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CASA Ratio Analysis in Pune Branches

This document discusses various types of bank deposit accounts including demand deposits, term deposits, recurring deposits, savings accounts, and current accounts. Demand deposits allow withdrawals at any time while term deposits require keeping funds for a fixed period. Recurring deposits involve making small, regular monthly payments over a set period. Savings accounts offer modest interest and limited withdrawals, while current accounts allow unlimited withdrawals. The document recommends fixed deposits for long-term safe investing and recurring deposits for regular monthly savings. Banks offer various deposit schemes to attract customers.

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8 views2 pages

CASA Ratio Analysis in Pune Branches

This document discusses various types of bank deposit accounts including demand deposits, term deposits, recurring deposits, savings accounts, and current accounts. Demand deposits allow withdrawals at any time while term deposits require keeping funds for a fixed period. Recurring deposits involve making small, regular monthly payments over a set period. Savings accounts offer modest interest and limited withdrawals, while current accounts allow unlimited withdrawals. The document recommends fixed deposits for long-term safe investing and recurring deposits for regular monthly savings. Banks offer various deposit schemes to attract customers.

Uploaded by

tubedat1
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd

Study of CASA Ratio in Branches in Pune module over a period of time

Demand Deposit

Here money is not deposited for a specific time period. Investor can withdraw money at any
time. Bank is responsible to return the money on customer’s demand. This account
allows you to demand your money at any time.

Term Deposit

Under this scheme money is deposited for a fixed period of time so it is also called Fixed
Deposit. Investor can withdraw the money only after the time period. Premature
withdrawals are also allowed by paying a penalty. Interest is calculated on monthly,
quarterly or yearly depends on the bank and scheme. Many banks offers loan or overdraft
facility as an added features with fixed deposits. Term deposits is a safe investment and it is
therefore a very good option for conservative, low-risk investors.

Recurring Deposit

This is another type of fixed deposit in with investor pay a small amount every month for a
specific time period. For example pay Rs.1000/- every month for a period of 5 years. After 5
years he will get the principle with interest accumulated. A Recurring Bank Deposit is a good
option for regular savings.

Saving Account

This is a kind of demand deposit with limited number of withdrawals during any specific
period. Savings Accounts provides principal security and a modest interest rate. Now banks
also put some restriction on the minimum balance. If customer don’t maintain the minimum
balance customer has to pay a penalty. Now saving account comes with many features like
ATM and Debit Card, Cheque Book, Free Internet Banking with Bill Pay, Fund Transfer,
Prepaid mobile charging, Free Telephone Banking etc.

Current Account

This is another kind of demands deposit like saving account with unlimited withdrawals.
There are many different Current Accounts available in today. From specialist young
person’s bank accounts to Current Accounts (with overdraft), Cheque Accounts, Basic Bank
Accounts, Student Accounts, Graduate Accounts, Foreign Currency Accounts and Current
Accounts with special offers.

If you are looking for a long term safe investment option then Fixed Deposit is the best
option. If you are a salaried and want to invest a small amount every month then go for
recurring deposit. Since all private sector and nationalized banks follow the Reserve Bank of
rules and regulations it is a very safe method of Investment.

Apart from these basic deposit patterns different bank have different investment options
and criteria. Also interest rate varies from bank to bank. To attract more customers banks
offers different fixed deposit schemes like Tax Saver Fixed deposits, Fixed deposits with life
insurance, health insurance, free credit card, instant loan facility, pre-approved loans etc

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