Assignment Title

Comparative Analysis of Loan Process and

Documentation of TJSB Sahakari Bank
Ltd. and GP Parsik Sahakari Bank Ltd.

Name : Kajal Gupta

Roll no. P15

Information about the TJSB Sahakari Bank Ltd.
TJSB Sahakari Bank Ltd., popularly referred to as TJSB Bank, is one of India's
top cooperative banks, having been established in 1972. With its main office in
Mumbai, Maharashtra, TJSB Bank has grown throughout India's states,
providing a comprehensive array of banking services and products to its
clientele. The bank is dedicated to offering its clients individualised banking
solutions, such as current and savings accounts, loans, insurance, and
investment goods. TJSB Bank is renowned for its customer-focused strategy,
utilizing technology to improve banking while upholding the reliability and
honesty of a cooperative organization. It has become a well-liked option for
both individuals and businesses due to its solid financial practices, effective
service delivery, and community-oriented efforts over the years.
Financials as on 31.03.2023
 Rs.20,954 Crore Business Mix
 Rs.173 Crore Net Profit

Information about the GP Parsik Sahakari Bank Ltd.

GP Parsik Bank is a cooperative bank based in Maharashtra, India, with its
headquarters located in Kalwa, Thane. Established in 1972, the bank has a rich
history of serving the financial needs of its customers, particularly in the Thane
region. As a cooperative bank, GP Parsik Bank operates with the primary
objective of providing banking services and financial assistance to its members
and customers, fostering financial inclusion and socio-economic development in
its community. Over the years, the bank has expanded its range of services to
include savings accounts, current accounts, fixed deposits, loans, and various
other financial products tailored to meet the diverse needs of individuals and
businesses. With a focus on customer satisfaction and innovation, GP Parsik
Bank continues to evolve and adapt to the changing banking landscape,
maintaining its position as a trusted financial institution in the region. The bank
has crossed its business mix of Rs.6228/- crore consisting of deposits over Rs.4,
349/- crore and advances over Rs.1,879/- crore

Information about the TJSB Sahakari Bank Ltd. Louiswadi

Branch
IFSC Code: TJSB0000103

MICR Code: MICR not provided

Bank: TJSB SAHAKARI BANK LTD

District: THANE

State: MAHARASHTRA

Branch: LOUISWADI BRANCH

Phone number: 25825616

Address: SHOP NO.2,3,4 & 5, RATNA UMED RESIDENCY,

PIPELINE ROAD, LOUISWADI, THANE(WEST)-400604.

Services Offers
Deposit Accounts:

TJSB Sahakari Bank Ltd. likely offers various types of deposit accounts such as
savings accounts, current accounts, fixed deposits, and recurring deposits.

Loans :

The bank may offer various types of loans and advances including personal
loans, home loans, vehicle loans, education loans, and business loans. These
loans cater to the diverse financial needs of individuals and businesses.

Investment Services:

The bank may offer investment products such as mutual funds, insurance
products, and wealth management services to help customers grow their wealth
and achieve their financial goals.
Payment Services:

TJSB Sahakari Bank Ltd. likely provides payment services such as NEFT
(National Electronic Funds Transfer), RTGS (Real Time Gross Settlement),
IMPS (Immediate Payment Service), and UPI (Unified Payments Interface) for
seamless fund transfers.

Cards:

The bank may issue credit and debit cards to customers, enabling them to make
purchases online and offline, withdraw cash from ATMs, and avail of various
benefits and rewards offered by the bank.

Safety Deposit Lockers:

The bank may provide safety deposit lockers for customers to securely store
valuable items and documents.

Government Scheme Services:

The bank may facilitate various government schemes such as Pradhan Mantri
Jan Dhan Yojana (PMJDY), Pradhan Mantri Suraksha Bima Yojana (PMSBY),
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Atal Pension Yojana
(APY) to extend financial inclusion and social security benefits to customers.

Information about the GP Parsik Sahakari Bank Ltd. Louiswadi

Branch
IFSC Code: PJSB0000010

MICR Code: MICR not provided

Bank: G P PARSIK BANK

District: THANE

State: MAHARASHTRA

Branch: LOUISWADI BRANCH

Phone number: 25811096

Branch ID: 10

Address: Louiswadi Branch, Surabhi Apartment, Ground Floor,

Louiswadi, Thane(w).

Services Offers
Savings Accounts:

Offering interest on deposited funds along with easy withdrawal facilities.

Current Accounts:

Tailored for businesses and individuals requiring frequent transactions.

Fixed Deposits:

Providing higher interest rates for fixed periods of deposit.

Recurring Deposits:

Allowing customers to save regularly over a period of time with fixed monthly
deposits.

Loans:

Providing various types of loans such as personal loans, home loans, education
loans, and business loans.

Debit Cards:

Offering debit card facilities for easy and convenient transactions.

Information about the TJSB Sahakari Bank Ltd. Personal

loan Scheme

Information about the GP Parsik Sahakari Bank Ltd.

Personal loan Scheme