
5-7 years
COSMO MORTGAGE LOAN SCHEME :
? ?
?
Loan upto ` 1 crore Property having age upto 25 years old in case of residential property and 30 yrs. in case of commercial properties will be considered. Both Term Loan and Overdraft facility available.
?Get Cash Loans in exchange of Gold / Gold Ornaments ? No Guarantor Required ?Interest calculation On daily reducing balance ?No prepayment charges
SERVICES
?
ANYWHERE BANKING :
ATMs Multi-City cheque book facility Instant Funds Transfer Electronic Clearing Services NEFT( National Electronic Funds Transfer)
? ? ? ? ?
?
MSEB BILL PAYMENT COSMO QUICK PAY
?
?
VAULTS (LOCKERS)
MUTUAL FUND SERVICES COSMO M POWER
?
?
NON BANKING ACTIVITES
?
Cosmos Foundation is a public charitable trust founded under the initiative of shareholders of Cosmos Co-op Bank on 16th October 1987. The registered office of the foundation is at 269/270, Shaniwar Peth, Pune-30.
?
?
To give loans to ward of the Cosmos Bank members at concessional rates for pursuing higher education abroad. To give medical help to members upto specified limits.
?
?
To felicitate the awards of members who excel in Std. X & XII examinations.
To promote educational spirit and to maintain, support, propagate intellectual qualities educational facilities, etc.
?
?
To arrange educational seminars, conferences, etc. To grant relief in the event of natural calamities such as earthquakes, floods, famine
?
?
The Foundation also provides outsourcing facility
Special arrangement as Executor & Trustee for preparation & execution of Will especially for the Senior Citizens.
?
?
Cosmos e-Solutions & Services Pvt. Ltd. is a fully owned subsidiary of COSMOS BANK. The company was established in May 2007 for mainly catering to the needs of the Banking and Financial Services Industry in the areas of Software Development, Training, IT Audit, IT Consultancy & Professional services.
?
COSMOS E-SOLUTIONS OFFERS:
? ?
?
? ? ? ?
IT organizational planning Project management Configuration management deployment Consulting & Services Training Software development System and IT audit
THANK YOU!
doc_107357313.pptx
Powerpoint Presentation on Cosmos bank
THE COSMOS CO-OPERATIVE BANK LTD.
? KAUSTUBH
BARVE ? ROSHAN WAGH ? SANTOSH KUMAR ? PRASHANT TURALE ? AKSHAY RAJE
?
The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Bank in India, celebrated its centenary on 18 January 2005. It is one of the first co-operative banks in the country to go live with the core banking solution across the entire network of its 119 service outlets using Finacle-Infosys Core Banking Software. It also received an Authorized Dealer License from the Reserve Bank of India to become the third co-operative bank in India to acquire such a license in thirty years
?
?
?
Cosmos Bank has nurtured its traditional values in business practices and in serving the small customers. At the same time it has adopted new technologies and advanced banking tools to add value to its services.
?
?
Cosmos Bank operates in 5 regional offices, 110 branches and 9 Extension Counters in India spread across 5 states and in 30 major Indian cities Financial setup of the bank as on 31.03.2011 was `15521 crore, comprising of Deposits of ` 9136.68 crore and Advances ` 6384.27 crore.
?
The bank is headquartered in Pune, and is managed by a team of executives, including a managing director.
?
Cosmos Bank is the first Multi-state Co-operative Bank to implement Centralized Banking System. It provides SMS facility for Account Balance, View of Last Three Transactions and Cheque Status.
?
?
Utility Bill Payment facility for Telephone, Electric, Mobile Bills, Insurance premiums, Donations etc.
Facility to transfer funds instantaneously to any account in any of our branch network. Availability of Franking Facility.
?
?
?
Cosmos Co-Operative Bank has 100 onsite ATM's each their Branches / Extension Counters. More than 64000+ ATMs are connected through Banks & NFS Tie Ups.
?
