My project on BaNkInG-Param S. Pandit

Bank Says: “Opening a bank account is part of

everyday life and is something most people should do by the time they begin earning money.”

Account opening form:

Formalities after opening the form:

1. Submit the form to the respective neighborhood HDFC bank with the important documents as needed.

2. Pay the amount needed and wait for the manager or agent to call you and assume you as the bank member.

3. [ Steps for opening account or filling forms online defer from the above.]

The bank ensures security to us:

Procedures: When you open a new bank account, you want to

get as much for your money as you can. Finding the bank with the highest interest rate and the lowest fees will help you keep more of your money. Opening an account at HDFC bank gives you the convenience of banking online combined with the ease of visiting your local bank. But before you open your HDFC bank account, you should make sure you have the identification, documents and information you need.

Documents needed {VERY

IMPORTANT} Federal law requires certain personal

identification documents to open a bank account. You need a valid photo ID such as a driver's license, state-issued or military ID. Non-citizens must provide their alien registration number. You must have your Social Security number and proof of your address (a utility bill or apartment lease will do). You should provide a current email address. If you are going to electronically transfer the initial deposit from another bank account, you'll need the bank name and the check routing number and account number.

Types of accounts:

Savings account Current account Fix deposit accounts Recurring deposit accounts

Etc……………

Advantages to customers: SAVINGS ACCOUNT

Regular Savings Account Access your account across a wide network of branches and ATMs Avail of convenient services like Net Banking and Mobile Banking.

SavingsMax Account Get a FREE Titanium Royale Debit Card Enjoy an Accidental Hospitalization cover of Rs. 1 lac per annum

Regular Savings Account Access your account across a wide network of branches and ATMs Avail of convenient services like NetBanking and MobileBanking Senior Citizens Account

Get FREE travelers' cheques Get insurance against hospitalization in case of an accident

Current account:- Features and Benefits Free local collections through cheque and Fund transfer Free Local and anywhere cheque payment facility Convenient Inter-city Banking. Free collections through RTGSand NEFT Eligibility You are eligible to operate a Regular Current account if you

fall under any of the following categories: Resident Individual Hindu Undivided Family Sole Proprietorship Firms Partnership Firms Private and Public Limited Companies

What’s it all about ? [ fix deposit ] The account which is opened for a

particular fixed period (time) by depositing particular amount (money) is known as Fixed (Term) Deposit Account.

The term 'fixed deposit' means that the deposit is fixed and is repayable only after a specific period is over.

What’s it all about ? [ fix deposit ] The account which is opened for a

particular fixed period (time) by depositing particular amount (money) is known as Fixed (Term) Deposit Account.

The term 'fixed deposit' means that the deposit is fixed and is repayable only after a specific period is over.

Recurring deposit accounts:-

Recurring deposit account is generally opened for a purpose to be served at a future date. Generally opened to finance pre-planned future purposes like, wedding expenses of daughter, purchase of costly items like land, luxury car, refrigerator or air conditioner, etc.

ATM cards:-

An ATM card (also known as a bank card, client card, key card or cash card) is a card issued by a bank, credit union or building society...