Description
PRESENTATION ON ABHYUDAYA CO-OPERATIVE BANK
INTRODUCTION
? IT IS A CO OPERATIVE BANK. ? IT WAS ESTABLISHED IN JANUARY,1964. ? THE SHARE CAPITAL IN BEGINNING WAS RS.5000,. WITH 183 MEMBERS IN THE SOCIETY. ? CURRENT SHARE CAPITAL IS 45.33CR ? THE PURPOSE IS TO ENHANCE THE HABBIT OF SAVING AMONGST POOR & MIDDLE MAN. ? THE SECONDARY OBJECIVE IS TO PROVIDE FINANCE TO THE AGRICULTURE & RURAL PEOPLE. ? IT PROVIDES PLATFORM TO FINANCIALLY UNSOUNDED PEOPLE.
FUNCTIONS
1) ACCEPTING DEPOSITS
DEPOSITS RATE OF INTREST
SAVING
CURRENT RECCURING FIXED
4%
4% 9.75%
2)GRANTING LOAN’S
TYPE OF ABHYU ICICI LOAN DAYA BANK
PERSONAL HOME CAR EDUCATION 14.5% 10.25% 10.75% 12.5-13.5% 16.5% 11% 14.75% 11%
DENA BANK
16% 10.50% 10.75% 14%
DIFFERENCS IN INTEREST
AMOUNT ABHYUD AYA (14.5%) 100000 14500 200000 29000 300000 43500 400000 58000 DENA (16%) ICICI (16.5%)
16000 32000 48000 64000
16500 33000 49500 66000
GRAPHICAL REPRESENTATION
70000 60000 50000 40000 30000 20000 10000 0 ABHYUDAYA DENA ICICI
100000
200000
300000
400000
DIFFERENCE IN INT.
ABHYUDAYA
DENA
ICICI
SERVICES
? ANY BRANCH BANKING ? ATM ? DRAFT ALL OVER INDIA ? COLLECTION OF OUTSTANDING CHEQUE ? INTERNET BANKING ? TELE BANKING ? SMS BANKING
BENEFITS OF BANKING
? WITHDRAW CASH THROUGH ANY OF BANK BRANCHES ? ACCEPTING CHEQUE OTHER THAN PARENT BANK ? LOANS AT LOW RATE OF INTERST. ? QUICK TRANSACTIONS ? SPECIAL PLANS FOR LOANS-UDYOG VIKAS SCHEME FOR POOR PEOPLE ? SATISFACTORY SERVICES PROVIDED
OBJECTIVES
? TO PROVIDE SERVICES TO PEOPLE,,& NOT PROFIT EARNING. ? TO PROVIDE FRAMEWORK FOR CO OP. GOVERNENCE ? TO SAVE PEOPLE’S DEPOSTS & PRODUCE BENEFITS FOR THEM ? TO ACCEPT DEPOSIT & PROVIDE LOANS TO FARMERS ? TO MANAGE & CONTROL TO OTHER SMALL CO OP BANKS ? TO PROVIDE LOANS AT CHEAPER RATE TO MIDDLE CLASS PEOPLE ? TO WORK IN A DEMOCRATIC PRINCIPLE
NRI ACCOUNT
?REQUIREMENT:• PASSPORT • 2PHOTOS • VISA • SERVICE CONTRACT INTREST:
12-24MONTH 24-36MONTH 2.48% 2.64
36-60MONTH
2.84%
FOREIGN EXCHANGE
? ABHYIDAYA BANK IS ONE OF THE SELECTED CO OP BANK TO DEAL IN FOREIGN EXCHANGE ? BANK HAS TIE UP WITH BOI & UAE EXCHANGE ? FOR FOREIGN EXCHANGE PURPOSE THE BANK IS USING SWIFT & NEFT TO PROVIDE EFFICIENT & PROMPT SERVICES
doc_898801781.pptx
PRESENTATION ON ABHYUDAYA CO-OPERATIVE BANK
INTRODUCTION
? IT IS A CO OPERATIVE BANK. ? IT WAS ESTABLISHED IN JANUARY,1964. ? THE SHARE CAPITAL IN BEGINNING WAS RS.5000,. WITH 183 MEMBERS IN THE SOCIETY. ? CURRENT SHARE CAPITAL IS 45.33CR ? THE PURPOSE IS TO ENHANCE THE HABBIT OF SAVING AMONGST POOR & MIDDLE MAN. ? THE SECONDARY OBJECIVE IS TO PROVIDE FINANCE TO THE AGRICULTURE & RURAL PEOPLE. ? IT PROVIDES PLATFORM TO FINANCIALLY UNSOUNDED PEOPLE.
FUNCTIONS
1) ACCEPTING DEPOSITS
DEPOSITS RATE OF INTREST
SAVING
CURRENT RECCURING FIXED
4%
4% 9.75%
2)GRANTING LOAN’S
TYPE OF ABHYU ICICI LOAN DAYA BANK
PERSONAL HOME CAR EDUCATION 14.5% 10.25% 10.75% 12.5-13.5% 16.5% 11% 14.75% 11%
DENA BANK
16% 10.50% 10.75% 14%
DIFFERENCS IN INTEREST
AMOUNT ABHYUD AYA (14.5%) 100000 14500 200000 29000 300000 43500 400000 58000 DENA (16%) ICICI (16.5%)
16000 32000 48000 64000
16500 33000 49500 66000
GRAPHICAL REPRESENTATION
70000 60000 50000 40000 30000 20000 10000 0 ABHYUDAYA DENA ICICI
100000
200000
300000
400000
DIFFERENCE IN INT.
ABHYUDAYA
DENA
ICICI
SERVICES
? ANY BRANCH BANKING ? ATM ? DRAFT ALL OVER INDIA ? COLLECTION OF OUTSTANDING CHEQUE ? INTERNET BANKING ? TELE BANKING ? SMS BANKING
BENEFITS OF BANKING
? WITHDRAW CASH THROUGH ANY OF BANK BRANCHES ? ACCEPTING CHEQUE OTHER THAN PARENT BANK ? LOANS AT LOW RATE OF INTERST. ? QUICK TRANSACTIONS ? SPECIAL PLANS FOR LOANS-UDYOG VIKAS SCHEME FOR POOR PEOPLE ? SATISFACTORY SERVICES PROVIDED
OBJECTIVES
? TO PROVIDE SERVICES TO PEOPLE,,& NOT PROFIT EARNING. ? TO PROVIDE FRAMEWORK FOR CO OP. GOVERNENCE ? TO SAVE PEOPLE’S DEPOSTS & PRODUCE BENEFITS FOR THEM ? TO ACCEPT DEPOSIT & PROVIDE LOANS TO FARMERS ? TO MANAGE & CONTROL TO OTHER SMALL CO OP BANKS ? TO PROVIDE LOANS AT CHEAPER RATE TO MIDDLE CLASS PEOPLE ? TO WORK IN A DEMOCRATIC PRINCIPLE
NRI ACCOUNT
?REQUIREMENT:• PASSPORT • 2PHOTOS • VISA • SERVICE CONTRACT INTREST:
12-24MONTH 24-36MONTH 2.48% 2.64
36-60MONTH
2.84%
FOREIGN EXCHANGE
? ABHYIDAYA BANK IS ONE OF THE SELECTED CO OP BANK TO DEAL IN FOREIGN EXCHANGE ? BANK HAS TIE UP WITH BOI & UAE EXCHANGE ? FOR FOREIGN EXCHANGE PURPOSE THE BANK IS USING SWIFT & NEFT TO PROVIDE EFFICIENT & PROMPT SERVICES
doc_898801781.pptx