Minutes of Meeting

1. Branch profile,
2. Overdue positions of the branch (LAOPI)
3. Locations of the branch – if commercial area – Deposit and advance both
exist,
4. How branch attract Loan example ----- Agent through or any other else

1. Deposit Part
2. Loan and Advances Part (Critical)
Deposits:
1. Current deposits --- No Restrictions of Transaction
2. Savings deposits
3. Fixed deposits -----1. Fixed (time period interest income) 2. Recurring deposit

 Documents –
KYC
CBS in interest check
 Form 15G – income doesn’t increase base income
 Form 15H- Form 15H is for senior citizens, those who are 60 years or
older; while Form 15G is for everybody else. Form 15G and Form 15H are
valid for one financial year
 Point regarding DUPLICATE FD Receipt:
 I) Request Letter
II) Indemnity Bond and FIR Copy is also Need

 KYC documents
I) AADHAR CARD
II) Electricity bill
III) PAN
Document submitted by the applicant is valid or not

 Checking of KYC applications

Risk Categorization of customer

 Inoperative account
If the customer doesn’t operate.
Inoperative account is specious for any fraud

 NRO/ NRE
TDS fraud in above account fixed Deposit

 KYC, Know your customer

In school/Society principal operate the account but secretory or treasure should
operate, If Principal than it should proper power allocation Documents (POA)
  CASA—most important area
Comparison of ROI in Saving of Last Year also Fixed Account

 In operative accounts
Individual not material but in whole is material it can attract malpractices
Employee withdraw and again deposit amount make inoperative
(Fraud)

 Branch type
1. By Govt.
a) Rural – KCC, Common name and common village issue.
b) Semi urban
c) Urban
d) Metropolitan
2. BY Bank:
Small, Medium, Large

Points from Cases studies

 FD- Original Collateral ID
 Interest on FD – TDS Deduction
 NOC in current account as per RBI Circular
 Thank you letter in branch -issue
 Interest run date- month end DATE – NEXT DAY CHANGE- INTEREST
CHANGE IN INTEREST REPORT
 Phishing Case Saving Account in bank
 Retirement of Manager cases