Banking types of transactions
Philosophy of Mathematics |
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Textbook
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Additional Information
Useful websites
Useful information about bank accounts from wikipedia
Reference Books
Teaching Outlines
Concept #1Basics of Banking
- opening bank account in banks ,post offices.
- types of accounts provided in banks
- making transactions in bank account
- transactions types in bank.
Learning objectives
- know about opening account in bank .
- know about the records to be submitted at the time of account opening.
- differentiate between the different types of accounts in banking transactions.
- know the difference between physical and electronic transactions.
Notes for teachers
Banking is very essential in day today life.Future banking is focussed on paperless which avoids people coming to bank for their transactions,so we should focuss on electronic banking by means of internet.Regarding to this one must have the fundamental ideas about bank and banking activities.In Indian system banks are now changed with technological aspects,so we should give the information fundamentals of banking.Accounts opening,its charecteristics,how to make transactions in banking.So the teacher should have the basic ideas about banking.
Activity No #1 proof records
- Estimated Time
one period to explain the importance of bank accounts one period to show the records to be submitted at the time of opening account.and to explain the procedures involved.
- Materials/ Resources needed
application form of account opening,pancard,epic card,photos.
- Prerequisites/Instructions
Teacher should collect the proof records like pancard, epiccard.
- Multimedia resources(not required)
- Website interactives/ links/ / Geogebra Applets(not required)
- Process/ Developmental Questions
- Evaluation
Tell the student to collect application form and fill it by self.
- Question Corner
Activity No #2
To open the account required docoments to be submitted to the bank are pan card and voter identity card. showing these cards in classrooms may give the idea of records for proof .teachers can also show the AADHAR CARD AS IDENTITY PROOF.
- Estimated Time
one period required to explain about the identity proof
- Materials/ Resources needed
aadhar card
- Prerequisites/Instructions,
having aadhar card with teacher before entering in to classrooms
- Multimedia resources
- Website interactives/ links/ / Geogebra Applets
UIDAI for more information on AADHAR CARD
This link will give you more information about aadhar card and its multiuses. aadhar card is now treated as identity proof and can be used to get the benifits from any government scheme.
DIRECT BENIFIT TRANSFER is one of the scheme which is corporated with the AADHAR CARD
- Process/ Developmental Questions
- Evaluation
- please collect the aadhar card number details of your family
- collect the information about the agencies working in giving aadhar card to citizens
- Question Corner
- why do banks ask for identity proofs?
- what is the similarity between these 3 identity proof records(AADHAR,PAN,VOTER CARDS)?
Activity No #3
TYPES OF ACCOUNTS
- Estimated Time
one period of 45 minutes to explain the types of accounts opened in banks as the activity under the consumer club.
- Materials/ Resources needed
different types of bank account passbooks of one bank,or post office passbooks.
- Prerequisites/Instructions
collecting pass books/or inviting bank employee to the club function.
- Multimedia resources
(not required)
- Website interactives/ links/ / Geogebra Applets
Allbankingssolution website gives more information on types of accounts This link will give you the information about types of accounts in banks -an article by RAJESH GOYAL-- WHICH ALSO FOCUSSES ON NEW TYPES OF ACCOUNTS OFFERED BY BANKS NOWADAYS.
- Process/ Developmental Questions
- Evaluation
- Why do bank offers RD account to customers?
- Why banks do not offer interest on current account ?
- Is it possible to transact without having any account?
- Question Corner
- What are the traditional accounts offered by banks?
- What are the differences between SB and CURRENT accoount?
- What is the minimum amount to start RD account ?
Activity No #4 BANK VISIT
- Estimated Time
one hour
- Materials/ Resources needed
challan copy, withdrawal slips,cheques of different banks.
- Prerequisites/Instructions
- Take prior permission from the concerned bank authority.
- Let the children have a thorough theoritical understanding of banking terminology.
- Multimedia resources
- Website interactives/ links/ / Geogebra Applets
- Process/ Developmental Questions
- Evaluation
- Assure that all the children have thoroughly understood the process of crediting and debiting.
- Are the children clear about using the transaction slips.
- Assure that they understood the process of filling the slips accurately.
- Question Corner
- In how many ways can you debit(withdraw) money from your account?
- Can you debit money with zero balance in your account?
Concept #
Learning objectives
Notes for teachers
Activity No #1
- Estimated Time
- Materials/ Resources needed
- Prerequisites/Instructions
- Multimedia resources(not required)
- Website interactives/ links/ / Geogebra Applets(not required)
- Process/ Developmental Questions
- Evaluation
- Question Corner
Activity No #2
- Estimated Time
- Materials/ Resources needed
- Prerequisites/Instructions
- Multimedia resources(not required)
- Website interactives/ links/ / Geogebra Applets(not required)
- Process/ Developmental Questions
- Evaluation
- Question Corner
Activity No #3
- Estimated Time
- Materials/ Resources needed
- Prerequisites/Instructions
- Multimedia resources(not required)
- Website interactives/ links/ / Geogebra Applets(not required)
- Process/ Developmental Questions
- Evaluation
- Question Corner
Activity No #4
- Estimated Time
- Materials/ Resources needed
- Prerequisites/Instructions
- Multimedia resources(not required)
- Website interactives/ links/ / Geogebra Applets(not required)
- Process/ Developmental Questions
- Evaluation
- Question Corner
Hints for difficult problems
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