banking
UNIVERSITY OF KARACHI
ASSIGNMENT
OF
BAKING OPERATION AND MARKETING
PREPARED FOR: SIR Khalid Jamil Ansari
DEPARTMENT: Karachi University Business School
SEMESTER: 2nd semester
SUBJECT: Banking Operations
CONTENT
1. How many types of customers and elaborate it ________________01
2. How many type of account also explain them?__________ 03
3. What are the basic requirements for opening of an account?__________________________________________04
1 | Page
Q1.How many types of customers and elaborate it?
There are different types of customer which are given as below:
• General
• Joint account
• Minor
• Parda nasheen
• Illiterate persons
• Trustees
• Joint stock companies
• insane • Minor
Minor is a person who is less than 18 years and has not completed 18 years. In that case a guardian will be appointed for the minor by a court or it can be the relative of the minor. After appointing a guardian the age of minor become 21.so, he becomes eligible to open an account. But without permission of guardian minor can not transact any money from the bank. When minor become 18 the account officially handed over to minor (who become 18 now).
• General customer
The customer who operates the account individual and don’t need to take any kind of permission before debit or credit. In these kinds of account person needs to give its CNIC, personal information and source of income.
2| Page
• Parda nasheen
Parda nahseen women are also a customer of the bank. They do pardon as per the religious need. They don’t show their faces to the bank but by submitting CNIC and their thumb impression they become eligible to open an account. However, if under special circumstances, such an account is opened; two respectable persons known to the branch invariably attest the signatures on the account opening form and on the withdrawals by withdrawal slips.
• Illiterate persons
An illiterate person means a person who can’t sign his name.
ASSIGNMENT
OF
BAKING OPERATION AND MARKETING
PREPARED FOR: SIR Khalid Jamil Ansari
DEPARTMENT: Karachi University Business School
SEMESTER: 2nd semester
SUBJECT: Banking Operations
CONTENT
1. How many types of customers and elaborate it ________________01
2. How many type of account also explain them?__________ 03
3. What are the basic requirements for opening of an account?__________________________________________04
1 | Page
Q1.How many types of customers and elaborate it?
There are different types of customer which are given as below:
• General
• Joint account
• Minor
• Parda nasheen
• Illiterate persons
• Trustees
• Joint stock companies
• insane • Minor
Minor is a person who is less than 18 years and has not completed 18 years. In that case a guardian will be appointed for the minor by a court or it can be the relative of the minor. After appointing a guardian the age of minor become 21.so, he becomes eligible to open an account. But without permission of guardian minor can not transact any money from the bank. When minor become 18 the account officially handed over to minor (who become 18 now).
• General customer
The customer who operates the account individual and don’t need to take any kind of permission before debit or credit. In these kinds of account person needs to give its CNIC, personal information and source of income.
2| Page
• Parda nasheen
Parda nahseen women are also a customer of the bank. They do pardon as per the religious need. They don’t show their faces to the bank but by submitting CNIC and their thumb impression they become eligible to open an account. However, if under special circumstances, such an account is opened; two respectable persons known to the branch invariably attest the signatures on the account opening form and on the withdrawals by withdrawal slips.
• Illiterate persons
An illiterate person means a person who can’t sign his name.