bank management system By divyarupa

This describes about a particular bank,its customers and how it manages all the accounts and the details about every entity related to the bank Bank: It handles both employees and customer and their respective.It provides different plans and different loaning schemes and respective interest rates will be displayed accordingly.It takes care of the money saved by the people and safe guards it carefully. Employee: He works for the respective bank.He takes care of different account holders and explains the benefits of every loan that each holder acquires.The name of the bank depends on his working capability and capacity. Customer: He/she is the main one here.All their important and valuable items are kept and handled carefully by the banks in the lockers provided to them.The employee himself might also be a customer and take loan for himself for his needs so basically directly or indirectly he is also a customer. Loan: This is the amount of money that a bank lends for people for their needs who applies for it.Bank asks for a surety that the respective person returns the money in time.If not then it takes away the property of them.They must even pay interest for the money taken in the form of installments. Account: People have account in the bank in which money will be deposited.Those are the savings of them for future use.It has current account and savings account.Money can be deposited,drawn,transferred etc from one account to other.A person may have more than one account. In this way the bank management system is handled.