pay in Slip-withdrawl slip.pptx account Opening Form

A pay-in slip is a document used to deposit money into a bank account. It typically includes details about the depositor and the amount being deposited.
A withdrawal form is used by bank customers to withdraw money from their account.

1. Withdrawal slip-Pay in slip- Account opening Form Prepared By : Dr Jenifer Thangam Designation : Assistant Professor

2. WITHDRAWL SLIP Definition : A withdrawal form is used by bank customers to withdraw money from their account. Key Elements : Date. Account holder’s name. Account number. Amount to be withdrawn. Signature of the account holder. Usage : Used in banks when account holders want to withdraw funds directly from the bank counter.

3. WITHDRAWL SLIP

4. Pay-in Slip Definition : A pay-in slip is a document used to deposit money into a bank account. It typically includes details about the depositor and the amount being deposited. Key Elements : Date. Depositor’s name. Account number. Amount to be deposited. Denominations of the currency. Signature of the depositor.

5. PAY IN SLIP

6. Account Opening and Nomination Form (KYC) Definition : These forms are used to open a new bank account. KYC (Know Your Customer) involves verifying the identity and address of the customer. Key Elements : Personal details (name, address, date of birth). Identification proof (passport, driving license, etc.). Address proof. Photograph. Nomination details (name of nominee, relationship, etc.). Signature. Usage : Required by banks to open a new account and comply with regulatory requirements.

7. TYPES OF DEPOSIT Savings Account – For individuals to save money with interest Current Account – For businesses with high transaction volume Fixed Deposit (FD) – Lump sum deposit for a fixed period with interest Recurring Deposit (RD) – Regular monthly deposits Salary Account – For salaried employees

8. Account Opening Procedure Choose Account Type Fill Account Opening Form (AOF) Attach Required Documents Submit Photographs PAN Card/Form 60 submission Signature Verification Initial Deposit Document Verification by Bank Account Number Issued Issue of Passbook / Debit Card / Cheque book Account Activated

9. KYC Documents Required Proof of Identity (any one): Aadhaar Card PAN Card Passport Voter ID Driving License 🔷 Proof of Address (any one): Aadhaar Card Utility Bill (Electricity, Water) Passport Rent Agreement Voter ID Recent passport-size photographs PAN Card is compulsory for transactions above limits Form 60 if PAN is not available For minors/senior citizens: guardian’s KYC is needed Importance of KYC Prevents identity theft Enhances trust and transparency Complies with RBI and anti-money laundering laws Protects bank and customers from financial frauds

10. Deposit Form A deposit form is used to deposit money into a bank account. Deposit Receipts A deposit receipt is issued by the bank as proof of the deposit. DEPOSIT FORM AND DEPOSIT RECEIPTS

11. FIXED DEPOSIT FORM

12. FIXED DEPOSIT RECEIPT