Contents

Part 1: ............................................................................................................................................................ 2
INTRODUCTION ............................................................................................................................................. 2
Overview of organization and its structure .................................................................................................. 2
1.1 Evolution of Banking in Indo-Pak Sub-Continent ................................................................................ 2
1.2 Present status and history .................................................................................................................. 2
Nature of the organization........................................................................................................................ 3
1.3. JS vision Statement ............................................................................................................................ 3
1.4. JS mission Statement ......................................................................................................................... 3
1.5 Branches Network............................................................................................................................... 3
1.6 Organization Chart of JS Bank of Pakistan .......................................................................................... 4
1.7 Introduction of all Departments ......................................................................................................... 5
1.8 Products and Services ......................................................................................................................... 8
Part 2 ........................................................................................................................................................... 10
Work done by me........................................................................................................................................ 10
2.1 Branch Introduction .......................................................................................................................... 10
2.2 Weekly Time Table: ........................................................................................................................... 10
2.3 Detailed Description of the Department in Which work .................................................................. 13
2.3.2 Advance Department ................................................................................................................. 18
2.3.3 Government Department .............................................................................................................. 19
2.3.4 Remittance Department ............................................................................................................ 20
2.3.5 Clearance Department ................................................................................................................... 22
2.3.6 Computer Department: ............................................................................................................. 23
2.4 Describe details of the tasks entrusted me ...................................................................................... 25
2.5 Summary of Learning ........................................................................................................................ 26
Reference & Sources used ...................................................................................................................... 29
Part 1:
INTRODUCTION
JS Bank Limited has been produced after the combination and merger of
Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American
Express Bank Ltd Pakistan. JS Bank Limited commenced operations in Pakistan as a
totally programmed bank on December 30, 2006. JS Bank Limited also has a major
trader warrant for government securit i es start ing the S t at e Bank of P aki st an. J S
Bank’s heart i s t o give a qualit y and innovative choi ce of banking mi lit ar y and
goods. The Bank’s ke y behavi or can be categorized into three Business Units:
 Trade and Consumer Banking
 capital
 Corporate & Commercial Banking
 Investment Banking
Overview of organization and its structure
1.1 Evolution of Banking in Indo-Pak Sub-Continent
“Indian civilization was reasonably common with the bank, right at the opening. There is also
enough proof to show that the people during the fifth century were adapted to the use of hunting
dogs as an savings loan, And whenever people loans beside securities and other personal stuff
and goods and other material goods.”
1.2 Present status and history
“JS Bank of Pakistan maintains its location as the bank of Pakistan Prime Minister is
resolute to set higher principles of achievement. Which is a main trading colleague of the
Government of Pakistan, with a exacting focus on promoting financial development through
violent lending policies and balanced Pakistani and technology-oriented branches? The JS Bank
of Pakistan came into survival on 20 November 1949 with the National Bank of Pakistan NO.21
judgment of 1949.It is a quasi-public bank such as banks and other businesses. consequently,
receives funds from depositors and provides loans / praise services in all sectors such as industry,
trade and cultivation It also acts as an manager of the Central Bank and working in places
materials where there is no branch of the State Bank of Pakistan there. JS of Pakistan also public
sector along with other banks, in January 1974 sambrial joint bank also in this bank. In 1999 the
JS celebrates its golden anniversary during the past fifty years the bank has taken significant
steps in the economic services industry in Pakistan.
Nature of the organization
“JS Bank of Pakistan is a banking institute, a public limited company programmed in
Karachi Stock Exchange (KSE), Islamabad Stock Exchange (ISE), and Lahore Stock Exchange
(LSE).”
In 1999, the market share of 22% and ruins the largest financial institution in Pakistan.”
Following is the brief the past of JS Bank of Pakistan
1.3. JS vision Statement
To provide quality and innovative range of banking services and products to our
customers by a highly motivated team of professionals maintaining returns to our
shareholders.
1.4. JS mission Statement
 To be a favorit e part ner of our cl i ent el e b y provi di ng complet e fi nanci al
s ol ut ions exceeding service outlook, though a single connection via
conservative and non – conservative, conveniently easy to get to sharing channels.
1.5 Branches Network
ONLINE BRANCHES 1286
JS SWIFT Network 13
Customer facilitation 16
Centers
OVERSEAS BRANCHES 23
No. of ATMs 203
Islamic banking 8
1.6 Organization Chart of JS Bank of Pakistan
DESIGNATIONS FO HIGHER LEVEL OFFICERS
PRESIDENT

