Scribd
Upload
395 views18 pages

Comparative Study of Service Charges of SAVINGS Account OF Icici Bank With HDFC, Axis and Idbi Bank

This document compares the savings account service charges of ICICI Bank, HDFC Bank, Axis Bank, and IDBI Bank. It provides details on the types of savings accounts each bank offers and lists their specific fees for services like minimum balance non-maintenance, cash withdrawals, cheque collection, ATM usage, and more. The document also includes pie charts breaking down the fee structure of each bank. It concludes with recommendations for ICICI Bank to consider regarding some of its savings account service charges based on the study.

Uploaded by

manish121
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
395 views18 pages

Comparative Study of Service Charges of SAVINGS Account OF Icici Bank With HDFC, Axis and Idbi Bank

This document compares the savings account service charges of ICICI Bank, HDFC Bank, Axis Bank, and IDBI Bank. It provides details on the types of savings accounts each bank offers and lists their specific fees for services like minimum balance non-maintenance, cash withdrawals, cheque collection, ATM usage, and more. The document also includes pie charts breaking down the fee structure of each bank. It concludes with recommendations for ICICI Bank to consider regarding some of its savings account service charges based on the study.

Uploaded by

manish121
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 18

Comparative

STUDY OF SERVICE CHARGES OF


SAVINGS Account OF
ICICI BANK WITH HDFC, AXIS
AND IDBI BANK

FROM - BIPENDRA KUMAR


PROJECT GUIDE – Mr. AMIT SUMB
BRANCH OPERATION MANAGER.
LAY OUT
 SAVINGS ACCOUNT OF ICICI BANK
 SERVICE CHARGES OF SAVINGS ACCOUNTS OF ICICI
BANK
 SAVINGS ACCOUNT OF HDFC BANK
 SERVICE CHARGES OF HDFC BANK
 SAVINGS ACCOUNT OF AXIS BANK
 SERVICE CHARGES OF AXIS BANK
 SAVINGS ACCOUNT OF IDBI BANK
 SERVICE CHARGES OF IDBI BANK
 COMPARISON OF SERVICE CHARGES OF ALL BANKS
 RECOMMENDATION TO ICICI BANK
SAVINGS ACCOUNT OF ICICI BANK

 Normal savings accounts


 No frills accounts
 Easy Receive Account
 Blue Privilege (Senior Citizen)
 Blue Privilege (Non-Senior Citizen)
 Silver Privilege (Senior Citizen)
 Silver Privilege (Non Senior Citizen)
 Gold Privilege (Senior Citizen)
 Gold Privilege (Non Senior Citizen)
SAVINGS ACCOUNT OF ICICI BANK
 Retiree Defense Account
 Easy Pay Savings Account
 Salary Account
Retrial Account.
 Defense Account
Pension Account
 Advantage Woman Account
 Bank @ campus Account
 Young Stars customer Account
SERVICE CHARGES OF ICICI BANK
 Calculation of QAB
 Non- maintenance of QAB
 Transaction charge, when the QAB falls below the level
stipulated for a customer
 Issue of Debit card
 ATM interchange
 Anywhere cash deposit or withdrawal
 Penalty on deposit of cash in collector box
 Issue of loose cheque-leaves
 Signature verification
Savings account of HDFC bank
 Regular Savings Account

 Savings Plus Account


 Savings Max Account

 Senior Citizens Account

 No Frills Account

 Institutional Savings Account


 Salary Account
 Kid's Advantage Account
 Pension Savings Account
 Family Savings Account
 Kisan No Frills Savings Account
 Kisan Club Savings Account
Savings account of Axis bank
 Zero balance savings accounts
 Easy Access savings accounts
 Prime savings accounts
 Salary power savings accounts
 Power salute savings accounts
 Azaadi – No frills savings accounts
 Senior citizen savings accounts
 Women’s savings accounts
 Trust/NGO savings account
 Pension savings accounts
Savings account of IDBI
 Access Plus super savings accounts
 Super savings accounts
 Limited access super savings accounts
 Sabka savings accounts
 Power Plus account
 Jubilee Plus savings account
 Super Shakti women’s savings account
 Payroll savings account
Comparison of Services Charges

