Visit a nearby bank branch in your lacality and collect information about various types of account available for customers to open as per their requirement.

Dhani Mani Bank is a private sector bank offering verious serices to its customers, It offers verious type of bank account options to its customers. Rakesh being a businessmen has chosen the type of account in which the deposite are the most liquid and there are no limit to the number of transactions or the amount of transactions in a day. On the other hand, his mother has opened a type of account where she can conveniently deposit the money whe saves. she has ot cheque facility and lot of flexibility for deposits and withrawal where as Rakesh's sister Reema opened the account where she will deposit Rs 2000 per mouth for next two years. In the context of the above case: 1 . Identify the verious type of bank acounts used by Rakesh and his family. 2. Decribe briefly two other types of accounts.

Traditional bank architecture is based on bank branches. These branches ensure the physical (156) of a customer's savings. A customer may go there to deposit and withdraw money, (157) loans and (158) in other financial transactions. In the past two decades banking architecture has changed the Automated Teller Machine (ATM) has been a big (159) and credit and debit cards have created new financial spaces. (160) the bank branch has remained the bedrock of the banking system after all a person needs a bank account in a branch before he can operate a debit or ATM card. This may be about to change as technocrats now (161) cell phones as the new architecture of virtual banks. This has the potential to make branches (162). Cell phone banking looks especially relevant for India, since it can penetrate the coin tryside cheaply and (163). The world over cell phones are spreading at a (164) rate and in India alone new cell phone connection are growing at the rate of six million a month a rate of customer (165) that no bank can dream of.

Traditional bank architecture is based on bank branches. These branches ensure the physical (156) of a customer's savings. A customer may go there to deposit and withdraw money, (157) loans and (158) in other financial transactions. In the past two decades banking architecture has changed the Automated Teller Machine (ATM) has been a big (159) and credit and debit cards have created new financial spaces. (160) the bank branch has remained the bedrock of the banking system after all a person needs a bank account in a branch before he can operate a debit or ATM card. This may be about to change as technocrats now (161) cell phones as the new architecture of virtual banks. This has the potential to make branches (162). Cell phone banking looks especially relevant for India, since it can penetrate the coin tryside cheaply and (163). The world over cell phones are spreading at a (164) rate and in India alone new cell phone connection are growing at the rate of six million a month a rate of customer (165) that no bank can dream of.

Traditional bank architecture is based on bank branches. These branches ensure the physical (156) of a customer's savings. A customer may go there to deposit and withdraw money, (157) loans and (158) in other financial transactions. In the past two decades banking architecture has changed the Automated Teller Machine (ATM) has been a big (159) and credit and debit cards have created new financial spaces. (160) the bank branch has remained the bedrock of the banking system after all a person needs a bank account in a branch before he can operate a debit or ATM card. This may be about to change as technocrats now (161) cell phones as the new architecture of virtual banks. This has the potential to make branches (162). Cell phone banking looks especially relevant for India, since it can penetrate the coin tryside cheaply and (163). The world over cell phones are spreading at a (164) rate and in India alone new cell phone connection are growing at the rate of six million a month a rate of customer (165) that no bank can dream of.

Traditional bank architecture is based on bank branches. These branches ensure the physical (156) of a customer's savings. A customer may go there to deposit and withdraw money, (157) loans and (158) in other financial transactions. In the past two decades banking architecture has changed the Automated Teller Machine (ATM) has been a big (159) and credit and debit cards have created new financial spaces. (160) the bank branch has remained the bedrock of the banking system after all a person needs a bank account in a branch before he can operate a debit or ATM card. This may be about to change as technocrats now (161) cell phones as the new architecture of virtual banks. This has the potential to make branches (162). Cell phone banking looks especially relevant for India, since it can penetrate the coin tryside cheaply and (163). The world over cell phones are spreading at a (164) rate and in India alone new cell phone connection are growing at the rate of six million a month a rate of customer (165) that no bank can dream of.

Traditional bank architecture is based on bank branches. These branches ensure the physical (156) of a customer's savings. A customer may go there to deposit and withdraw money, (157) loans and (158) in other financial transactions. In the past two decades banking architecture has changed the Automated Teller Machine (ATM) has been a big (159) and credit and debit cards have created new financial spaces. (160) the bank branch has remained the bedrock of the banking system after all a person needs a bank account in a branch before he can operate a debit or ATM card. This may be about to change as technocrats now (161) cell phones as the new architecture of virtual banks. This has the potential to make branches (162). Cell phone banking looks especially relevant for India, since it can penetrate the coin tryside cheaply and (163). The world over cell phones are spreading at a (164) rate and in India alone new cell phone connection are growing at the rate of six million a month a rate of customer (165) that no bank can dream of.