A bank is considered a safe and secure place where we could invest our wealth as cash, keep our valuables in locker and also cash transactions. Often when there is a tight for our cash flow we take loan from the bank. This may be for various purposes like educational, occasional, agricultural, property, vehicle etc. If we are starting a new business where we are investing a huge amount of money, the first thing we do will be to choose a suitable banking partner. A bank can help the business grow in many areas, for e.g. the bank gives a special privilege called Overdraft or OD. This OD will help the company during financial crisis and allow them to run their business smoothly. The process of selecting a bank is pretty much simple; we can go through their balance sheets per financial year. The bank’s performance will be directly shown in the yearly report. The interest rate that banks provide would be mentioned on their financial year report and the risks associated with it could be also could be read from it. The fiscal rating will be also mentioned in yearly report
This portal allows users to check the details of the bank’s financial position and ranking, it also allows users to go through the status of their various undertaken loans and bank balance online.
Benefits for Users:
Would be able to see bank’s assets
New policies and schemes
Track their loan details
View Balance sheets of bank
The users can log in through their net banking password to view their monthly or daily bank statement, status of their presented Cheque etc. They can view the complete financial report and balance sheets of each branch of the bank. The risk factor could be easily analyzed from the financial follow up reports.Admin will upload all this project reports, policies, current status etc.
Download Bank Loan Project Report.