Professional Documents
Culture Documents
CONTENTS
3/3/2014
Introduction to 3rd Party Product. Need for Development in 3rd Party Product. Types of 3rd Party Products. Proposed improvements in Existing Products. Proposal for Addition of New 3rd Party Products. Impact of 3rd Party Product on All Indulged parties.
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INTRODUCTION:-
3/3/2014
Products originally not prepared by the organization itself but organization has done its complete analysis on the Product and reached to the conclusion that it will benefit the customers of the organization as well as the Organization itself and also the original producers of the product.
3/3/2014
Increase in Non Fund Non Interest Income. Able to retain our existing customers. Attracting New Customers. Opportunity to mobilize deposits with improved security. And many more.
DEBIT AND CREDIT CARDS POINT OF SALE(POS) BANCASSURANCE SELLING OF COINS DEMAT ACCOUNTS MUTUAL FUNDS
PROPOSED IMPROVEMENTS
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Mobile Recharging. Utility Bill Payments. Buying Mutual funds. Buying Internet packs & Tickets. Introduction of Twin ATM Cards.
**If a person holding ATM card goes to his Office with the ATM Card and at sudden his family met with an emergency fund crisis in that situation the 2nd card that is twin of original one works like water in desert. **We may introduce bonus points on purchase above a certain amount by cards. When the bonus reaches a limit we may offer some extra rebate on another purchase. That may satisfy our customers.
TARGET AREA
3/3/2014
SELLING OF COINS::
We are proposing to create a special Deposit A/c for persons who desire to buy Gold coins but at a time they are unable to bear the total cost. So if we propose a account which is particularly for deposit of small amounts throughout the year. This amount is only utilized by them for purpose of buying gold coins during festive seasons.
3/3/2014
INSURANCE SECTOR
Unorganised Sector: Identifying the beneficiaries of Rashtriya Swasthya Bima Yojana, facilitating health insurance and furthering financial inclusion. Motor Insurance: tie up with insurance companies for yearly renewal of motor insurance.
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3/3/2014
MSME
Banks to provide Interface between MSME and Business Advisory groups for improving profitability of business in addition to providing loans.
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3/3/2014
GIFT CARD
Gift coupons on special occasions of value depending on customer deposits and discount vouchers- tie up with various outlets.
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3/3/2014
MISCELLANEOUS
Real Estate, Exam forms: Form Distribution and Fees Collection through bank branches.
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