SENIOR decision-making VICE PRESIDENT

GRADE 22

EXECUTIVE VICE leader

GRADE 21

VICE leader
GRADE 20

ASSISTANT VICE PRESIDENT

GRADE 19

GRADE I OFFICER
GRADE 18

GRADE II OFFICER
GRADE 17

GRADE III OFFICER

(GRADE 16)

No. of Employees
According to annual report 2017
Total number of employees 23000
JS Bank of Pakistan, Head Office

Head office of JS Bank of Pakistan

1st Floor, Sheehan Commercial Complex, Dr. Ziauddin Ahmed Road, Karachi, Pakistan JS Bank
of Pakistan, Head Office JS Building,
Phone: 526524105
Email: enquiries@jsbank.com.pk
Url: www.jsb.com.pk/
1.7 Introduction of all Departments
Departmentalization
In-between an association into special parts according to the function is called
departmentalization.
These are the following departments Explain it.
Cash Department
The most significant section in the bank is Cash section.
Cash section performs the subsequent function.
 getting Cashier Books
 Token Book
 Paying Cashier Book
 Scroll Books
 Cash Balance Book
 Receipt
The money, which also come or goes out from the bank, its proof must be reserved.
 Payments
It is a banker’s main contract to pay back money traditional for this customer’s account generally
by worship his cheques.
Clearance Department
Following are type of cheques composed for clearing:
 clearance cheques
 Transfer cheques
 Collection cheques
.Bank is get ready two book for record of cheques
 In-Word Clearing Books
 Out-Word Clearing Book
 Advance Department
“Advances section is one of the mainly receptive and important department of the bank. The
major part of the income is earned through this section. Every bank has a department which
advance money to borrowers.”
 Principles of Advances
There are five principle, which must be accordingly practical while advance money to the
borrowers.
 Safety
 Liquidity
 Dispersal
 Remuneration
 Suitability
 Forms of Loans
In adding to buy and discount of bills, bankers in Pakistan usually lend in the form of cash
money, overdrafts and loan. JS provide advances to unusual people in different ways as the case
order.
 Cash Finance
 Overdraft/Running Finance
 Demand Financing/Loans
 Remittance Department
Allowance means a sum of cash sent in payment for impressive This department deal with
either the move of money from one bank to other bank or from one branch to another branch for
their clients. JS offers the following forms of remittance.
 Demand Draft
 Telegraphic Transfer
 Pay Order
 Mail Transfer
 Deposit Department
It controls the following activities:
 A/C opening.
 Issuance of cheque book.
 Current a/c
 Saving a/c
 Cheque cancellation
 Cash
Account Opening Department:

This department is connected to open new the books of the customers and taint opening
of an account is the organization of the connection among the bank and client. Branches.
Following are the types of accounts open in the JS
 Current
 PLS SNTDR
 PLS saving
 FC
 PLS term
 Premium saver
 BBA
 Call deposit
Credit Department

Credit section is linked with other three departments connected to finance i.e.
 Trade Finance
 Ijarah
 Corporate Banking
Government Department

