COMPARISON OF SAVINGS ACCOUNT PRODUCTS

Presented by:-

Anurag Mishra Sashikant Sailesh Goswami Akshara

Neelam

SAVING

S BANK

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Saving Bank Account:

Savings Bank Accounts are meant to promote the habit of saving among the citizens while allowing them to use their funds when required.

In contrast to savings accounts, checking accounts allow you to write cheque and use electronic debit to access your funds inside the account.

ICICI BANK

ICICI BANK

Industrial Credit and Investment Corporation of India (ICICI) is the second largest bank.

It was incorporated in Baroda on 5th jan1994

The chairman of the company is Mr. K.V. Kamath and the MD & CEO is Chanda D. Kochhar.

SAVING

ACCOU

NT PRO

DU

CTSSaving Account Products :-

Regular Saving Accounts

Silver Saving Account

Advantage Women Saving A/c

Senior Citizen Saving A/c

Gold Privilege Savings Account

Titanium Privilege Account

Salary Account

REGU

LAR SAVING

ACCOU

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Regular Saving Account

Features

Smart Shopper Silver Debit Card with exciting offers . & Visa Platinum PrivilegesMoney Multiplier facilityFree Internet Banking and Mobile BankingMinimum balance requirements:-

Minimum Monthly Average Balance (MAB) of Rs. 10,000 in Metro and Urban Locations.

Non Maintenance of MAB Charges: Rs. 250 per month if MAB is between Rs. 5,000 and Rs. 10,000 Rs. 350 per month if MAB is less than Rs. 5,000

SILVER SAVING

ACCO

UN

TSilver Saving Account

FeaturesSmart Shopper Silver Debit Card with exciting offers & Visa Platinum Privileges.Waiver of Multi city cheque payment charges for upto Rs. 1 lac per month.Discount of 5% on annual rent for safe deposit lockers.

Minimum balance requirements:-Minimum Monthly Average Balance (MAB) of Rs. 25,000

Non Maintenance of MAB Charges:Rs. 175 per month if MAB is between Rs. 10,000 and Rs. 25,000Rs. 250 per month if MAB is between Rs. 5,000 and Rs. 10,000

ADVAN

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EN SAVIN

G A/C

Advantage Women Saving A/c

Features

No minimum balance requirement with a Recurring Deposit of just Rs. 2,000Specially designed Woman's ICICI Bank International Debit CardFree unlimited Access to any bank's ATMFree multi-city cheque book

Minimum balance requirements

Recurring Deposit of Rs. 2,000 or Minimum Monthly Average Balance (MAB) of Rs. 10,000Non Maintenance of MAB Charges:

Rs. 250 per month if MAB is between Rs. 5,000 and Rs. 10,000Rs. 350 per month if MAB is less than Rs. 5,000

SENIO

R CITIZEN SAVIN

G A/C

Senior Citizen Saving A/c

Features

Designated Senior Citizens Desk at all ICICI Bank branchesHigher Interest Rates on Term DepositsAnywhere Banking with one free cash withdrawal or deposit per month upto a limit of Rs. 50,000 across all ICICI Bank branches

Eligibility and Minimum balance requirements:

To use features of this account, senior citizens must submit proof of ageMinimum Monthly Average Balance (MAB) of Rs. 5,000

Non Maintenance of MAB Charges:

Rs. 100 per month if MAB is less than Rs. 5,000

USIN

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PLATEMonetary policy data

Repo Rate : 6.00%Reverse Repo rate: 5.00%Bank rate : 6%SLR : 25%CRR :6%

The Housing Development Finance Corporation Limited(HDFC) was amongst the first to receive an in-principle approval from the RBI to set up a bank in private sector, as part of the RBI’s liberalization of the Indian Banking Industry

in 1994.

The Bank was incorporated in August 1994 in the name HDFC Bank Limited with its registered office in Mumbai, India.

