Sudha

Summer Training Project Report On
“A STUDY ON BANKING SERVICE BASED ON” “Loan and Advance credit

Services
of Cooperative Bank”
Submitted
I.K GUJRAL PUNJAB TECHNICAL UNIVERSITY JALANDHAR
Submitted by Submitted to
Mehak Mr. Amit Garg
Roll Number 22061906 Designation Assistant
Professor
INTRODUCTION
A co-perative bank is a financial entity which belongs to its members, who are at the same
time the owners and the customers of their bank. Co-operative banks are after created by
persons belonging to the same local or professional community or sharing a common
interest.
Co-operative banks are owned and operated by the members for a common purpose i..e. to
provide financial service to agriculturists and small businessmen. It relies on the on the
principles of cooperation, such as open membership, democratic decision making,
mutual help.

Advance Loan Scheme
Deposit Personal Loan Scheme
 Current Account  Vehicle Loan Scheme
 Saving Account  Second hand Vehicle Loan Scheme
 Locker Account  Consumer Durable Loan
 Education Loan
COMPANY PROFILE
People who come together to jointly serve their common interest often form a
cooperative society under the Co-operative Societies Act. When a co-
operative society engages itself in banking business it is called a Co-operative
Bank.
 Types of Co-operative Banks
 There are three types of co-operative banks operating in our country. They are primary credit societies,
central co-operative banks and state co-operative banks. These banks are organized at three levels, village or
town level, district level and state level.
 Primary Credit Societies: These are formed at the village or town level with borrower and non-borrower
members residing in one locality. The operations of each society are restricted to a small area so that the
members know each other and are able to watch over the activities of all members to prevent frauds.
 Central Co-operative Banks: These banks operate at the district level having some of the primary credit
societies belonging to the same district as their members. These banks provide loans to their members (i.e.,
primary credit societies) and function as a link between the primary credit societies and state cooperative
banks.
 State Co-operative Banks: These are the apex (highest level) co-operative banks in all the states of the
country. They mobilise funds and help in its proper channelization among various sectors. The money
reaches the individual borrowers from the state cooperative banks through the central co-operative banks
and the primary credit societies.
OBJECTIVE OF THE STUDY
To provide rural Financing as well as microfinance.

To end the monopoly of money lenders and middlemen.
Provide credit services at a lower cost to farmers and other
vulnerable members of society.
To Provide its member with basic banking services.
To encourage rural development in general.
SCOPE OF THE STUDY
 The study is mainly concentrated on the lending practices pattern and

influence in the organization performance.
 Enables the company to know its current position.
 The study helps in ascertaining people’s response on bank lending
 To be aware about the customer requirement.
RESEARCH METHODOLOGY
 Lack of Awareness:
 People are not well informed about the objectives of the
movement, the contributions it can make in rebuilding society,
and the rules and regulations of cooperative institutions. They
look upon co-operative banks as a means of obtaining services
and concessions from the government. People ensure that
societies continue to function as long as they expect to receive
something from the government.
 Limited Coverage:
 The size of the cooperative banks is very small. Most of these
societies only have a small number of members, and they only
operate in one or two villages. As a result, their resources
remain limited, which makes it impossible for them to expand
their means and extend their area of operations.
 Fair Audit:
 Audits in the co-operative banks are done entirely by
department officials and are neither regular nor
comprehensive. Delays in the conduct of audits and the
submission of reports are widespread.
 Functional Weakness:
 The cooperative movement has suffered from an inadequacy of
trained personnel right from the start.
FUNCTIONS OF COOPERATIVE BANKS IN INDIA:
 Functions of Cooperative
Banks in India:
 They function with the rule of

"one member, one vote" and
function on "no profit, no loss"
basis
 It performs all the main
banking functions of deposit
mobilisation, supply of credit
and provision of remittance
facilities
 It provides financial assistance
to the people with small means
to protect them from the debt
trap of the moneylenders
 It is engaged in tasks of
production, processing,
marketing, distribution,
servicing and banking in India
 It supervises and guides
affiliated societies
DATA ANALYSIS AND INTERPRETATION
FINDING OF THE STUDY
 LIMITATION OF THE STUDY

 On account of time constraint whole spectrum of long term lending practices was
not possible.
 Inaccurate and inadequate information might have resulted to wrong
interpretation.
 Only a very few no. of respondent were interviewed to get the information.
 RESEARCH FINDING
 I found that customer is more preferring or favoring personal loan because it is easily
available.30% customers prefer education scheme.
 customers are satisfied with services & other banking facility provided so they are ready to
deal but then also the bank is working in very sound condition in every situation.
 70% of customers belongs to services & agriculture in this area farming is the main occupation
as well as young people are also going for small wage jobs in the urban area.
 the customer ratio of urban & rural area are 2:3 means 40% customers are from urban & 60%
customers are from rural area.
SUGGESTION AND RECOMMENDATION
 SUGGESTION
 The bank can introduce advance technology for banking and should give
attention to Manpower time to time.
 The bank can promote confidence and commitment among the staff members,
to address the expectations of the customers efficiently and handle technology
banking with simplicity.
CONCLUSION
The Co-operative banks help in strengthening the development of the
economy. Cooperative banks are a great help to rural masses who are engaged
in agricultural activities.
CONCLUSION
We learned a lot during our training in Co-Operative
Bank, which is going to be very useful for us in future.
We have prepared our project report on consumer
service during our training in Co-Operative Bank. In
which we have given some findings and some
suggestions for the cooperative bank. With which the
bank can improve something.
THANK YOU

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Summer Training Project Report On

“A STUDY ON BANKING SERVICE BASED ON” “Loan and Advance credit

I.K GUJRAL PUNJAB TECHNICAL UNIVERSITY JALANDHAR

To provide rural Financing as well as microfinance.

 The study is mainly concentrated on the lending practices pattern and

 They function with the rule of

 LIMITATION OF THE STUDY

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