Payment of income also is being complete by this department. Department of Government

segment receive all the regional and central proceeds. JS make payments to following:
 Retired officers of Armed forces
 Civilian
 Retired officers of PAF and families
 Defense civilian pensioners
 Others ( KRL, OGDC, PAEC/ PR, RANGERS)
Documents necessary for the income expenses:
 Pension payment order
 No and date of NIC
 Pension book
 Photographs of the pensioner
  Two example name, thumb and touch feeling.
1.8 Products and Services
 Kamiyab business
 Retail banking
 Rupee plus account
 Rupee current account
 Pls rupee saving account
 Rupee basic banking account
 Rupee fixed charges
 Foreign currency account
 Loans and running finance
 Western union home remittance
 Internet banking
Services
 Demand Draft
 WIFT System
 Letters of Credit
 Cheques
 Payment Order
 Mail Transfer
 Foreign Remittances
 Short Term Investments
Products:

Business
Part 2

Work done by me
2.1 Branch Introduction
“During my internship in JS Bank of Pakistan I enjoy to work with staff of branch, from
“17.07.2018. to 27.08.2018” and I have a wish employee of js Bank of Pakistan. In this time I try
my best to know all departments of bank.
 Branch profile
Branch Name JS Bank Multan Road Branch Burewala
Branch Code 9573
Address Al -Yaqeen Trade Centre, Multan – Vehari
Road, Tehsil Burewala, District Vehari.
Phone No 0673 770363 – 65
Tehsil Burewala
District Burewala
Division Multan
Province Punjab
Status Online

Starting and ending dates of internship

Starting Date------ 17-07-2018
Ending Date------ 27-08-2018
Supervisor
Mr. Waqas Arshad
2.2 Weekly Time Table:
“I worked in JS Bank Limited Multan Road Branch Burewala. I completed 6 weeks of
internship and performed many activities there. My weekly time table was as follows.”
Department Weeks Date Day Daily Work
Account Introduction with all the Staff
17/07/2018 Wedneaday
Opening member of the branch
Account Week 1 Thursday Introduction to Account opening
18/07/2018
Opening Department
Account Receiving the account opening
19/07/2018 Friday
Opening form

Department Weeks Date Day Daily Work

Account Monday Receiving the application and
Opening Week 2 22/07/2018
issuing Cheque Book
Holiday 23/07/2018 Tuesday Holiday due to 14 August
Account
24/07/2018 Wednesday Filling cheque and Slips
Opening
Account
25/07/2018 Thursday Filling cheque and Slips
Opening
Account
26/07/2018 Friday Closing the Account
Opening

Supervisor Name: Waqas Arshad

Department Weeks Date Day Daily Work

Monday Introduction
Advance 29/0/2018
in Credit Department
Introduction in Credit
Advance 30/08/2018 Tuesday
Department
Week 3 Introduction in Credit
Advance 31/08/2018 Wednesday
Department
Introduction in Credit
Advance 01/08/2018 Thursday
Department
Advance 02/08/2018 Friday Loan against gold

Supervisor Name: Waqas Arshad

Department Weeks Date Day Daily Work

Monday
Advance 05/08/2018 Loan against Gold

Advance Week 4 06/08/2018 Tuesday Loan against Gold

Advance 07/08/2018 Wednesday Loan against Gold
Advance 08/08/2018 Thursday Loan against Gold
Advance 09/08/2018 Friday Loan against Gold

Supervisor Name: Mr. Waqas Arshad

Department Weeks Date Day Daily Work

Monday
Government 12/08/2018 Pension Payment

Government Week 5 13/08/2018 Tuesday Pension Payment

Remittance 14/08/2018 Wednesday Introduction of Remittance
Remittance 15/08/2018 Thursday Introduction of Remittance
Remittance 16/08/2018 Friday Demand Draft
Supervisor Name: Mr. Waqas Arshad

Department Weeks Date Day Daily Work

Remittance 19/08/2018 Monday Demand Draft
Remittance 20/08/2018 Tuesday Payment Order
Week 6
Remittance 21/08/2018 Wednesday Payment Order
Remittance 22/08/2018 Thursday Online Transfer
Remittance 23/08/2018 Friday Online transfer

Supervisor Name: Mr. Waqas Arshad

Department Weeks Date Day Daily Work

Clearing 26/08/2018 Monday Introduction of Clearing
Week 7
Clearing 27/08/2018 Tuesday Inward clearing

