PROTON business school

A Report On Comparative Analysis Of Banks

Mahak dhoot
Kanter hall
03b017
• Axis bank – Y.N road
• HDFC bank – South Tukoganj
• State bank of Patiala – Usha Nagar
Accounts
 Zero Balance Savings Demat Account Demat Account
Account  Saving account  Saving account
 Current account  Current account
 Krishi Savings Account
 Pension Savings Account  Pension Savings Account
 Easy Access Savings  Family saving  Star account
Account  Kisan club saving  No frills saving account
 Azaadi - No Frills  Flexi current  Money multiplier
 Prime Savings Account  RFC domestic
 Senior Citizen's Account  apex current account
 Kisan no frills saving
 Women's Savings Account
 Senior citizen saving
 Demat Account  Retail trust saving
 Corporate Salary Account  Defence saving account
 Trust/NGO Savings  No frill saving account
Account  Trade current account
 Saving max
 Power Salute
 Kids advantage
 Pension Savings Account
 KYC Guidelines

Completing the basic

formalities

The avg. amt of balance

Charges for issue of

cheque
books, additional
statement of accounts.
Deposits
 Fixed Deposit  Fixed Deposit  Fixed Deposit
 Recurring Deposit  Recurring Deposit  Recurring Deposit
 Encash 24  Safe deposit locker  Deposit locker
 Tax Saver Fixed  5 year tax saving  Tax saving term
Deposit deposit
Cards
 Credit Cards  Credit Cards  Credit cards
 Debit Card  Debit Card
 Prepaid Cards  Prepaid Cards
  Home Loan
 Home Loan  Home Loan
 Car Loan
 Car Loan  New Car Loan
 Two wheeler loan
 Personal Loan  Personal Loan  Personal Loan
 Loan Against Shares  Two wheeler loan  Loan Against
 Loan Against Property  Used car loan pensioners
 Loan Against Security  Loan Against Property  Loan Against gold
ornaments
 Study Loan  Loan Against Security  Loan Against RBI relief
 Consumer Loan  Gold loan bonds
 Smart draft  Education Loan
 Education loan  Loan against term
deposit
 Tractor loan
 Loan against property
Investments
 Mohur Gold  Mdura Gold bar  Mutual Funds
 Online Trading  IPO application  Demat Account
 Mutual Funds through ASBA
 Demat Account  Mutual Funds
 Kal Bhi, Aaj Bhi  Demat Account
 Equity and
derivatives
 Bonds
 Tax planning
 Knowledge center
Insurance
 Safe Guard  Home  Sbi Life – Subh
 Safe Home  Travel Nivesh
 Family Health  Personal Vehicle  Sbi Life – Maha
 Safe Home plus  Health Anand
 Sliver Health  Commercial vehicle  Sbi Life – Smart
ULIP
 Motor Insurance  Traditional plans  Sbi Life – group
 Jewellery Insurance  Unit linked plans criti9
 Travel Companion
 Critical Illness
 Life Insurance
Products
 Business Advantage
 5 for Life
Payments
 Bill Pay  Bill Pay  Bill Pay
 Tax e-Payments  (VBV)MasterCard
 Tax e-Payments
 Electronic Clearing SecureCode
Service  Netsafe  Electronic Clearing
 RTGS Funds Transfer Service
 Direct Tax Payments
 Pension  Online Payment of  Direct Tax Payment
Direct Tax  High value clearing
Disbursement
 Visa Money Transfer services
 Instapay
Other services
 Mobile Refill  Mobile Refill  Atms
 Lockers  Lockers  Net banking
 E-Statement  E-Statement
 Online Shopping  Online Shopping
 IPO Smart  Religious offerings
 branch network  Donate to charity
 Atms  Branch network
 Net banking  Atms
 Net banking
Accounts
 NRE Saving account  NRE Saving account  NRE Saving account
 NRO Saving account  NRO Saving account  NRO Saving account
 NRE Current account  NRE Current account  NRE Current account
 NRO Current account  NRO Current account  NRO Current account
 Super Saver account  Super Saver account  Super Saver account
 Sweep in account  Sweep in account  Sweep in account
 RFC Saving account  RFC Saving account  RFC Saving account
Deposits
NRE Rupee Deposit NRE Fixed Deposit  FCNR Deposit
 FCNR Deposit  NRO Fixed Deposit  NRE Fixed Deposit
 NRO Rupee Deposit  RFC Fixed Deposit  NRO Fixed Deposit
 RFC Term Deposit  FCNR Deposit
Remittances
AxisRemit Quickremitt  SBI Express Remitt
 Partner Banks  Indialink  Rapid Remittance
 SWIFT  cheque Lockbox  SWIFT
 Exchange House Tie-  Telegraphic / Wire
ups Transfer
 Funds Transfer through
Cheques / DDs / TCs
The key objective of CIBIL system is generation of credit
information file as per RBI Guidelines.

Salient Features:-

• Credit information of corporate and individual consumers

from regional branches is consolidated at Delhi Branch.
• Facility of uploading of Credit information as well as manual
entry by users
• Credit information file generation as per the RBI guidelines
• Validations on segments like Borrower, Relationship, Credit
facility, Guarantor etc as per RBI guidelines.
Kyc Norms
 KYC (KNOW YOUR CUSTOMER)

The Reserve Bank of India (RBI) has advised banks to follow a 'KYC
guidelines', where in certain personal information of the account-
opening prospect or the customer is obtained. The objective of doing
so is to enable the Bank to have positive identification of its
customers. This is also in the interest of customers to safeguard their
hard earned money.

The KYC guidelines of RBI mandate banks to collect three proofs from
their customers. They are

• 1. Photograph
• 2. Proof of identity
• 3. Proof of address
 When does KYC apply?
KYC will be carried out at the following stages:

 Opening a new account

 In respect of accounts where documents as per current KYC
standards have not been submitted while opening the initial
account
 Opening a Locker Facility where these documents are not available
with the Bank for all the Locker facility holders
 When the Bank feels it necessary to obtain additional information
from existing customers based on conduct of account
 When there are changes to signatories, mandate holders, beneficial
owners etc.
 For non-account holders approaching the Bank for high
value one-off transactions like Drafts, Remittances etc.