B U S I N E S S A S P E C T I N

B A N K I N G A N D I N S U R A N C E

S Y B M S

P R O F E S S O R I N C H A R G E :

R U P A M A D A M

Group Members

Name

Amir Qureshi

Rehan Patel

Shrikanth Golpindi

Prasad Naik

Arshi Kulabkar

Roll No

23

21

10

19

40

AXIS BANK

Axis Bank was the first of the new private banks to have

begun operations in 1994, after the Government of India

allowed new private banks to be established.

The Bank has strengths in both retail and corporate

banking and is committed to adopting the best industry

practices internationally in order to achieve excellence.

AXIS BANK

The Bank's Registered Office is at Ahmedabad and

its Central Office is located at Mumbai. The Bank has

a very wide network of more than 1000 branches.

The Bank has a network of over 4055 ATMs

providing 24 hrs a day banking convenience to its

customers. This is one of the largest ATM networks

in the country.

Accounts & Deposits

Axis Bank offers various Accounts & Deposit

plans that you can choose from depending

on the term period, nature of deposit and its

unique saving and withdrawal features.

Accounts

Zero Balance Savings Account

Prime Savings Account

Demat Account

Zero Balance Savings Account

These accounts are primarily meant to inculcate a sense of

saving for the future, accumulating funds over a period of

time. The account while offering you a whole range of

services also addresses fulfill your need of having an

account without the hassle of maintaining an average

quarterly balance.

Features

No Average Quarterly Balance requirement

Free International Debit Card with an Accidental Insurance

cover up to Rs 2 lakhs

Free mobile banking facility

Access through more than 1000 branches and over 4055

ATMs (as on 31st March 2010)

Features

24x7 Telebanking & Internet banking

Free quarterly statements

Prime Savings Account

Axis Bank, always strived to pace their products

with the growing needs of the customers. The

Prime Savings account has therefore been created

with customers specific financial requirements in

mind.

Features

Through the 'At Par' cheque facility, you have the unique

advantage to encash your cheques upto Rs. 1,00,000 as a

local cheque at more than 330 centres where the bank has a

presence at no extra cost.

The Prime Savings Account eases your banking experience by

providing you a passbook and monthly statement of

account to keep you updated on all your transactions and

assist you better in managing your finances.

Features

Access through more than 1000 branches and over

4055 ATMs (as on 31st March 2010)

24x7 Telebanking & Internet banking .

Demat Account

Axis Bank is a registered member (Depository Participant) of

NSDL. In this system, physical security holdings are

converted into electronic (or in other words, dematerialized)

holdings. Axis Bank has been enrolled as a Depository

Participant by the NSDL - India's first depository. You can

avail of all the depository-related services by just opening an

account with NSDL through Axis Bank.

Features

Transfer of shares and settlements: Transfer and

settlements have never been easy as it is under the depository

system. If you are selling securities then it has to be a delivery

instruction slip. If you are purchasing securities it has to be a

receipt instruction slip.

Receipt of Corporate Benefits: Even securities entitlements

like bonus and rights can be credited to your demat account

electronically.

Features

Dematerialisation of shares: You can convert your

physical holdings into electronic form.

Rematerilialisation: You have the option to convert your

electronic shares back to physical shares.

Pledge: You can also avail loan against shares by pledging

shares in your demat account.

Deposits

Fixed Deposits

Tax Saver Fixed Deposit

Recurring Deposit

Fixed Deposits

Axis Bank offers you simple reinvestment Fixed

Deposits (at very competitive interest rates), which

can be opened with a minimum investment of

Rs 10,000. You can make additions to your deposit

in multiples of Rs 1,000 each. The tenure of your

deposit must be a minimum of 6 months.

Features

Reinvestment Deposits: In a reinvestment deposit, the

interest accrued to your deposit at the end of each quarter

is invested along with the principal.

Automatic Rollover: As a Fixed Deposit holder, you can

avail of the facility for automatic rollovers on maturity (for

both the principal and interest).

Features

Withdrawals: All encashments or withdrawals of Fixed

Deposits can only be made at the branch where the deposit

was booked.

Tax Saver Fixed Deposit

In the Finance Bill of 2006, the government had

announced Tax benefits to Bank Term Deposits

which are of over 5 year tenure u/s 80C of IT Act,

1961

Features

Fixed tenure without premature withdrawal.

Amount limited to Rs. 100 minimum and Rs. 100,000

maximum.

Bank will issue a Fixed Deposit Receipt that shall be the basis of

claiming tax benefit.

Term deposit under this scheme cannot be pledged to secure a

loan.

