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Products and Services

offered by PMC Bank


Name: Vivek Gusain
Industry Guide: Manpreet Kaur
Faculty Guide: Varsha Maheshwari
Objective of the Project
To study about various product offered by PMC bank
To study about various services offered by PMC bank
Product and Services offered by PMC Bank
Products Services
1. Personal Banking 1. 8 to 8 Banking
Saving Account 2. Franking Facility
KishorBachatyojna 3. Self Service i.e KIOSK
2. Current Accounts
4. Internet Banking
3. Deposits
5. RTGS and NEFT
FD
6. Locker Facility
Double Decker
Fleximoney Deposit 7. Electricity Bill Payment
Comparison between PMC Bank and Saraswat Bank
PMC Bank Saraswat Bank
Saving Minimum Balance Rs 1000 Rs 2000
Current Minimum Balance Rs 3000 Rs 5000
Working Hours 8am-8pmworking hour 9.00 a.m. to 1.00 p.m. & 2.00 p.m. to 4.00
p.m.,

Franking facility YES NA


Double Decker Account YES NA
Flexi Money Account YES NA
Saving Interest Rate 4% p. a 4% p. a
Cheque leaf charges (Per leaf) 30 cheque leaves free every financial year, 30 cheque leaves free every financial year,
thereafter Rs 5/- per cheque leaf thereafter Rs 3/- per cheque leaf

NEFT/RTGS Facility YES YES


Total number of branches 127 Branches 267 Branches

Findings:

From the above table, we can say that PMC bank charges less fees to provide product and services to
their customer as compared to Saraswat Bank.
Recommendations
Having worked at PMC Bank and as well as being a Account Holder at the bank, my suggestions
would be:
Increasing the no. of ATMs.

Promoting the Bank and its unique services in Print as well as T.V media because many people
that I have come across are still unaware of the Bank.

Improving the internet banking facility.

Reduce the Paper work by scanning customers document into PDF.


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