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PLATEIndian Automobile Industry Analysis

Market capitalization of leading firms

FIRM PRODUCTS FOREIGN Partners MARKET CAPITALIZATION(IN BILLIONS)

STOCK LISTING

Maruti Suzuki Passenger Vehicles Suzuki Motor 9.2 Mumbai

Tata Motors Passengers and Commercial Vehicles

Fiat 7.4 Mumbai, Ney york

Mahindra & Mahindra

Passengers ,Commercial Vehicles,Two wheelers

Navistar for commercial vehicles,Renault for Passenger cars

6.1 Mumbai, london

Hero Honda Two Wheelers Honda Motors 7.7 Mumbai

Bajaj Auto Two and Three wheelers

Renault-Nissan for planned small car

5.7 Mumbai, london

Regular Savings AccountSavings Plus AccountSavings Max AccountSenior Citizens AccountNo Frills AccountFamily Savings AccountInstitutional Savings Account

Never overspend – shop using your International Debit Card that reflects the actual balance in your savings account..Avail of facilities like Safe Deposit Lockers, Sweep-In and Super Saver facilities on your account.

Free lifetime Titanium Royale Debit Card for the primary account holder. A Titanium Royale Debit Card for any other account holder will be charged at Rs. 250.Free demand drafts on HDFC Bank locations, up to Rs. 1 lakh per day.Self/third party cash deposit/withdrawal at non-home branches of up to Rs 50,000 per day is free.

Shop with pride with your Easy Shop International Debit Card, offered free for life to the primary account holder. You can spend up to Rs. 40,000 per day at any point of sale (POS).Enjoy cash withdrawals of up to Rs. 25,000 per day on your debit card at any HDFC Bank ATM.

Use National Electronic Funds Transfer (NEFT) to transfer funds from your HDFC Bank account to any account in another Bank at locations specified by the RBI.Get an International Debit Card on request at your branch at Rs. 100 per annum (plus applicable rates).

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Minimum Balance RequirementA minimum deposit of Rs. 10,000 (metro/urban branches), Rs. 5000 (semi-urban/rural branches) is required to open an account and thereafter an average monthly balance of the same amount has to be maintained.

For urban/metro branches: If AMB in the account is between Rs 5,000 to Rs 10,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 5,000, a charge of Rs 350/- per month would be levied.

Semi urban/rural: If AMB in the account is between Rs 2,500 to Rs 5,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 2,500, a charge of Rs 350/- per month would be levied.

AX

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Axis Bank is 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 was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies.

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The various kinds of Savings Bank Account

Easy Access Savings Account Future Stars Savings Account Women’s Savings Account Prime Savings Account Prime Plus Savings Account Pension Savings Account Senior Citizens Account

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Easy Access Savings Account

Minimum Average Quarterly balance of Rs. 10,000 / Rs 5000 / Rs 2500 for Urban / Semi-Urban / Rural Areas Respectively.

At-par Cheque book at no cost. ATM services with withdrawal limit of Rs. 40,000 /

month. No extra charges for Tele-banking, Internet Banking &

SMS Banking. Quarterly interest payable at 4% p.a. Quarterly statements are delivered free of cost &

Monthly e-statement.

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• Prime Savings Account

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• Future Star’s Savings Account

Average Quarterly Balance is Rs 2,500 in Urban/Metro/Semi- Urban areas & Rs. 1,000 for branches in Rural areas, the balance may be NIL if an Fixed Deposit of Rs. 25,000 or Recurring Deposit of Rs. 2000/ month is maintained.

Free Personalized Cheque book at no cost.

ATM services with withdrawal limit of Rs. 1,500 / month for children below age of 12 years.

No extra charges for Tele-banking, Internet Banking & SMS Banking.

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Senior Citizen’s Account

Minimum Average Quarterly balance of Rs. 5,000 in Urban & Metropolitan branches & Rs. 2,500in Semi- Urban & Rs. 1,000 in Rural Branches. At-par Cheque book with unlimited value of issue limit. International ATM card with withdrawal limit of Rs. 40,000 / day. No extra charges for Tele-banking, Internet Banking & SMS Banking. Free Senior Citizen ID cards.