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INTRODUCTION

IT IS A CO OPERATIVE BANK.

IT WAS ESTABLISHED IN JANUARY,1964.

THE SHARE CAPITAL IN BEGINNING WAS RS.5000,.WITH 183 MEMBERS IN THE SOCIETY.

CURRENT SHARE CAPITAL IS 45.33CR

THE PURPOSE IS TO ENHANCE THE HABBIT OF

SAVING AMONGST POOR & MIDDLE MAN.

THE SECONDARY OBJECIVE IS TO PROVIDE FINANCETO THE AGRICULTURE & RURAL PEOPLE.

IT PROVIDES PLATFORM TO FINANCIALLYUNSOUNDED PEOPLE.

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FUNCTIONS

1) ACCEPTING DEPOSITS

DEPOSITS RATE OF INTREST

SAVING 4%CURRENT -

RECCURING 4%

FIXED 9.75%

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2)GRANTING LOANS

TYPE OF

LOAN

ABHYU

DAYA

ICICI

BANK

DENA

BANK

PERSONAL 14.5% 16.5% 16%HOME 10.25% 11% 10.50%

CAR 10.75% 14.75% 10.75%

EDUCATION 12.5-13.5% 11% 14%

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DIFFERENCS IN INTEREST

AMOUNT ABHYUD

AYA

(14.5%)

DENA

(16%)

ICICI

(16.5%)

100000 14500 16000 16500

200000 29000 32000 33000

300000 43500 48000 49500

400000 58000 64000 66000

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GRAPHICAL REPRESENTATION

0

10000

20000

30000

40000

50000

60000

70000

100000 200000 300000 400000

ABHYUDAYA

DENA

ICICI

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DIFFERENCE IN INT.

ABHYUDAYA

DENA

ICICI

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SERVICES

ANY BRANCH BANKING

ATM

DRAFT ALL OVER INDIACOLLECTION OF OUTSTANDING CHEQUE

INTERNET BANKING

TELE BANKINGSMS BANKING

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BENEFITS OF BANKING

WITHDRAW CASH THROUGH ANY OF BANK

BRANCHES

ACCEPTING CHEQUE OTHER THAN PARENT BANK

LOANS AT LOW RATE OF INTERST.

QUICK TRANSACTIONS

SPECIAL PLANS FOR LOANS-UDYOG VIKAS

SCHEMEFOR POOR PEOPLE

SATISFACTORY SERVICES PROVIDED

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OBJECTIVES

TO PROVIDE SERVICES TO PEOPLE,,& NOT PROFITEARNING.

TO PROVIDE FRAMEWORK FOR CO OP. GOVERNENCE

TO SAVE PEOPLES DEPOSTS & PRODUCE BENEFITS FOR

THEM TO ACCEPT DEPOSIT & PROVIDE LOANS TO FARMERS

TO MANAGE & CONTROL TO OTHER SMALL CO OPBANKS

TO PROVIDE LOANS AT CHEAPER RATE TO MIDDLECLASS PEOPLE

TO WORK IN A DEMOCRATIC PRINCIPLE

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NRI ACCOUNT

REQUIREMENT:-

PASSPORT

2PHOTOS VISA

SERVICE CONTRACT

INTREST:

12-24MONTH 2.48%

24-36MONTH 2.64

36-60MONTH 2.84%

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FOREIGN EXCHANGE

ABHYIDAYA BANK IS ONE OF THE SELECTED CO

OP BANK TO DEAL IN FOREIGN EXCHANGE

BANK HAS TIE UP WITH BOI & UAE EXCHANGE

FOR FOREIGN EXCHANGE PURPOSE THE BANK

IS USING SWIFT & NEFT TO PROVIDE

EFFICIENT & PROMPT SERVICES