INTRODUCTION OF BANKING
By BALAJI KAMBLE
Assistant Professor
Dayanand College of Commerce Latur
MONEY FINDS ITS ORIGIN IN THE
NEED TO FACILITATE EXCHANGE.
THEREFORE MONEY IS
GENEREALLY DEFINED AS “A THING
THAT IS COMMONLY ACCEPTED AS
A MEDIUM OF EXCHANGE.”
MONEY
BARTER
SYSTEM
CATTEL
SYSTEM
METEL
COINS
PAPER
MONEY
EVOLUTION OF
MONEY
UNIT OF
ACCOUNT
MEDIUM OF
EXCHANGE
MEANS OF
PAYMENT
MEASURE
OF VALUE
STORE OF
VALUE
FUNCTION OF MONEY
DURABILITY
PORTABILITYDIVISIBILITY
FEATURES OF
MONEY
BANK IS THAT FINANCIAL
INSTITUTION WHICH ACCEPTS
DEPOSITS FROM THE PEOPLE AND
GIVES LOANS FOR THE PURPOSE
OF CONSUMPTION OR
INVESTMENT.
EVOLUTION OF
BANK
SAFEKEEPING
BENCHES
BANCA
BANK
ACCOUNTS DEPOSITS LOANS
CARDS FOREX INVESTMENTS
INSURANCE PAYMENTS OTHER
SERVICES
SEVICES OFFERED BY BANK AS A FINANCIAL
INTERMIDIARIES
•These account enables the customer to store their
surpluses, which are not immediately needed for useSAVING ACCOUNT
•Opened to meet the business needs of customerCURRENT ACCOUNT
•to manage your salaries smartly and convenientlySALARY ACCOUNT
•A dematerialized account used by organization to issue
share certificate as evidence of ownership of the shareDEMAT ACCOUNT
• Resident a service that would ensure not only the highest
level of priority but also preferential treatment to select
customers.PRIORITY ACCOUNT
ACCOUNTS
•farmer looking for an account that can be operated
easily
KRISHI SAVING
ACCOUNT
•woman seeking banking solutions tailored to your
needs
WOMEN’S SAVING
ACCOUNT
•a banking style that compliments your senior statusSENIOR CITIZEN
SAVING ACCOUNT
•a customized savings account to suit your specific
financial requirements
PRIME SAVING
ACCOUNT
•a Pensioner seeking banking solutions tailored to
your needs
PENSION SAVING
ACCOUNT
•A fixed deposit scheme to suit your
specific needsFIXED DEPOSIT
•Save small every month and experience
the power of compounding
RECURRING
DEPOSIT
•The Encash 24 (Flexi Deposits) gives you the liquidity of
a Savings Account coupled with high earnings of a Fixed
Deposit.ENCASH 24
•The government had announced Tax benefits to Bank
Term Deposits over 5 year tenure
TAX SAVER FIXED
DEPOSIT
DEPOSITS
RETAIL LOANS
• HOME LOANS
• CAR LOANS
• EDUCATION LOANS
• PERSONAL LOANS
PERSONAL OVERDRAFT
• LOAN AGAINST SECURITY
• LOAN AGAINST SHARES
• CONSUMER LOAN
LOANS
• Using your Credit Card with Plus Points and redeem
them against choicest products and gift vouchers.CREDIT CARDS
•Enjoy the convenience of cashless shopping, great offers,
anytime access to your Bank account and much more DEBIT CARDS
• A Prepaid Card has a pre-determined
monetary value loaded onto itPREPAID CARDS
• Travel Currency Card aims to make traveling
abroad a truly memorable experience.
TRAVEL
CURRENCY CARDS
CARDS
•a strong research driven recommendation
model to help you choose the best funds.MUTUAL FUND
•Issued by Reserve Bank of India (RBI) to
mobilize funds from retail investors
GOVERNMENT
BONDS
•5g to 50g can be directly purchased by
customers GOLD COINS
•Offers the shares to the investors in
public issuesSHARES
INVESTMENT
•A written instruction issued by customer to his bank to pay a
specified amount to the person named in the chequeCHEQUES
•A cheque issued by a bank on itselfPAYORDER/BANKER’S
CHEQUE
•Used when payment have to be made to far away places and
the payee insist on certainty of the paymentDEMAND DRAFT
•any bank and transfer money to the bank account of multi-
city cheque holders.MULTI-CITY CHEQUES
•Paperless credit / debit transactions directly linked to your
account
ELECTRONIC FUNDS
TRANSFER
PAYMENT
PREPAID MOBILE RECHARGE
LOCKERS
E-STATEMENT
ONLINE SHOPPING
OTHER SERVICES
BANKINGCHANNELS
ATM
PHONE
BANKING
INTERNET
BANKING
MOBILE
BANKING
THANK
YOU