Vijaya Bank's Retail Banking Activities

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Vijaya Bank's Retail Banking Activities
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Retail Banking

• Retail Banking is the range of services normally
  provided to individual consumers.
• It primarily covers the various deposit schemes
  and the account schemes available.
• Retail banking is also known as consumer banking.

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Types of Retail Banking activities undertaken by
Vijaya Bank

• Savings Bank Account
• Current Account
• Term Deposits

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Savings Bank Account

• This is one of the most common types of accounts
  held by individual account holders.
• This type of account is mainly opened for the
  safety and liquidity of funds with the added
  benefit of interest income.
• Vijaya Banks Savings Bank Accounts are
  classified into
• V Payroll Savings Bank Account
• V Genuth Savings Bank Account
• V Balika Savings Bank Account
• V Platinum Savings Bank Account
• V Basic SB
• V Plus Savings Bank Account

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Current Account

• This type of account mainly focuses on firms,
  businesses and organizations.
• The minimum balance required for opening and
  maintaining a current account at Vijaya Bank is
  Rs.500/-
• There is no limit on the transaction or amount
  that can be transacted on a daily basis.
• Types of Current account
• Current Account Ordinary
• Current Account Silver
• Current Account Gold
• Current Account Platinum
• V Plus Current Account

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Term Deposits

• The main purpose of this scheme is to get higher
  interest rates.
• Longer the tenor period, higher the interest rate
  earned.
• Term deposit is also known as Fixed Deposit or FD
  accounts.
• At Vijaya Bank the FD can be as low as Rs.50/-
  and can be deposited for any days ranging from 15
  days till 10 years.
• Types of FD accounts
• V Genuth Unnathi Recurring Deposits Bank Account
• Vijayashree Units
• Fixed Deposit
• V Balika Deposit
• Jeevan Nidhi Deposit
• Capital Gains Scheme
• Vijaya Tax Savings Scheme
• V Cash Certificate
• Recurring Deposits
• V-GenUth Unnathi Plus Recurring Deposit
• Lakhpati Recurring Deposit
• Variable Recurring Deposit

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VIJAYA BANK

• Vijaya Bank is a PAN India Institution, serving
  diverse sectors of the society.
• The Bank offers a bouquet of innovative and
  attractive products and services to its
  customers. It has also incorporated a host of
  latest Digital Banking products, to provide the
  best services to its customers.
• Digital Banking services are
• VPAYQWIK
• Mobile Banking
• Net Banking
• Vijaya UPI
• Twitter banking and many more
• For details, visit https//www.vijayabank.com

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THANK-YOU