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 FINANCE

TO THE AGRICULTURE & RURAL PEOPLE. IT PROVIDES PLATFORM TO FINANCIALLY

UNSOUNDED PEOPLE.

FUNCTIONS 1) ACCEPTING DEPOSITS

DEPOSITS RATE OF INTREST

SAVING 4%

CURRENT -

RECCURING 4%

FIXED 9.75%

2)GRANTING LOAN’S

TYPE OF LOAN

ABHYUDAYA

ICICIBANK

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%

DIFFERENCS IN INTEREST

AMOUNT ABHYUDAYA (14.5%)

DENA(16%)

ICICI(16.5%)

100000 14500 16000 16500200000 29000 32000 33000300000 43500 48000 49500400000 58000 64000 66000

GRAPHICAL REPRESENTATION

100000 200000 300000 4000000

10000

20000

30000

40000

50000

60000

70000

ABHYUDAYADENAICICI

DIFFERENCE IN INT.

ABHYUDAYADENAICICI

SERVICES

ANY BRANCH BANKINGATMDRAFT ALL OVER INDIACOLLECTION OF OUTSTANDING CHEQUEINTERNET BANKING TELE BANKING SMS BANKING

BENEFITS OF BANKING

WITHDRAW CASH THROUGH ANY OF BANK BRANCHES

ACCEPTING CHEQUE OTHER THAN PARENT BANK

LOANS AT LOW RATE OF INTERST.QUICK TRANSACTIONSSPECIAL PLANS FOR LOANS-UDYOG VIKAS

SCHEME FOR POOR PEOPLESATISFACTORY SERVICES PROVIDED

OBJECTIVES

TO PROVIDE SERVICES TO PEOPLE,,& NOT PROFIT EARNING.

TO PROVIDE FRAMEWORK FOR CO OP. GOVERNENCE TO SAVE PEOPLE’S DEPOSTS & PRODUCE BENEFITS FOR

THEM TO ACCEPT DEPOSIT & PROVIDE LOANS TO FARMERS TO MANAGE & CONTROL TO OTHER SMALL CO OP BANKS TO PROVIDE LOANS AT CHEAPER RATE TO MIDDLE CLASS

PEOPLE TO WORK IN A DEMOCRATIC PRINCIPLE

NRI ACCOUNT

REQUIREMENT:-• PASSPORT• 2PHOTOS• VISA• SERVICE CONTRACTINTREST:

12-24MONTH 2.48%24-36MONTH 2.6436-60MONTH 2.84%

FOREIGN EXCHANGE

ABHYIDAYA BANK IS ONE OF THE SELECTED CO OP BANK TO DEAL IN FOREIGN EXCHANGE

BANK HAS TIE UP WITH BOI & UAE EXCHANGEFOR FOREIGN EXCHANGE PURPOSE THE BANK

IS USING SWIFT & NEFT TO PROVIDE EFFICIENT & PROMPT SERVICES