Supervisor Name: Mr. Waqas arshad

2.3 Detailed Description of the Department in Which work
“ During the short time phase of my internship in JS Bank of Pakistan, I was chance to
work in these department these are under following
1. Account opening Department
2. Advance Department
3. Government Department
4. Remittance Department
5. Clearing Department
6. Foreign remittance
7. Utility Bills Collection
The reason was give a faster look the work of whole of banking organization I use a four or five
days in each part to learn more and more staff necessary its community meeting a great learning
knowledge.
2.3.1 Account Opening Department
During my internship we start from opening department I learn and practical a lot of
concerning the opening of an account. I think that the opening the account of customer is suit a
good family members between customer and banker. Due to opening a bank account then
become a customer of a bank and a knowledge the essential obligation and pace that are essential
to opening a new account then bank investigation all the ID and all the necessary information JS
give a many put scheme of account these are the some normally open account following
 Current Account
 Profit and loss share account
 And Fixed deposit account
 Current account
This is depend on customer which account opened demand When a bank believe to
satisfying the apply for that is responsibility of bear to pay all check pinched etc. and the
boundary to equilibrium to his report due to natural world these deposit account the
accountability of the bank and the bank of Pakistan are not giving a profit on this account and the
obligation of customer to the smallest amount balance and deducted the charge on current
account service. This is the most significant function of current account customer are remove
money any time from his account there is not any charges paying to bank in this account not
giving profit to customer and not any entry fee charge from customer. Current account use for
fixed put down when customer opening a fixed account first to open a current accounts that is
use for income withdraw that earn from fixed account. client draws a check on bank and
withdraw profit each month.
 Saving account
And the second account is profit and loss economy account customer can open a saving
account the set down a very small amount of cash in saving account not any service charge
paying to bank in this account if a definite amount for specific time time then bank work out a
earnings and give to customer that are salaried after 6 month and the cheque book issues to
customer for the withdraw money from his account. There is no limit on withdraw from deposit
account and not give confidence to needless withdrawal of deposit that policy allowable the state
bank of Pakistan saving plan flor students in college and institution of higher education and as
well as manufacturing work. And the other reason of encourage the routine of saving in public
and the first put down are very less necessary. And all report are open free of price to client.
 Fixed Account
Third is a fixed account bank are ability to our client of fixed account in this account
bank are fixed a definite amount are set for specific stage and open a present account for
withdraw a earnings every month that is regularly five to ten year.
 Precautions necessary to open an account:
 Know your customers:
The plan of the information of your clients is to obtain an plan of the economic capital of the
customers, and individuality and universal in order on opening an account. Bank must have the
following information about your customers.”
 Customer name:
“ at first enter the name of the customer total and in agreement with the NIC card and the
name of the corporation and according to business papers if a person of the paid class enters their
manager person's name.”
 Address:
“Enter the full address in Business Administration / residential. The customer is
responsibility to provide a valid address.”
 Contact number:
 “go into the house and the executive mobile number and e-mail address (if any). Can
confirm the number of banking by give a call or send an e-mail message to him on the client.
 Special instructions:
“We obtain all the orders from the client. If the client must not given particular
commands column is deselected by picture a row, and this must not be a blank article in any
condition.
 How to open an account
JS Bank of Pakistan facing to to opening a account I practical the next conditions to
accomplish for open new account.
 Account holder is necessity name on account opening structure in the bank.
 The necessary the two copy of national identity card customer and two copy of NIC any
other human being for later than innovative account owner to owner an account.
 Bank is lacking give any cause to reject to open an account.
 The bank is correct to change a smallest amount balance of necessities.
 The smallest amount quantity of balance to open a account for present and economy five
hundred and for fixed account one thousand.
 Procedure to open an account
According to my perform in JS Bank of Pakistan when the customer wishes to open an
account bank officer be given a two NIC copies to any other family part and all in sequence
which is essential to open an account by the bank. First the account opening officer get a
NADRA confirmation form the reserve of NADRA and one copy of confirmation send head
office Sialkot then after endorsement from head office. We are open account then opening a
account from side to side online then download these account opening form in solid form then
name of customer on these form. That are the basic obligation of JS bank of Pakistan for opening
a Account.
 Title of account
 Full name of candidate
 Occupation of candidate
 Address of candidate
 Phone number of customer
 Currency of account
 What kind of your business
 And introducer name address and signature
 And any special ID regarding the account
  And to initial put of account
 And the name of candidate.

