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Lecture # 20 Branch Banking in Pakistan PowerPoint PPT Presentation


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Lecture # 20 Branch Banking in Pakistan. A branch, banking centre or financial centre is a retail location where a bank or financial institution offers a wide array of face to face service to its customers. "Banks". National financial institution providing personal and business services.

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Lecture # 20 Branch Banking in Pakistan

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Lecture 20 branch banking in pakistan

Lecture # 20

Branch Banking in Pakistan


Lecture 20 branch banking in pakistan

  • A branch, banking centre or financial centre is a retail location where a bank or financial institution offers a wide array of face to face service to its customers.


Lecture 20 branch banking in pakistan

"Banks"

National financial institution providing personal and business services.


Bank structure

Bank Structure

President

Group Heads

Divisions & Field

Circle Offices

Regional Offices

Branch Offices


Remittances

Remittances


Remittances department

Remittances Department

  • Demand Draft

  • Pay Order

  • Telegraphic Transfer

  • Mail Transfer


Lecture 20 branch banking in pakistan

  • Travelers Cheque

  • Fund Transfer through Internet

  • Home Remittances


Lecture 20 branch banking in pakistan

Demand Draft


Demand draft

Demand Draft

Its a written order, drawn by one branch of a bank upon another branch of the same bank, upon other bank under special arrangement to pay a certain sum of money to or to the order of a specified person”


Lecture 20 branch banking in pakistan

Parties Involved

  • Purchaser

  • Issuing Branch

  • Drawee Branch

  • Payee/ Beneficiary


Pay order

Pay Order


Lecture 20 branch banking in pakistan

A Pay Order is a written authorization for Pmt , Made in a receipt from issued & Payable by the bank, to the person named & addressed therein on his giving a proper discharge thereon “


Lecture 20 branch banking in pakistan

Parties Involved

  • Purchaser

  • Issuing / Paying Branch

  • Payee


Lecture 20 branch banking in pakistan

Telegraphic Transfer


Lecture 20 branch banking in pakistan

“T.T instructions regarding PMT are sent to Drawee branch in a coded language and under confidential number known as TEST Number”


Lecture 20 branch banking in pakistan

Parties Involved

  • Applicant

  • Remitting or Drawing Branch

  • Drawee Branch

  • Beneficiary /Payee


Lecture 20 branch banking in pakistan

Mail Transfer


Lecture 20 branch banking in pakistan

Like T.T funds can be remitted by MT for the Cr of the payee a/c or the Beneficiary can be advised to receive the PMT from Drawee branch either in cash on proper identification or through his banker”


Lecture 20 branch banking in pakistan

Parties Mail Transfer

  • Applicant

  • Drawing Branch

  • Drawee Branch

  • Beneficiary


Online fund transfer

Online Fund Transfer

Its also a fund transfer but only by Online within the Branches.

Parties Involved

  • Applicant (a/c in Bank)

  • Beneficiary (a/c in Bank)

  • 2 Branches of Bank (online)


Account opening department

Account Opening Department


Lecture 20 branch banking in pakistan

Types of Account

  • Individual

  • Joint Account

  • Sole Proprietorship

  • Club & Societies

  • Joint Stock Companies

  • Agents


Operations status of accounts

Operations & Status Of Accounts


Nature of accounts

Nature Of Accounts

  • Current Account

  • Profit & Loss Sharing

  • Current foreign currency

  • Saving Foreign Currency

  • Term Deposits

  • BBA “Basic Banking Account”


Lecture 20 branch banking in pakistan

Deposit


Lecture 20 branch banking in pakistan

  • Commercial Bank deposit products offer you an array of privileges and services. Designed with your banking needs and comfort in mind, these convenient accounts prove that, at Commercial Banks, banking is about a shared long-term relationship between bank and you.


Lecture 20 branch banking in pakistan

  • Current Account

    The Current Account allows you the facility of unlimited withdrawals up to the extent of the balance in your account. Sometimes There will be no tax deducted on the funds that you choose to keep in these accounts.


Lecture 20 branch banking in pakistan

  • Savings or PLS Account

    The Savings Account allows you the facility of unlimited withdrawals (up to the extent of the balance in your account), while accruing profit on your deposit everyday. You can have the profit paid to you monthly, quarterly, annually or as per your requirement.


Lecture 20 branch banking in pakistan

  • The passbook is the traditional document to keep track of earnings in a savings account .


