Loans offered by nagrik sahkari bank

Guided by :

Prepared by:
Ms.aupama goswami Nimavat mayuri Jagruti solanki

Kkpims amreli

banking

Bank A financial institution that is licensed to deal with money and its substitutes by accepting time and demand deposits, making loans. The bank generates profits from the difference in the interest rates charged and paid. The development of banking is an inevitable precondition for the healthy and rapid development of the national economic structure.

Service offered by bank

Checking/Current account Savings accounts Internet/Mobile Banking ATM Cards Check Books Deposit Accounts Loans Credit Cards etc. Bill Payment Shopping Ticket Booking Prepaid Mobile Services

Establishment of banking in india

The Businessmen called Shroffs, Seths, Sahuk ars, Mahajans, Chettis etc. had been carrying on the business of banking since ancient times.

The origin of western type commercial Banking in India dates back to the 18th century

The story of banking starts from Bank of Hindusthan established in 1770 and it was first bank at Calcutta under European management banks were set up under charters from the British East India Company- Bank of Calcutta, Bank of Bombay and the Bank of Madras. These worked as quasi central banks in India for many years So this bank is called India's First Truly Swadeshi bank.

Banking system in India

Rererve bank of india

Commercia l bank

Scedule bank

Cooperative bank

Foreign bank

Rural bank

Urban co operativ e banks others

State co operative banks

Private banks

Public sector bank

Current scenario

In order to sustain the business growth amid highly competitive market and slowing Indian economy, banks are likely to expand in the overseas market.

They will try to tap emerging opportunities by expanding into newer markets such as Africa, former Soviet region and other South East Asian countries, in which India has maintained good trade relations.

Private sector Banks have pioneered internet banking, phone banking, anywhere banking, mobile banking, debit cards, Automatic Teller Machines (ATMs) and combined various other services and integrated them into the mainstream banking arena

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The state government has declared that the annual rate of interest on general provident fund and other similar accounts will be 8% in the financial year 2010-11.

Government of India had formulated a scheme for extending financial assistance at concessional rate of interest of 4% to selected low income groups

Introduction of co operative bank

A Co-operative is an independent association of a persons united voluntarily to meet their common economic, social and cultural needs and aspiration through a jointly owned and democratically controlled enter price.

India finance urban areas under: Self-employed. Industries. Small scale unit. Home finance. Consumer finance. Personal finance.

India finance urban areas under:

Self-employed. Industries. Small scale unit. Home finance. Consumer finance. Personal finance.

Eye view of ansb

Name of the unit

: Amreli Nagrik Sahakari Bank Ltd.

Establishments Year
Form of organization Registration No. Bank AddRress Working Hours

: 1964.
: Co-operative one. : 8905. : Keriya RoadNagrik Bhavan Amreli. : Monday to Friday. = 8a.m. to 4:30 p.m. Saturday. = 8 a.m. to 3 p.m. : April to march. : One. : Amreli jilla madhayastha sahakari bank ltd.

Accounting Year Audit Class Competitors

Introduction of ansb

Amreli Nagrik Sahakari Bank has received an in-principle approval from the Reserve Bank of India (RBI) to set up a bank in the cooperative sector, in 1964 during the period of nationalization of the Indian banking sector in India.ANSB ltd.was incorporated in july, 1964 in the name of Amreli Nagrik Sahkari Bank Limited, with registered office in Amreli, india

ANSB ltd. Conducts retail banking services. The objectives of the retail banking business segment is to provide a full range of financial products and services. Its operation through three core business segment, which include; deposits, Advances other services.

Mission

The mission of ANSB Ltd. Is to provide the best customer services and product innovation, with continuous up degree with pace of time and technology. Efficiency and effectiveness built on ethical practices.

goals
Develop close relationship with individual. Maintain its position as the premier housing finance

institution in the amreli.

Transform ideas into practical and creative solutions.

Grow through diversification by leveraging off the

existing client base.

objectives
Build Sound And Close Relationship With The Individual

To Achieve A Healthy Growth In Profitability Steady With The Banks Risk Desire. Ensuring The Highest Level Of Ethical Standards Professional Honesty

Various departments
Finance department Operation department

Marketing department
Human resource departments

Operation mgt

The product / service offering is amont the most crucial elements in marketing of banking services

SERVICE GIVEN TO THE CUSTOMER: Mobile banking service clearing service Current account Saving account Fix deposit account Clearing service Insurance service

Draft facility at all over India Locker facility loan servic

Tqm manage by ansb

customer focus

leadership
involvement of people process approach system approach to management continual improvement factual approach to decision making mutually beneficial supplier relationship

Human resorce mgt

Hours of work:-

Normally 12 hours, but subject to completion target

Working in shift:-

Weekly off: Saturday: Half Day Sunday: Off

Pay & salary: Provident fund, Loan, savings are deducted from salary

Normally there are four shifts into. 1st shift is 8:00 A.M. to 3:00 P.M. 2nd shift is 10:00 A.M to 5:00 P.M. 3rd shift is 11:00 A.M. to 6:00 P.M. 4th shift is 1:00 P.M. to 8:00 P.M.