Recurring Deposits

Axis Bank's Recurring Deposit scheme will allow you

with an opportunity to build up your savings through

regular monthly deposits of fixed sum over a fixed

period of time.

Features

Recurring deposits are accepted in equal monthly installments of

minimum Rs 1,000 and above in multiples of Rs 500 thereafter.

The fixed number of installments for which a depositor can opt

are 12, 24, 36, 39, 48, 60, 63, 72, 84, 96, 108 and 120 months.

Transfer of Accounts - a recurring deposit account can be

transferred from one office of the Bank to another branch.

Features

The amount of installment once fixed, cannot be changed .

The total amount repayable to a depositor, inclusive of

interest, depends on the amount of monthly installments

and the period of deposit.

Cards

Axis Bank’s range of Cards help you meet your

financial objectives. So whether you are looking

to add to your buying power, conducting

cashless shopping, or budgeting your

expenditure, you will find a card that suits you.

Credit Cards

Platinum Advantage Credit Card

Easy Platinum

Gold Credit Cards

Silver Credit Card

Corporate Credit Card

Platinum Advantage Credit Card

Highest Level of Security : The Platinum Chip offers

clear authentication of credit payments combined with easy

fraud detection.

25% cash back on Movie ticket bookings

c

Platinum Advantage Credit Card

5% cash back on Dining at all restaurants

5% Savings on Fuel Spends: Enjoy 5% benefit on your

fuel spends in the form of 2.5% cash back and 2.5% Fuel

Surcharge refund.

Easy Platinum

A Credit Card that's very Easy to get with minimal

documentation and guaranteed approvals. With the

Easy Credit Card, you get a host of benefits,

attractive rewards and exciting offers every month!

Features

Guaranteed Approval: Axis Bank Easy Credit Card is 100% assured.

Easy Documentation:

No Income proof

No additional address proof

No additional identity proof

Lower Interest Rate of 1.95% Per Month

Gold Credit Cards

Axis Bank presents an exclusive credit card for

exclusive people - Gold Credit Card. With it you can

access special features and avail the best benefits.

Features

Global Acceptance: The Axis Bank Gold Credit

Card is accepted at over 23 million VISA accepting

merchant establishments world-wide.

Petrol Surcharge Refund: 2.5% fuel surcharge

refund for Fuel transactions between Rs. 400 and

Rs. 4000 at all petrol pumps across India.

Features

Comprehensive Insurance Cover: Axis Bank Gold Credit

Card includes a package of insurance benefits to set you mind at

ease. The table below enumerates the benefits provided on Axis

Bank Gold Credit Card.

S. No. Cover Type Amount (Rs.)

1 Air Accident Cover 25,00,000

2 Credit Shield 40,000

3 Lost Card Liability 1,00,000

Total 26,40,000

Silver Credit Card

Presenting, Axis Bank's Silver Credit Card. Now, you

can experience freedom like never before. Freedom

from cash, long queues and all other hassles.

Features

Global Acceptance: The Axis Bank Silver Credit Card

is accepted at over 23 million VISA accepting merchant

establishments world-wide.

Comprehensive Insurance: Cover Axis Bank Silver

Credit Card includes a package of insurance benefits to

set you mind at ease.

Corporate Credit Card

Axis Bank's Corporate Card offers the best travel and

expense management solution to corporates with

global acceptance and customized solutions powered

by VISA.

Features

Streamlining Payments: Your company will be able

to track travel and entertainment expenses to enable you

to manage and control your business travel-related

expenses more efficiently.

Savings through Online Bookings: Your

organization can get significant savings on Airlines and

Hotel booking by buying tickets or booking hotels online.

Debit Cards

Priority Platinum Chip Debit Card

Priority Debit Card

Classic Debit Card

Gold Debit Card

Business Gold Debit Card

Priority Platinum Chip Debit Card

The Priority Platinum Chip Debit Card is the first

chip-based platinum debit card in the country. It not

only provides you the added level of security through

the embedded chip but also provides you a host of

other benefits.

Features

Free Unlimited Domestic and International ATM

Usage

Higher Transaction Limits

Enhanced Insurance Coverage

Special Offers

Features

Rewards Programme

24-Hour Emergency Helpline

Customer Service Contact

Priority Debit Card

The Priority Banking Debit Card is an International

Visa Debit card meant exclusively for Priority

Banking customers. It comes with a host of enhanced

benefits

Features

Free usage at all Visa ATMs: The Priority Banking

debit card gives you free usage at all Visa ATMs in India,

even at ATMs of other banks.

