Vijaya Bank Case Study
NATURE OF BUSINESS CARRIED: Vijaya Bank provides innovative and attractive products and services to the customer. The bank offer several latest technology products and services such as ATMs, cash deposit machines, Debit and Credit cards, internet banking, mobile banking, phone banking, Funds transfer to RTGS and NEFT.They also provide Demat and Rupay card services to its customer. VISION AND MISSION: The Bank vision is to build strong sound and globally competitive financial system. Providing innovative service and adopting the latest technology to all segment of customer. The Bank mission is to emerge as a prime national banked by modern technology meeting customer aspiration with professional banking services and sustained growth contributing to national development. QUALITY POLICY: • …show more content…
Retail Lending Schemes B. Government Sponsored Scheme C. Special Scheme for woman A. Retail lending scheme: There is different retail lending scheme of Vjaya Bank are as follows: 1. Housing loan: An individual get the loan construction, purchase, and renovation, improvement of house or flat. The eligibility of individual between 21 to 65 years and there is no limit of loan amount. The bank rate of interest is 9.65 %( base rate). 2. Vehicle loan: This loan will be given for Purchase a new cars, two wheelers or second hand vehicle not more than 5 years and the repayment period is maximum 84 month. The rate of interest is 10.05% p.a. 3. Personal loan: Personal loan is for meeting the short term credit needs. It may eligible for salaried person and pensioners, the age limit are 21-55 year and 72 for pensioners. Maximum amount 6 lacks with 4.05 interest for salaried person and 2 lacks with 3.05 interest for pensioners. 4. Jewel loan: Individual of all income groups are eligible, the loan amount based on daily price of bank. The margin is prescribed 25 to 33% and loan period is 12 month or operative limit is 24 month. 5. Loan for
Swift Health Plan Executive Summary
611 Words | 3 PagesTherefore, the recommendation is to sell the land to the real estate investor and receive $1,500,00 without waiting for five
Taxpayer Case Study
604 Words | 3 PagesDear Mr. Gaylord Bigmoney: Thank you for contacting me to review your investments and for advice on whether or not to purchase additional state and municipal bonds. Mr. Rich Broker has given you a couple recommendations about your investment portfolio. First, Mr. Broker has recommended that you take the cash presently invested in the Certificates of Deposits and purchase more state and municipal bonds. Second, Mr. Broker has recommended that you borrow an additional $800,000 on one of the unencumbered apartment houses, which would require you to give a Deed of Trust for security on the loan, and use the loan proceeds to purchase more state and municipal bonds. When Mr. Broker gave you these recommendations the rates were as follows: present
Swot Analysis Of Canadian Imperial Bank
843 Words | 4 PagesSWOT Analysis Opportunities The Canadian Imperial Bank is placed extremely well with a significant and assured customer base from the level of the government and the public sector business. Many government parties will do business with CIBC because they know that the profits of the Bank belong to the people of the country and are used for the country’s development. Business with the bank is seen to create value and opportunity within the communities economy. The availability of modern telecommunication systems and technology will facilitate the improvement and strengthening of the Bank’s international business and ATM services, and the development of new services, such as telephone banking.
Hi Guys Problem Statement
116 Words | 1 PagesHi Guys, The weekend was great. Hope you all had a great weekend as well. Further to our last meeting on Saturday 16th Sept, please find the problem statement: "The bank 's annual growth rate has always been around 10% each year, but recently it has slowed down to 7%. The existing process of account opening either online or at the branch requires customers to come into the branch to sign the application and provide their proof of ID regardless of whether they are new or existing customers.
Fannie Mae Essay
764 Words | 4 PagesGood news for the home buyers in Chicago from Fennie Mae -- What is Fannie Mae -- Fannie Mae is an abbreivation for The Federal National Mortgage Association. This government sponsored organisation serves the people of the United States by helping them in their housing needs. They provide finance to mortgage lenders and gives access to people of America for afforfable mortgage needs at all times. They ensure that the borrower gets sustainable homeownership and a workforce rental housing with the help of their financing. They have given life to the dreams of several Americans who are looking for a home of their own.
Kansas Bank Mission Statement
698 Words | 3 PagesThe mission statement does not cover the actual processes or how the Bank will actually accomplish the vision, however the mission statement does indicate the responsibilities that we have. The Bank’s number one priority is monetary policy and fiscal regulation oversight to make recommendations that allow the country to be fiscally responsible and stable. This is clearly identified within the mission statement and the banks main objectives are identified as well. Within our organization there is a lot of emphasis placed on collaboration.
Student Paid Analysis
426 Words | 2 PagesFederal loans are money funded by the federal government, and private loans are nonfederal loans, that are given by banks or schools. These money you have to pay them back in a certain period of time after you
Acc 1010 Week 1 Financial Accounting Question Paper
1242 Words | 5 Pages$30,000 should be debited to the Land account. b. $15,000 should be debited to Land Improvements. c. $45,000 should be debited to the Land account. d. $45,000 should be debited to Land Improvements. 5.
Don Hankey (Subprime Premo): Case Study
773 Words | 4 PagesWestlake offers loans as low as 1.65% specializing in financing specializing in financing credit challenged buyers at 19%, over half the average used car loan rate. Hankey state that the concept
More about Vijaya Bank Case Study
Swift Health Plan Executive Summary
611 Words | 3 PagesPt1420 Unit 6
1026 Words | 5 PagesTaxpayer Case Study
604 Words | 3 PagesSwot Analysis Of Canadian Imperial Bank
843 Words | 4 PagesHi Guys Problem Statement
116 Words | 1 PagesGood Quotes For The Crucible
709 Words | 3 PagesCasablanca Film Analysis
751 Words | 4 PagesFannie Mae Essay
764 Words | 4 PagesKansas Bank Mission Statement
698 Words | 3 PagesDahpina Magna Feeding Rate Lab Report
1054 Words | 5 PagesStudent Paid Analysis
426 Words | 2 PagesAcc 1010 Week 1 Financial Accounting Question Paper
1242 Words | 5 PagesHow Did Lewis And Clark Encounter With Native Americans
547 Words | 3 PagesImportant Quotes From The Crucible '
1899 Words | 8 PagesDon Hankey (Subprime Premo): Case Study
773 Words | 4 Pages