SYNOPSIS FORMATE

TITLE OF THE STUDY:-A study the BANK

OVERDRAFT offered
by Allahabad bank with
special reference to Gondia Branch.
INTRODUCTION:
An overdraft occurs when money is withdrawn from
a bank account and the available balance goes below
zero. In this situation the account is said to be
"overdrawn". If there is a prior agreement with the
account provider for an overdraft, and the amount
overdrawn is within the authorized overdraft limit,
then interest is normally charged at the agreed rate.
If the negative balance exceeds the agreed terms,
then additional fees may be charged and higher
interest rates may apply.
COMPANY PROFILE:
The Allahabad bank was established during 1865 and
is the oldest among the joint stock banks in the
country. It has presently has in excess of 2500
branches. It has an representative office at Shenzhen
along with a branch at Hong Kong. shree T.R Chawla
is the senior most executive director of the bank.
Shree Rakesh Sethi is the newly appointed chairman
and managing director of the bank.
RESEARCH METHODOLOGY:
Research may be defined as a scientific & systematic
research for information on a specific topic. Research
is an art of specific investigation Search of & may be
known as DATA.

i)

PROBLEM DEFINITION :
The problem of overdraft is from both the side
without holder specially current account holder
when deposit money & makes regular payment .
He faces, problem of shortage of fund
.Therefore, he need overdraft facility . On the
other hand the bank has to provide
these
overdraft facility as per banking regulation act .It
a sort of loans and advances.

ii)

OBJECTIVE OF THE STUDY:

a. To study bank overdraft in detail with
reference to ALLAHABAD BANK.
b. To study the various customers perception
about the bank overdraft.
c. To know the reasons, why, bank overdraft is
reduced by customer.
d. To study the financial strategy behind bank
overdraft with
reference to Allahabad
bank.

iii)

HYPOTHESIS :
a) Overdrafts facility satisfy the short term needs
of current
account
holders .
b) Overdraft facility is the tool which attracts the
customers.

iv) COLLECTION DATA :

Data will be collected from various sources
which are as follows :

PRIMARY DATA
Primary data is
employees.

collected

from

the

bank

SECONDARY DATA.
Secondary data is collected from the,
Internet
Books
Magazines.
v)

SCOPE OF THE STUDY :

It will help the bank to increase it cash credit
account holders.

vi)

LIMITATIONS:
The study is limited due to lack of time.

ANALYSIS OF DATA & INTERPRETATION:

Different tool & techniques will be used & Analysis &
Interpretation the data.
FINDINGS:
Finding is based on after study the data.
CONCLUSION:
Conclusion of the study will be taken from the
summary of the study.
SUGGETIONS:
Suggestions will be based on the finding after the
analysis of data .
BIBLIOGRAPHY:
R.S. Rustagi book

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