This internship report of Bank Alfalah Limited Bahawalpur where I spend 06 weeks in almost all departments of bank. I worked with all staff of bank. Internship Report on Bank Alfalah – Free ebook download as Word Doc .doc), PDF File .pdf), Text File .txt) or read book online for free. BANK ALFALAH LIMITED Internship Report submitted to the Faculty of Management & Administrative Sciences in Partial Fulfillment of the Requirements for the.

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Internship Report on Bank Alfalah Limited – Assignment Point

Later the bank of Amsterdam was also formed in This also positively impacts the confidence levels of our employees translating into better job performance and satisfaction.

When he used this book completely then he can apply for another known as subsequent Cheque Book. Re;ort procedure of Demand Draft is same as of pay Order. Assessment of the needs and wants of the customers is an on going process at Bank Alfalah, which helps to continually develop new products and services.

First of all the customer gives the request to close the account. Therefore, the bank was closed due to international pressure. He withdraws all his money from his account but in case of current account Rs. Every month we give ads in newspaper for bidding and sale the vehicle to highest bidder after open bidding. Suggestions Asked From Customers: Besides this growth specialized credit and financial institutions have also developed over the years. If the payment is of Rs.

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Up to December 31,there were 14 Pakistan commercial banks that functioned all over the country and in some foreign countries through a network of branches. Employees at Bank Alfalah are quite efficient.

Alfalah Credit Cover has a range of features designed to protect you and your family from the setbacks of life, at rates that are affordable. A requisition slip for Cheque book is also given to the customer. C nank all partners. These ratings have been awarded on the basis of a steady improvement in organizational performance, augmentation in equity base and increased sponsor backing.

Issuance of a Cheques Book: Offering lowest rate of markup of 12, In the same manner other banks present their clearing drawn on Bank Alfalah. Since the inception of Bank Alfalah by the grace of the Almighty we have moved rapidly in expanding our branch network and deposit base along with making profitable advances and increasing the range of products and services. All the cheques are then entered into the clearing system of the bank.

He enters all the particulars of the application form in the system and computer gives an Auto Control Number to the instrument. It also shows their loyalty, commitment to organization.

Following activities are performed by Account Department: Considering this product as the most lucrative mode of lending, and in view of its feasibility niternship the near future, BAL offers the most competitive mark- up rates in the market and provides a chance to the innumerable customers to make their dreams materialized through buying of their desired vehicles.

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This Bank rendered great service to the merchants as well as countries it dealt with until when it was merged with the Reich bank. This department is concerned with revenues, expenses, assets and liabilities.

The network of bank branches now covers a very large segment of national economy. Currently the bank has five corporate heads, namely Strategic planning, corporate and investment banking, branch banking and SME, consumer banking, and lastly Islamic banking. Bank employees and other common peoples can also purchase these shares and earn profit.

Bank Alfalah Internship Report – Bohat ALA

Skip to main content. These are then entered in clearing register and cheques for collection are entered in OBC register and handed over the Bills Department for collection.

Enjoy the benefits of this exclusive offer on your Bank Alfalah credit card. We will continue to strengthen our position as the leading provider of quality financial services in Pakistan.

Assignment Point – Solution for Best Assignment Paper

This increases efficiency of the bank. At the time of independence there were offices of scheduled banks in Pakistan of which were located in West Pakistan alone. Sales acquiring includes installation of POS machines at different merchant locations.

Again proper scrutiny is made by the officer cash department both on cash receipt and cash receiving register.