Presentation on Summer Internship Project

PRESENTED BY:- Sagar Deshmukh MMS 3rd Sem

A

PROJECT REPORTON

PRODUCTS & SERVICES OF TJSB SAHAKARI BANK

ThroughRAJEEV GANDHI COLLAGE OF MANAGEMENT STUDIES

NAVI MUMBAI

UNDER THE GUIDANCE OF

Porf.Mr. Dinesh Gabhane.

According to Indian Banking Companies Act 1949, “Banking

company is one which transacts the business of Banking which

means the accepting for the purpose of lending or investment

of deposits of money from the public repayable on demand or

otherwise and withdraw able by cheque, draft or otherwise.”

Now a day’s banking is not in its traditional way , with the advancement of technology its

focusing on more comfort of customer providing services such as:

• Online banking

• investment banking

• electronic banking

• internet banking

• pc banking /mobile

• e-banking

The importance of banking sector is immense in the progress and prosperity of any State

or country.

Indian Banking System

Co-Operative Bank Cooperative banks are so-called because they are organised under the provisions of theCooperative Credit Societies Act of the states. The major beneficiary of the Cooperative Banking is the agricultural sector in particular and the rural sector in general.

The cooperative credit institutions operating in the country are mainly of two kinds: agricultural (dominant) and non-agricultural. There are two separate cooperative agencies for the provision of agricultural credit: one for short and medium-term credit, and the other for long-term credit. The former has three tier and federal structure.

Types of Co-operative Banks

1. Primary Co-operative Credit Society

2. Central Co-operative Banks

3. State Co-operative Banks

4. Land Development Banks

5. Urban Co-operative Banks

ABOUT TJSB SAHAKARI BANK

With the modest beginning in 1972 in the co-operative field, the dynamism

infused by the Board of Directors, unflinching loyalties of clientele and devotion of

staff has propelled the sound foundation of The TJSB Sahakari Bank Ltd (TJSB) and

has emerged as one of the leading multi state scheduled co-operative Bank in the

country.

TJSB presently is catering to the needs of society through a close network

of 112Branches spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik,

Pune, Satara, Aurangabad, Kolhapur, Nagpur, Akola, Amravati, Latur. In the state of

Gujrat, Goa & Karnataka. All these Branches have made remarkable progress on all

fronts in all these years.

TJSB believes that "customer delight" is the ultimate goal and has a strong belief that

Customers & all Stakeholders wholehearted support, absolute faith and their patronage has

largely been responsible for its enviable growth. TJSB is committed to provide banking with

speed, comfort and convenience.

Products & Services1. Deposits

2. Accounts

3. Loans

4. Cards

5. Insurance

6. ATMs

7. E Banking Or Online Banking

8. Tele Banking

9. RTGS & NEFT

10. 8% Tax Saving Bonds

Deposits

1. FIXED DIPOSIT SCHEME

2. Tax Saver Fixed Deposits(KAR-BACHAT SCHEME)

3. QUARTERLY INTEREST DEPOSIT SCHEME

4. MONTHLY INTEREST DEPOSIT SCHEME

5. CASH CERTIFICATE DEPOSIT SCHEME

6. RECURRING DEPOSIT SCHEME

7. SHORT TERM DEPOSIT SCHEME

Account1. Saving Bank Account(SB)

2. Current Account(CA)

3. Cash Credit(CC)

4. Overdraft Against Security(ODS)

5. Overdraft Against Deposit(ODD)

6. NRO Saving Bank Account

7. NRE Saving Bank Account

8. Saving Bank for Women(SBW)

9. Sanjeevani Cash Credit (SCC)

10. Saving Bank For Co-Op Housing Society(SBCHS)

Loans1. Auto Finance (AMF-M)

2. SadaSavali (SS-M)

3. Property Loan (PRLN-M)

4. Professional Loan (PSLN-M)

5. Consumer Finance (KCF-M)

6. Working Capital (WCTL-M)

7. Gold Loan

8. Property Finance (PRFI-M)

9. VidyaSidhhi Education Loan (VS-M)

10. Traval Loan

Cards

1. TJSB Classic Debit Card

2. TJSB Platinum Debit Card

3. TJSB Rupay Debit Card

InsuranceThe bank has entered into a strategic tie up with Max India Life Insurance Co. a leading Co. in the Insurance business. With this, the bank will be able to market various insurance products across the counter.

Tele BankingSMS Banking

SMS Banking brings the Banking at your fingertips. Bank has introduced the SMS Banking Facility for its customers.

Under SMS Banking following facilities are offered to the Customers.

• Latest Balance in the Account

• Details of the last 3 transaction OF the Account

• Cheque Return Alert

• Transaction Alert

• Term Deposit Maturity Alert

RTGS & NEFTInter Bank Transfer enables electronic transfer of funds from the account of the remitter in

one Bank to the account of the beneficiary maintained with any other Bank branch. There are

two systems of Inter Bank Transfer - RTGS and NEFT. Both these systems are maintained by

Reserve Bank of India.

RTGS- Real Time Gross Settlement- This is a system where the processing of funds transfer

instructions takes place at the time they are received (real time). Also the settlement of funds

transfer instructions occurs individually on an instruction by instruction basis (gross

settlement). RTGS is the fastest possible interbank money transfer facility available through

secure banking channels in India.

NEFT- National Electronic Fund Transfer- This system of fund transfer operates on a Deferred

Net Settlement basis. Fund transfer transactions are settled in batches as opposed to the

continuous, individual settlement in RTGS. Presently,

SWOT ANALYSIS STRENGTHS

1. TJSB bank is a growing Co-operative Bank.

2. The bank has a network of 112 branches and 113ATMs

3. The bank has its presence in 8 cities and towns.

4. The banks equilibrium in growth and profit.

5. The Bank net profit Mar 2015 is 101.20 which has a increase of 8.21% growth compared to 2014.

6. Tie up with Max Life Insurance.

WEAKNESSES

1. There are lot of financial product gaps in terms of performance as well as reaching out to the customer

2. Less use of Internet Banking customer due lack of awareness.

REFERENCE1. www.tjsb.in

2. google

Thank You