SERVICES SERVICE CHARGES

ICICI BANK IDIBI BANK HDFC BANK AXIS BANK

NON MAINTENANCE OF QAB 750 790 750 750


ANNUAL FEES 99 110 100 500

REPLACEMENT OF LOST STOLEN CARD 200 115 100 100

DOMESTIC CASH WITHDRAWAL


CHARGE ON OTHER BANK ATMs 20 20 17.8 20

INTERNATIONAL CHARGE FOR


BALANCE ENQUIRY ON OTHER BANK
ATMs 25 30 15 25

INTERNATIONAL CHARGE FOR CASH


WITHDRAWAL ON OTHER BANK ATMs 110 140 110 125

CHEQUE COLLECTION CHARGES FROM


SAME BANK 30 30 50 50

CHEQUE COLLECTION CHARGES FROM


OTHER BANK 30 60 50 100

ISSUE OF DD DRAWN ON SAME BANK 50 70 50 50


Comparison of Services Charges

CHEQUE BOOKS

MONTHLY STATEMENT( PER ANNUM) 200 600 400 50

ACCOUNT CLOSURE CHARGE 250 115 100 100

DUPLICATE STATEMENT FOR 90 DAYS 100 85 100 100

STANDING INSTRUCTIONS SET UP (PER INSTRUCTION) 100 60 150 150

STANDING INSTRUCTIONS EXECUTION (PER INSTRUCTION) 25 30 25 25

CERTIFICATE OF BALANCE PREVIOUS YEAR 250 280 250 250

INTEREST CERTIFICATE PREVIOUS YEAR 50 280 50 25

SIGNATURE VERIFICATION CERTIFICATE (PER


VERIFICATION) 50 30 50 25

DD/PAY ORDER CANCELLATION (DOMESTIC) 100 60 50 50

DD/PAY ORDER CANCELLATION (FOREIGN CURRENCY) 100 170 150 150

FUNDS TRANSFER( RTGS- OUTWARD) 50 100 50 50

CHEQUE COLLECTION ON BRANCH LOCATIONS 30 30 50 50


Comparison of Services Charges

CHEQUE COLLECTION ON NON- BRANCH LOCATIONS 30 60 50 30

CHEQUE DEPOSITED & RETURNED (LOCAL CHEQUE) 75 60 75 50

CHEQUE DEPOSITED & RETURNED( OUTSTATION CHEQUE) 125 115 50 100

CHEQUE STOP PAYMENT INSTRUCTIONS (PER CHEQUE) 50 60 50 100

CHEQUE STOP PAYMENT INSTRUCTIONS (RANGE OF


CHEQUES) 100 115 100 200

OLD RECORDS/COPIES OF PAID CHEQUES (UPTO 1 YEAR) 50 30 50 50

OLD RECORDS/COPIES OF PAID CHEQUES (ABOVE 1


YEAR) 50 60 100 100

ANY BRANCH CASH DEPOSIT 150 30 100 100

ANY BRANCH CASH WITHDRAWAL BY SELF ONLY 150 30 100 50


PIE CHART OF ICICI BANK

ICICI BANK pie chart

NON MAINTENANCE OF QAB

ANNUAL FEES

REPLACEMENT OF LOST
STOLEN CARD

DOMESTIC CASH WITHDRAWAL


CHARGE ON OTHER BANK
ATMs
INTERNATIONAL CHARGE FOR
BALANCE ENQUIRY ON OTHER
BANK ATMs
INTERNATIONAL CHARGE FOR
CASH WITHDRAWAL ON OTHER
BANK ATMs
PIE CHART OF HDFC
NON MAINTENANCE OF QAB
HDFC BANK PIE CHART
ANNUAL FEES

REPLACEMENT OF LOST STOLEN


CARD

DOMESTIC CASH WITHDRAWAL


CHARGE ON OTHER BANK ATMs

INTERNATIONAL CHARGE FOR


BALANCE ENQUIRY ON OTHER
BANK ATMs
INTERNATIONAL CHARGE FOR
CASH WITHDRAWAL ON OTHER
BANK ATMs
CHEQUE COLLECTION CHARGES
FROM SAME BANK

CHEQUE COLLECTION CHARGES


FROM OTHER BANK

ISSUE OF DD DRAWN ON SAME


BANK
PIE CHART OF AXIS BANK
NON MAINTENANCE OF QAB
AXIS BANK PIE CHART
ANNUAL FEES

REPLACEMENT OF LOST
STOLEN CARD

DOMESTIC CASH WITHDRAWAL


CHARGE ON OTHER BANK ATMs

INTERNATIONAL CHARGE FOR


BALANCE ENQUIRY ON OTHER
BANK ATMs
INTERNATIONAL CHARGE FOR
CASH WITHDRAWAL ON OTHER
BANK ATMs
CHEQUE COLLECTION
CHARGES FROM SAME BANK

CHEQUE COLLECTION
CHARGES FROM OTHER BANK

ISSUE OF DD DRAWN ON SAME


BANK
PIE CHART OF IDBI
NON MAINTENANCE OF
IDBI BANK PIE CHART QAB

ANNUAL FEES

REPLACEMENT OF LOST
STOLEN CARD

DOMESTIC CASH
WITHDRAWAL CHARGE ON
OTHER BANK ATMs
INTERNATIONAL CHARGE
FOR BALANCE ENQUIRY
ON OTHER BANK ATMs
INTERNATIONAL CHARGE
FOR CASH WITHDRAWAL
ON OTHER BANK ATMs
CHEQUE COLLECTION
CHARGES FROM SAME
BANK
CHEQUE COLLECTION
CHARGES FROM OTHER
Graphical view of Service charges
RECOMMENDATION TO ICICI BANK

 CHARGE FOR NON MAINTENANCE OF QAB


 CHARGE OF LOST STOLEN CARD
 ACCOUNT CLOSURE CHARGE
 SURVEY OF CUSTOMERS WITH INCOME AS ONE OF
THE FACTOR
 RECOMMENDATION AFTER STUDY OF SAVINGS
ACCOUNT OF OTHER BANKS
THANK YOU

You might also like