3. FACILITIES PROVIDED BY BANK
1.ECS
2.NEFT
3.RTGS
4.E-BANKING
5.M-BANKING
6.ATM CARDS
7.CREDIT CARDS
8.DEBIT CARDS
4. NEW FACILITES FOR YOUTH
1. MY JUNIOR ACCOUNT-KOTAK MAHINDRA
BANK
2. YOUNG STAR SAVINGS ACCOUNT-ICICI BANK
3. MY FIRST YES ACCOUNT- YES BANK
4. KIDS BANK ACCOUNT-HDFC BANK
8. PLASTIC NOTES
Plastic currency notes would be launched in the country after
field trials, Reserve Bank Governor Raghu Ram Rajan
said. "Plastic notes are coming. Tender bids have come for one
billion notes. In five cities, pilot testing would be done, including
Shimla. In 2015, it would be launched based on the results of
pilot testing.
11. ADVANTAGES of using plastic notes :
1.DOMINANT ROLE OF
AUSTRALIA
2.REMOVE ALL SAFEGUARD
RELATED PROBLEMS
3.USE OF PLASTIC NOTE IN
INDIA
4.GREAT ACCESS IN RECYCLING
PROCESS
12. DISADVANTAGES OF PLASTIC NOTE
• STICKY WHEN WET
• HARD TO FOLD
• DIFFICULTY TO SORT
• HARDER TO COUNT