Scheme: Provident fund

employees

Pension Life insurance of

Welfare activity

organized library in which newspaper, magazine and books relating to Banking. Leave Life insurance is given to the employees at Rs. 50000

include retirement benefits, gratuity, provident fund, and pension plan, Transfer Township etc.

Marketing managment

Ansb offer different types of loans & deposit shcems SAVING ACCOUNT MICR (magnatic ink character reader) check book facility. Sms facility. Check book facility possible when a/c balance rs.1000. A/c holders id proof & living proof & other persons . Interest rate 3. 5%. CURRENT ACCOUNT Current account is primary mint for businessmen, firms, companies, public enterprise, etc. that have numerous daily banking transactions

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FIXED DEPOSITS Duration

(%)

interest rate 5% 6% 7% 8% 8.5 % 9.50 %

30-45 days 46-89 days 90-179 days 180days 1 year 1-3 year More than 3 year

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RECURRING DEPOSITS

The recurring deposit in bank is mean for someone who want to invest a specific some of money on a monthly basEasy process to open an account. Quick and timely service. Maturity deposit at attractive interest rates. Maturity Convenient period. is for a fixed rate of return Will be open for at least 12 months or more. At least Rs. 50 need for open account

Swot analysis
S = STRENGTH

The Bank is having very good reputation among the

general public. As the district is mainly agriculture based The staff and the management of the bank are residing in the same district As this is a co-operative bank people feel this bank as their own bank. Customer high relationship

swot
W = WEAKNESS

Lack of adequate marketing techniques.

Dependency on government Less modern operating system

Lack of quick service

Lack of customer integrity

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O = OPPORTUNITIES As The Bank Has A Very Good Customer Base, It Can Expand

Their Business Without Much Investment. This Bank Can Open Branch Or Open Extension Counters At These Potential Areas. As The Customers Are The Real Beneficiaries, The Bank Can Educate And Attract The General Public To The Bank. Micro Finance Loans, Group Loans, Etc. Are Much Attracted By The Poor And Middle Income People And Bank Can More In This Field. Mechanization And Modernization Can Lessen The Cost And Their By It Can Reduce The Overall Cost Of The Organization.

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T = THREATS . Emergence of other banks with modern facilities is the major

challenge faced by the bank. The cut throat competition in the banking scenario is another major factor which pulls the bank into back door. Government and political interference are often against the banking policy and it makes loss. Staff posting is not on the basis of work volume, but on staff strength in the past. This leads to overstaffing.

Loans

Loans means the amount given to the borrower agaist sequrity & facitly charge as interest rate duducted from the borrower a/c

Types of loans Secured loan Unsecured loan

Loans offers by ansb

Securities loans (for working)

Securities on loans Hypothetic loan Personal loan FD against loan & industrial loan Machinery loan Medical equipments loan Industrial loans Gold loan Property against loan others

In detail

Securities loan (for working personal) Person have to present salary receipts & document For satisfy middle class family s money requirement

Securities on loans Loan against government securities Loans against cash credit Cheque against loans

Hypothetical loan Offer to share holder for purpose of business establishment Person have to represent 2 years balance sheet data for it Rebate 1% Loan a/c renewable every year

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Personal loan

Offer to any personal facilitate by their conditions Considering paying capacity of credit

FD against loan 85% loan amount given of total FD Loans against kishan vikas patra 2% rate charged more than fd rate

Machinery loan

Any type of machinery loans Offered on the basis of balance sheet credit amount Machinery or property against machinery at present value

 Medical Equipment Loans

This type of loans offers to the medial practitioner For the purpose of new equipment purchases Modern equipments facility Industrial Loan

Offers to factory or industry to establishment purpose Credit data have to represent Inventory against loan

Any machinery or government or receivable bills against loans provided

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GOLDLOAN

. 10 gram gold against 9500rs loans For middle class family short term money facility without selling gold ornaments
LOAN AGAINT PROPERTY ANBS Ltd. Provides you loan against property (LAP). You can now take a loan agent your residential or commercial property

Other loans as per the security balances bank facility to recover credit

description
loans loans

Securities loans (working personal) Securities loans Securities loans (w 16% Hypothetical loans orking personal) Property against loan Gold loan Personal loan Securities loans 16%

Others Hypothetical loans

Int rate

Maxi amt 50000

Duration limit 36 month

20000
17 lakh -

36 month
Renew every year 10 years

15 to 16% 15%

Property against loan

Gold loan
Personal loan Others

13%
15.5% 15%

2 years
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