Zero Fuel Surcharge: On using your Gold Debit Card

for fuel purchases, you get a full waiver of fuel surcharge

that would be normally applicable otherwise.

Features

Higher Transaction Limits: The daily ATM Cash

Withdrawal Limit has been enhanced to Rs 50,000

per day at all Axis Bank ATMs.

Classic Debit Card

Modern times necessitate that you need to have

access to your money anytime and any where. The

Axis Bank International Debit Card addresses this

need.

Features

A deposit access program, the Debit Card redefines

convenience. Apart from being an ATM (Automated

Teller Machine) Card used for withdrawing cash, it

also enables you to shop and make cashless

purchases. You can use the card to make payments at

shops, department stores, restaurants, petrol pumps

and many more outlets in India and overseas.

Gold Debit Card

Axis Bank's Gold Debit Card is more than just a debit

card. It comes with a host of enhanced benefits and

exclusive reward program. Meant for valued Axis Bank

customers, it is a result of our constant endeavour to

understand your requirements and design products

and services with you in mind.

Features

Flexibility of usage

Worldwide reach

Reward program

Zero Fuel Surcharge

Additional safety and enhanced insurance

Features

Enhanced limits for cash withdrawal

24-Hour Emergency Helpline

Customer Service Contact

The Business Gold Debit Card is an effort from Axis

Bank, available only to its most privileged current

account holders, the Business Gold Debit Card

mirrors great business success and achievement with

a host of enhanced benefits and exclusive value

deals.

Business Gold Debit Card

Features

Instant identification

Flexibility of usage

Worldwide reach

Zero Fuel Surcharge

Special offers and discounts on card usage

Features

Reward program

Additional safety and enhanced insurance

Enhanced limits for cash withdrawal

24-hour customer service

Customer Service Contact

Loans

Home Loan

Car Loan

Personal Loan

Loan Against Shares

Home Loan

Axis Bank's Power Home puts an end to your

Real Estate troubles. Augment your reach and

buy the house that you've set your heart on.

Features

Features of Power Home Loan

Attractive interest rates

Balance Transfer facility

Doorstep service

Nil Prepayment charges

Car Loan

Axis Bank's Power Drive will help realize your dream.

With some of the world's finest cars now available in

India don't let the price tags discourage you. Power Drive

will bridge that distance by financing a major part of the

cost of your new car. So, you don't have to put the brakes

on your ambition.

Features

Attractive interest rates

Loans available for salaried and self employed

individuals, proprietorships and partnership firms

Special schemes for Axis Bank Salary accountholders

No income proof schemes available

Loans offered from Rs. 1 lakhs onwards

Loans tenure from 1 year to 7 years.

Personal Loan

Presenting Axis Bank's personal Loans. Go on your

dream holiday, buy the latest lifestyle gizmo, gift

your wife a lovely diamond ring, renovate your house

or just squash a temporary cash crunch. Let us give

you a helping hand. Our personal loans will meet all

your personal requirements.

Features

Loans for salaried individuals of select companies

Special loans for doctors, chartered accountants,

engineers, architects.

Loans are available from Rs 1 lakhs to Rs 20 lakhs

Repayment tenures from 12 to 60 months

Attractive interest rates

Features

Zero balance Saving Bank account facility for

personal loan customers

Simple procedure, minimal documentation and

quick approval

Loan Against Shares

Individuals are only eligible to apply

Overdraft facility against single and combination of

scrips

Interest charged on actual amount utilised - no EMI

or post dated cheques required

Loan Against Shares

Shares can be pledged from any Depository

Participant across the country

Special scheme for Axis Bank Priority and Wealth

customers

Other Facilities

Axis Bank apart from their main functions of

accepting deposits and lending carry out various

other functions such as:-

Internet Banking

Safe Deposit Locker

Internet Banking

Want to reach your bank in a split-second? Use the

mouse! Using the Internet, you can look-up the

status of your account, submit queries and undertake

a wide range of transactions.

Features

Online Balance inquiry for Savings Bank Account, Current Account, Term Deposits, Loan Account.

Online Transaction Query

Depository Account Statement of Holding

Transactions Statement

Status of Instruction Display

Safe Deposit Locker

A Safe Deposit Locker with Axis Bank is the solution

to your concern. Located at select branches in cities

all over the country, our lockers ensure the safe

keeping of your valuables.

Features

Wide Availability: As on May 31, 2010 lockers are

available at 944 branches and extension counters.

Lockers available in various sizes.

Direct debits for locker rentals from your account rid

you of the hassles in writing out cheques.

Extended banking hours to operate lockers.