7/26/2019 Presentation on Types of Deposit

1/17

PRESENTATION ON

TYPES OF DEPOSIT

Presented By

Neelam

Shashank

Varun

Vidit

7/26/2019 Presentation on Types of Deposit

2/17

DEMAND DEPOSIT

An account from which deposited funds canbe withdrawn at any time without any noticeto the depository institution.

Low interest rate on savings accounts. High transaction costs. Two Types of Demand Deposits Savings Account Current Account

7/26/2019 Presentation on Types of Deposit

3/17

FIXED DEPOSIT

Term deposits repayable after a specific time

period ranging from 7 days to 10 years.

Fied deposits a!so give you a higher rate ofinterest than a savings ban" account.

A Fied Deposit a!so "nown as a TermDeposit.

7/26/2019 Presentation on Types of Deposit

4/17

FIXED DEPOSIT

#hen the deposit period e!apses$ thedepositors get interest on the amountdeposited.

oans facility against fi!ed

deposits.

7/26/2019 Presentation on Types of Deposit

5/17

PERIOD OF FIXED

DEPOSIT

Deposit are accepted for a minimum period of %& daysand maimum period of %'( months.

Deposit cou!d however be accepted !onger than %'(months in fo!!owing cases) #here the interest of minors are invo!ved For institutions$ *overnment underta"ings$

Corporate bodies to meet their specia! need !i"ecreation of sin"ing fund etc. and for individua!s forany of their specia! needs.

7/26/2019 Presentation on Types of Deposit

6/17

BENEFITS OF A

FIXED DEPOSIT

" #ide range of tenures$ ranging from 1%

days to 10 years$ to suit your in&estment

plan.

Safe custody of your fixed depositreceipts.

oan facility is a&ailable upto '0( of principal

and accrued interest.

7/26/2019 Presentation on Types of Deposit

7/17

BENEFITS OF A

FIXED DEPOSIT

)hoice of t#o in&estment plans* Traditional or

+ein&estment.

Traditional Reinvestment

,nterest payable monthlyand -uarterly as per yourcon&enience.

,nterest is compounded-uarterly and rein&ested#ith principal amount.

aturity period rangesfrom 1% days to 10years.

aturity period rangesfrom / months to 10years.

7/26/2019 Presentation on Types of Deposit

8/17

CHARACTERISTICS OF

FIXED DEPOSIT

Amount is repayab!e at the end of the maturityterm offering !ess !i+uidity.

Higer intrest rates r offered due to !ow !i+uidity. Normaly higher rate is offered for !onger period

of deposits. Interest is payab!e every +uarter .

,inimum deposit amount varies for ban"s from-s. %((( to -s.%((((( and in mu!tip!ies of-s.%(((.

7/26/2019 Presentation on Types of Deposit

9/17

VARIOUS BANKS

7/26/2019 Presentation on Types of Deposit

10/17

INTEREST RATES LESS THAN

15 LAKHS (AXIS BANK

7/26/2019 Presentation on Types of Deposit

11/17

INTEREST RATES LESS THAN

15 LAKHS (I!I!I BANK

7/26/2019 Presentation on Types of Deposit

12/17

INTEREST RATES LESS THAN

15 LAKHS (I!I!I BANK

7/26/2019 Presentation on Types of Deposit

13/17

INTEREST RATES

15 LAKHS T" 5# LAKH

(AXIS BANK

7/26/2019 Presentation on Types of Deposit

14/17

INTEREST RATES

AB"$E 15 LAKHS

(I!I!I BANK

7/26/2019 Presentation on Types of Deposit

15/17

INTEREST RATES

AB"$E 15 LAKHS

(I!I!I BANK

7/26/2019 Presentation on Types of Deposit

16/17

RECURRING DEPOSIT

Scheme for sa&ing fi!ed amount e&ery month

for a fi!ed period.

Penalty for delay in payment of installment.

No ta! deducted at source.

Principal and ,nterest repayable on maturity.

7/26/2019 Presentation on Types of Deposit

17/17

THANK YOU