Type of Bank Accounts

Money Market Account: There is facility for check card with free ATM transaction but there is limit for six withdrawals per month.

Can hold deposits of upto Rs. 1 lakh and have to pay interest on it (like savings account)

deposit to satisfy the Minimum Balance Requirement. Once the savings is opened and funded, the

The SBI Kohinoor Banjara branch received many account opening requests within a few days of its opening. In addition, it also broke even in

Business correspondents are the key players in Microfinance sector with technology-based transactions they are provided Point of Sale (POS) devices and doing EKYC through the finger print technology. They use Micro-ATM (POS) handheld device to perform basic financial transactions like Deposit, Withdrawal, Funds Transfer, Balance Enquiry, Mini Statement and other remittance. The below table depicts the POS based transactions during last five year across various

b. Providing Basic Banking Accounts with overdraft facility and RuPay Debit card to all households.

Ikobo cards: This is a re-loadable prepaid visa debit card. It is in no way linked to your bank account meaning there is no need for any credit checks; very useful for those people with a bad credit rating. You can transfer money on to the card and then this can be withdrawn from any ATM anywhere in the world which has the Visa sign. To gain an Ikobo card you simply order one directly from them and have it sent to whom ever you want.

The bank offers multiple type of credit card to its customers as the benefits and craze of credit card is increasing day by day. The benefits of using a credit card are many and not having to carry cash in your pocket wherever you go is the most

Starting from the year 2004 onward, the Bank realise that the amount keep increasing with the loan growth of 20% to 30% per annum. In early 2006 the Bank started to make it as a choice for the customer, weather to take insurance or not.

price of holding checking deposits (interest forgone by holding checking deposits) and amount of checking deposits held by people and firms

This ATM system requires that there be an active network link to the Bank and that the ATM has available cash to dispense.

- Deposits used to provide loans to other members and earnings from these loans are used to pay higher

c. Deposits with an Indian company which is not a private company – it may be even deposit with SBI or any other banking company;

The banks under study presented a positive growth, with 24.27% annual growth rate by HDFC, SBI with annual

In partial fulfillment for the requirement of “Management Financial System” course in two years full time Masters of Business Administration (MBA) programmed of Gujarat Technological University (GTU)