Lecture 20 branch banking in pakistan

  • Term Deposit

    The Term Deposit offers you the dual benefit of attractive returns with high liquidity, with options to take your profit monthly, quarterly, annually or at maturity.


Lecture 20 branch banking in pakistan

  • A time deposit (also known as a term deposit, particularly in Canada, Australia and New Zealand) is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time.


Lecture 20 branch banking in pakistan

  • When the term is over it can be withdrawn or it can be held for another term. Generally speaking, the longer the term the better the yield on the money. A certificate of deposit is a time-deposit product.


Lecture 20 branch banking in pakistan

A deposit of funds in a savings institution under an agreement stipulating that

(a) the funds must be kept on deposit for a stated period of time,

b) the institution may require a minimum period of notification before a withdrawal is made


Lecture 20 branch banking in pakistan

  • Foreign Currency

    You have the option of opening Current, Savings and Term Deposit accounts in different foreign currencies – Like US Dollar, Pound Sterling, Japanese Yen, and Euros. This entitles you to avail all the convenience of local currency accounts including:


Lecture 20 branch banking in pakistan

  • Unlimited cash withdrawals up to the balance in your account

  • Deposits facility

  • Profit accrued on a daily basis

  • Automatic rollover of deposits

    As per State Bank of Pakistan circulars/regulations


Demand account

Demand account

  • The cheque is the traditional mode of payment for a demand account.

  • A demand account or demand deposit (North America: checking account, UK and Commonwealth: current account) is a deposit account held at a bank or other financial institution,


Lecture 20 branch banking in pakistan

  • For the purpose of securely and quickly providing frequent access to funds on demand, through a variety of different channels.


Commercial banks loan facilities

Commercial Banks:Loan Facilities


Lecture 20 branch banking in pakistan

Loan

  • A loan is a type of debt. All material things can be lent but this article focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.


Lecture 20 branch banking in pakistan

  • The borrower initially receives an amount of money from the lender, which they pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt.


Lecture 20 branch banking in pakistan

  • A borrower may be subject to certain restrictions known as loan covenants under the terms of the loan.

  • Legally, a loan is a contractual promise of a debtor to repay a sum of money in exchange for the promise of a creditor to give another sum of money.


Lecture 20 branch banking in pakistan

  • Secured Loan

    A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution,


Lecture 20 branch banking in pakistan

  • however, is given security - a lien on the title to the house - until the mortgage is paid off in full. If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.


Lecture 20 branch banking in pakistan

  • In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter often corresponding to the useful life of the car.


Lecture 20 branch banking in pakistan

  • There are two types of auto loans, direct and indirect.

  • A direct auto loan is where a bank gives the loan directly to a consumer.

  • An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer


Other types of loans

Other Types of Loans

  • Credit card debt

  • Personal loans

  • Bank overdrafts

  • Corporate bonds


Personal finance

Personal finance

  • Personal finance is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save and spend monetary resources over time, taking into account various financial risks and future life events.


Lecture 20 branch banking in pakistan

  • Components of personal finance might include checking and savings accounts, credit cards and consumer loans, investments in the stock market, retirement plans, social security benefits, insurance policies, and income tax management.


Lecture 20 branch banking in pakistan

  • Personal Finance is a parameter driven product for catering to the needs of the general public belonging to different segments. One can avail unlimited opportunities through Bank's Personal Finance.


Lecture 20 branch banking in pakistan

  • With unmatched finance features in terms of loan amount, payback period and most affordable monthly installments, Bank's Personal Finance makes sure that one gets the most out of his/her loan. Once a good credit history is established, the door to opportunity opens much wider.


Mortgage finance

Mortgage Finance

  • Offers the convenience of owning a house of choice, while living in it at its rental value. The installment plan has carefully designed to suit both the budget & accommodation requirements.


Lecture 20 branch banking in pakistan

  • It has been designed for enhancing financing facility initially for employees of corporate companies for purchase/ construction/ renovation of house.


Business finance

Business Finance

  • In pursuance of the National objectives to revive the economy of the country, Bank is providing loans to small and medium size business enterprises under Bank's Business Finance Scheme.


Lecture 20 branch banking in pakistan

  • Goal is to offer a loan, which enables business community to receive the financing required by them based on their cash flows. Valued customers can enjoy the convenience of getting financing on attractive terms with the minimum processing turnaround time.


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