Professional Documents
Culture Documents
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COMPANY PROFILE
Established in 1937, Indian Overseas Bank (IOB) is a leading bank based in Chennai, India. IOB had the distinction of commencing operations in three branches at Karaikudi, Chennai, and Yangon (Myanmar). Banking sector with over 1400 domestic branches and 6 branches overseas. The Bank's IT department has developed software, which is used by its 1200 branches to provide online banking to customers.
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FOUNDER OF CHAIRMAN. M.CT.M.Chidambaram chttyar.(1908-1954) Executive Director. A.K.Bansal. Chairman& Managing Director. M.Narandra. Executive Director. A.D.M.Chavali.
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Count.
Touching Hearts Spreading Smiles-M.Narandra. Good People grow with.
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OBJECTIVE
Collection of deposit from public There are 3 kinds
1.Savings bank deposit . 2.Current account. 3.Term deposit. 1.savings bank deposit : No income tax and withdraw or by cheque.
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2.Current account:
This is meet for business people and no interest payable. 3.Term deposit: 1.Short deposit receipt 2.Fixed deposit receipt 3. RDP 4. Special fixed deposit
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5. Recurring deposit
PROBLEM IDENTIFICATION
Loan distributions identify:
Manager identify for Income. Maximum not allowed for loan only for high income people.
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Deposit identification
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THANK
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