Best Bank award in Co-Operative Banks category
Cosmos Bank received the Best Bank award in Co-Operative Banks category from National Payment Corporation of India for achieving the NFS Operational Excellence
BANKING ACTIVITES
DEOPSITS
Apart from Regular Saving Accounts, Cosmos Bank provides the following types of Accounts:
? JANASANCHAY ? COSMO
SAVINGS ACCOUNT SCHEME
PREMIUM SAVING ACCOUNT
? COSMOS-KIDZ
SCHEME
SAMPLE OF AN ACCOUNT OPENING FORM
Apart from Regular Saving Accounts, Cosmos Bank provides the following types of Accounts:
?
COSMO 106 PLUS DEPOSIT SCHEME 80 C INCOME TAX DEPOSIT SCHEME FLEXI- FIXED DEPOSIT SCHEME FOR SAVINGS ACCOUNT HOLDERS
?
?
Current Accounts can be opened by individuals, sole proprietorship concerns, partnership firms, Joint Hindu Families,etc ? Minimum balance required to be maintained in Current Account is Rs. 2500/- onwards Current Account holders can avail: ? Multi-city Cheque book facility. ? ATM facility ? Collection of outstation cheques ? Demand drafts payable at more than 300 cities ? Electronic Funds Transfer
?
LOANS
?Loan available for purchasing new/used car or two wheeler for personal use. ?Margin : 10% for new vehicles, 30-40% for used vehicles.
Home loans are available for purchasing new/resale flat/house or for construction of bungalow/house or for taking over home loan from other institutions
OBJECTIVE OF THE SCHEME :
The scheme aims at providing financial support to deserving /meritorious students for pursuing higher education in India and abroad.
QUANTUM OF FINANCE :
Amount of loan Studies in India Max. upto `10 lakhs. Studies Abroad Max. upto ` 20 lakhs.
SECURITY :
A. Loan Up to ` 2 lakhs- Co-obligation of parents is necessary. B. Above ` 2 lakhs - Co-obligation of parents together with tangible collateral security of 60 % to 70% is expected to be provided.
PERIOD:
5-7 years
COSMO MORTGAGE LOAN SCHEME :
? ?
?
Loan upto ` 1 crore Property having age upto 25 years old in case of residential property and 30 yrs. in case of commercial properties will be considered. Both Term Loan and Overdraft facility available.
?Get Cash Loans in exchange of Gold / Gold Ornaments ? No Guarantor Required ?Interest calculation On daily reducing balance ?No prepayment charges
SERVICES
?
ANYWHERE BANKING :
ATMs Multi-City cheque book facility Instant Funds Transfer Electronic Clearing Services NEFT( National Electronic Funds Transfer)
? ? ? ? ?
?
MSEB BILL PAYMENT COSMO QUICK PAY
?
?
VAULTS (LOCKERS)
MUTUAL FUND SERVICES COSMO M POWER
?
?
NON BANKING ACTIVITES
?
Cosmos Foundation is a public charitable trust founded under the initiative of shareholders of Cosmos Co-op Bank on 16th October 1987. The registered office of the foundation is at 269/270, Shaniwar Peth, Pune-30.
?
?
To give loans to ward of the Cosmos Bank members at concessional rates for pursuing higher education abroad. To give medical help to members upto specified limits.
?
?
To felicitate the awards of members who excel in Std. X & XII examinations.
To promote educational spirit and to maintain, support, propagate intellectual qualities educational facilities, etc.
?
?
To arrange educational seminars, conferences, etc. To grant relief in the event of natural calamities such as earthquakes, floods, famine
?
?
The Foundation also provides outsourcing facility
Special arrangement as Executor & Trustee for preparation & execution of Will especially for the Senior Citizens.
?
?
Cosmos e-Solutions & Services Pvt. Ltd. is a fully owned subsidiary of COSMOS BANK. The company was established in May 2007 for mainly catering to the needs of the Banking and Financial Services Industry in the areas of Software Development, Training, IT Audit, IT Consultancy & Professional services.
?
COSMOS E-SOLUTIONS OFFERS:
? ?
?
? ? ? ?
IT organizational planning Project management Configuration management deployment Consulting & Services Training Software development System and IT audit
THANK YOU!
doc_107357313.pptx