The document discusses banking transactions and bank accounts. It begins by defining the term "bank" and listing its key characteristics such as dealing with money, accepting deposits, and lending loans. It then explains various banking transactions and types of bank accounts including savings accounts, current accounts, recurring deposit accounts, and term deposit accounts. The document also outlines the procedures to open a bank account and lists the advantages of having a bank account such as safe custody of money and access to loans.

1. SDM COLLEGE OF EDUCATION, UJIRE
Subject : Social Science
Topic : Banking Transaction
Submitted to :Dr,Praveen Padhyana
Lecturer, SDM College of Education, Ujire
Submitted by:
Hemavathi N jain
B.Ed III Sem, Student Teacher
SDM College of Education, Ujire.

3. Lesson-1
Meaning of Bank
Characteristics of bank

7. Bank

9. Bank
• The term ‘Bank’ is derived from Italian word ‘Banco’ or
from a French word ‘Banque’ both means “Bench” or
money exchange table.
• It receives money from those who want to save their money
in the form of deposit and lends it to those who require
money in the form of loan.
• The service of the banks are called banking.

10. Characteristics of Bank
•Dealing with money
•Individual firm and company
•Acceptance of deposits
•Lending loans
•Payment and withdrawals

11. Continued…..
• Agency and utility services
• Profit and service orientation
• Ever increasing function
• Connecting link
• Banking business
• Name identity

13. • The word ‘Bank’ has been derived from the French
word______
• What is the meaning of word ‘Bank’?
• Explain the characteristics of bank.
• List out the characteristics of Bank.

14. Follow up activities
•Visit a Bank and collect information about how bank
lend money?

15. Reference
• https://www.pexels.com/search/money/
• https://www.pexels.com/search/money/
• https://www.dreamstime.com/photos-images/stealing-money-jeans-
pocket.html
• https://www.shutterstock.com/search/safe+custody
• https://www.istockphoto.com/search/2/image?phrase=india+bank

16. THANK YOU

17. WELCOME

18. LESSON-2
•Banking Transaction
•Post office (Postal Bank of India)
•Postal Bank of India Financial services
•Types of banks

19. • The word ‘Bank’ has been derived from the French
word______
• What is the meaning of word ‘Bank’?
• List out the characteristics of Bank.

21. Banking Transaction
•Any sort of activity involving in money or exchange of
money in an account is viewed as Bank Transaction.
•All banking transactions in India controlled by The
Reserve Bank of India (Mother of Banks, Bankers Bank,
Central Bank of India)
•20 Nationalized bank, 21 Private Banks, and 19 Foreign
banks (8000 bank branches)

24. Post office (Postal Bank of India)
• The Indian Banking Department is planning to
start a bank to be tentatively called “Postal Bank
of India with the network of post offices spread all
over India

25. Postal Bank of India’s Financial services

26. Kisan Vikas Patra Recuring Deposit

27. Post office saving bank Issue of national saving certificate

28. Postal Life Insurance Pension Payment

29. Types of Bank

30. Central Bank RBI Commercial Banks Industrial development banks

31. Land Development Bank Indigenous bank Banks Co-operative banks

33. • What do you mean by Bank Transaction?
• Expand RBI.
• All banking transaction of India controlled by________
• What are the Financial Services provided by the Post Office if
India?
• List out the types of Banks.

34. Follow-up activities
•Visit a post office and collect information about its
banking operations.

35. References
• HTTPS://WWW.SHUTTERSTOCK.COM/SEARCH/BANK+TRANSACTION
• HTTPS://WWW.GETTYIMAGES.IN/PHOTOS/POST-OFFICE-IN-INDIA
• HTTPS://WWW.SHUTTERSTOCK.COM/SEARCH/POST+OFFICE+BANK
• HTTPS://PORTAL.CT.GOV/DOB/CONSUMER/CONSUMER-
EDUCATION/ABCS-OF-BANKING--BANKS-THRIFTS-AND-CREDIT-UNIONS
• HTTPS://EN.WIKIPEDIA.ORG/WIKI/BANKING_IN_INDIA

36. THANK YOU

37. WELCOME

38. Lesson:3
Types of Bank accounts

39. • What do you mean by Bank Transaction?
• Expand RBI.
• All banking transaction of India controlled by________
• What are the Financial Services provided by the Post
Office if India?
• List out the types of Banks.

40. 1.Do you know about Bank accounts? Why it is
needed??
Ans: Yes. Borrowing and lending of money
possible only when we have account in the banks, it
is one of the safest custody of our money.

41. Types of Bank accounts
•Saving Bank Accounts
•Current Accounts
•Recurring Deposit Accounts
•Term or Fixed Deposit Accounts

42. 1. Saving Bank Accounts
•Opened by salaried persons, students, senior citizens,
pensioners etc.
•No restrictions on the number and amount of deposits.

43. 2. Current Accounts
•Opened by businessmen.
•Amount can be deposited or withdrawn any number
of times in a day.
•No interest but bank collect service charges or bank
charges
•Opened for a purpose to be saved for a future date.

44. 3. Recurring Deposit Accounts
•Opened for a purpose to be saved for a future date.
•Deposits are made regularly on monthly basis

45. 4. Term or Fixed Deposit Accounts
•Opened for a fixed period by depositing a particular sum
of money.
•The deposit amount cannot be withdrawn before the
expiry of the term.
•The rate of interest is more.

