DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH

Name : G.Rajeswari
Designation : Senior Lecturer
Branch : Commercial and Computer Practice
Institute : Government Polytechnic, Srikakulam
Year/Semester : V semester
Subject : Banking
Subject code : CCP 504(B)
Topic : Customer Services in Banks
Duration : 50mts
Sub topic : Types of customers
Teaching Aids : PPT
CCP504(B).36 1
Kinds of Customers

Objectives:
• On completion of this period, you would be able
to:
 understand the different types of customers of
a Bank

CCP504(B).36 2
Various Types of Customers of a bank

Introduction: -

 Who is a customer ?
 Who can become a customer of a Bank?
 Is there any condition to become a customer of a
Bank ?

CCP504(B).36 3
Definition

 It is easier to recognise a customer than to define

the term customer.
 A customer was defined as “ a person who has
some sort of an account , either or current account ,
or some similar relation with a Baker”.

CCP504(B).36 4
Customer –Pre- Requisits

 Any one can become a customer of Bank who

attained the age of 18 years.
 The person must have credit worthiness.

CCP504(B).36 5
Customer –Pre- Requisits

 For opening an account with the Bank, either a

savings or current account, the person must be
capable of depositing the prescribed minimum
amount.
 His application must be signed by a customer of the
bank by way of introduction.

CCP504(B).36 6
Various Types of Customers of a bank

Various Types of Special Customers are :

• Minors-The person who has not attained the age of 18
• Lunatics-The person who do not have sound Mind
• Drunkards-The person who is in intoxicated condition
• Married women-The women who got married
• Illiterates-The person who cannot read and write
.

CCP504(B).36 7
Various Types of Customers of a bank

1. Joint Accounts-Accounts in the names of more

than 1 person
2. Partnerships-Registered under partnership Act
3. Joint Stock Companies-Registered under
companies Act

CCP504(B).36 8
Various Types of Customers of a bank

• Executors and Administrators-Trusts

• Joint Hindu Family firms.
• Educational, Institutions, Charitable
Associations, Clubs etc.,-Non Trading
institutions

CCP504(B).36 9
Summary

Any one can become a customer of a

banker if he fulfils the following
conditions.
• He must have completed the age of 18
years.
• He can deposit minimum prescribed
amount.
• He must have creditworthiness.

CCP504(B).36 10
Summary

1. He must be introduced by a customer of

the bank
2. There are several types of customers to
a bank
3. They are Minors, Lunatics, Illiterates etc.,

CCP504(B).36 11
Quiz

1. Which of the following persons can become a

customer of a banker?
a) Joint stock companies
b) Minors
c) Partnership firms
d) All the above
2. Introduction to open a bank account is compulsory
a) Yes
b) No

CCP504(B).36 12
Quiz
1. Who is Minor
a) Less than 18 years
b) More than 18 years
2. The Lunatic is a person
a) Who do not have sound knowledge
b) Who do not have sound Mind

CCP504(B).36 13
Frequently Asked Questions

• Who can become a customer of a Bank ?

• List the Different types of Customers of a Bank?

CCP504(B).36 14