47. • What are the features of Bank accounts?
• List out the Bank Accounts.
• Enlist the uses of Bank Accounts.
• Who open the Current Accounts?
• Which Account deposits are made regularly on monthly basis?

48. Follow up Activities
•Visit Banks and collect information about the rate of
interest offered by banks for various.

49. Reference
https://www.bankofbaroda.in/writereaddata/Images/pdf/ac-opening-
individual.pdf
https://www.bankofbaroda.in/writereaddata/Images/pdf/ac-opening-
individual.pdf
https://www.youtube.com/watch?v=GYdcXeMYUeI (video)

50. THANK YOU

51. Lesson:4
Procedures to open a Bank Account

52. • What are the features of Bank accounts?
• List out the Bank Accounts.
• Enlist the uses of Bank Accounts.
• Who open the Current Accounts?
• Which Account deposits are made regularly on monthly
basis?

53. Activity:
• Gives opportunities to discuss the topic about ‘admission
process of the students in the school’.

56. Procedures to open a Bank Account
• Decide the type of account which you want to open.
• Approach the bank of your choice and meet its office.
• Fill up the Bank Account form.
• Give reference for opening Bank Account form duly filled.
• Submit the Bank Account form duly filled.
• The officer will verify all the particulars submitted.
• Initial deposit.

57. Gives opportunities to discuss with some questions.
• Collect information with students who have already Bank
Accounts.
• Collect information about other accounts instead of Four
accounts
(Salary account, NRI accounts, DEMAT Account, Credit account,
Expense account, personal account, etc)

58. •List out the procedures to open a Bank Account
•What is Initial deposit?
•Explain the procedure to open accounts.
•Why reference needed for opening Bank Accounts?

59. Follow up activities:
•Collect Bank Account opening application form from
any bank.

60. References
• HTTPS://WWW.YOUTUBE.COM/WATCH?V=GYDCXEMYUEI (VIDEO)
• HTTPS://WWW.SHUTTERSTOCK.COM/SEARCH/BANK+ACCOUNT+OPE
NING

61. THANK YOU

62. Lesson : 5
Advantages of opening Bank Accounts

63. •List out the procedures to open a Bank Account
•What is Initial deposit?
•Explain the procedure to open accounts.
•Why reference needed for opening Bank Accounts?

64. Facilitates safe custody of money

65. Helps in making payments

66. Give advances and loans

67. Helps in smooth financial transaction

68. Provide safe deposit locker facility

69. Activity:
Students listouts some other advantages
• Gain interest on deposits
• People saves money habit for future
• Increases standard of living
• Increases purchasing power of the people
• ATM, Debit card, Credit card, E-payment, E-business etc.

72. • Enlist the advantages of opening bank accounts.
• Explain the advantages of opening bank accounts
Follow up Activities
• Collect information regarding how your cash helpful to the Bank?

73. References
• https://www.shutterstock.com/image-photo/seremban-malaysia-
2972018-customers-getting-served-1146510494
• https://www.shutterstock.com/search/check+deposit+slip
• https://www.shutterstock.com/search/check+deposit
• https://www.shutterstock.com/search/withdrawal+slip

74. Conclusion
Banks play very important roles in the economic development of nations as they, to
a large extent, wield control over the supply of money in circulation and are the main
stimuli of economic progress. Economic development is a dynamic and continuous process
which is highly dependent upon the mobilization of resources, investment, and the
operational efficiency of the various segments of the economy. The performance of bank
institution and other financial institution need to be evaluated because it defined as the
reflection of the way in which the resources of a bank are used in a form which enables it to
achieve its objectives. As the banking sector is considered a vital segment of a modern
economy, its efficiency is vital importance. A customer may have more than one account.
Once an account is opened, funds entrusted by the customer to the financial institution on
deposit are recorded in banks.

75. References
• https://www.pexels.com/search/money/
• https://www.pexels.com/search/money/
• https://www.dreamstime.com/photos-images/stealing-money-jeans-pocket.html
• https://www.shutterstock.com/search/safe+custody
• https://www.istockphoto.com/search/2/image?phrase=india+bank
• https://www.shutterstock.com/search/bank+transaction
• https://www.gettyimages.in/photos/post-office-in-india
• https://www.shutterstock.com/search/post+office+bank
• https://portal.ct.gov/DOB/Consumer/Consumer-Education/ABCs-of-Banking--Banks-Thrifts-
and-Credit-Unions
• https://en.wikipedia.org/wiki/Banking_in_India

76. Continued……….
• https://www.bankofbaroda.in/writereaddata/Images/pdf/ac-opening-individual.pdf
• https://www.bankofbaroda.in/writereaddata/Images/pdf/ac-opening-individual.pdf
• https://www.youtube.com/watch?v=GYdcXeMYUeI (video)
• https://www.youtube.com/watch?v=GYdcXeMYUeI (video)
• https://www.shutterstock.com/search/bank+account+opening
• https://www.shutterstock.com/image-photo/seremban-malaysia-2972018-customers-
getting-served-1146510494
• https://www.shutterstock.com/search/check+deposit+slip
• https://www.shutterstock.com/search/check+deposit
• https://www.shutterstock.com/search/withdrawal+slip

77. THANK YOU