 Documents to be attached
And I study that if you open these account then these ID are required. These are the special types
of accounts.
 Joint Account
For opening the joint Account necessary the both human being NIC copies.”
 Sole proprietors Account
“In handle to open an account with JS bank of Pakistan sole owner has to present their business
official document number of listing.
 Partnership Firm Account
“in order that is necessary submit to be JS Bank of Pakistan in the case of company firm. These
are following necessities
 Full name of big business
 total address of business
 The partner example signature
 And the right copy expert of company action
 If the company register necessary the registrations figure
 Societies and Association Account
“The bank are open the accounts of any club and any organization and that are non-
profitable business which are support to civilization and teaching and other generous reason and
any other benefit work some of these welfare association registered through society act 1886 and
these act to give a register certificate after all situation completion.
 Specimen Signature
The name of candidate for the reason of safety take on definite in this card mark a name
of account holder and the account number that are problem to customer and these card scan by
the by of scanner and record in our computer for by any time when require it.
 Filing of deposit slip for Cash
“ file the slide put in his accounts for first amount first trample of branch on peak on slip
then write the name of account then write Account Number, write the quantity that put and
signature of saver.”
 Filing of Deposit slip for Cheque
 “ First stomp of branch on top on slip then write the name of account then write Account
Number, write the name of these bank that cheque put, and write the number of cheque and name
of saver.”
 Zaqat Affidavit
If the customer gives a Affidavit paper of zaqat then no zaqat are deducted in his account
if these affidavit not give the on 1st ramdan deducted zaqat every year.
 Letter of Thanks
Letter of appreciation is the latter issue by the bank to the client for two purpose 1st
purpose is to say appreciation to the client for opening the account in their bank 2nd reason is to
verify the speak to provided by the client while opening the account.
 Issuance of cheque book
“When the client open account in bank then the bank be issue a cheque book to customer for the
reason of remove of cash our account and bank give a first time to cheque book to client that is
contain on ten cheques in a order first take a form for issuance cheque book that are symbol by
account owner then the first cheque number and last cheque number write on shape and write
day on form then evidence in cheque book list first write consecutive number of cheque number
then name of account holder then account number and name of account holder on register. Then
sign by the officer and give cheque book to customer. And the charge of cheque book improved
from client and every cheque price Rs. 5 bank are debit the customer account.
When the issue cheque book second time than on sheet of document in his cheque book that take
a sheet with the name of account then apply online and the procedure of subject are same that’s
on top of explain but in second time cheque book issue are not any shape necessary.
 Request for cheque book to head office
The cheque book print in head office in Karachi we are open a website which is use for cheque
book that are NIFT than the officer login and first write a account number and name of account
owner and choose cheque book that compulsory.
 Payment of cheques
In the JS bank of Pakistan I study how to create a sum of cheque. First filing the cheque
first name of barer or personality after that write a date and amount that are compulsory to
customer mark in statement and then after that write in shape then the name of account holder
front on cheque under the right place of cheque and give to BBO that are examination customer
balance if assemble to that draw a cheque then stamp of verify signature and pay money then
reorganization a cheque in system and stamp of reorganization and further to manager checking
check and sign and submit to casher and stamp of salaried cash and name of receiver on back of
cheque and pay the quantity.
 Cheque cancellation:
These are the some following condition the cheque are cancelled
 Write any outlook date on cheque
 Any overwriting on cheque
 caution out cheque
 Wrong signature of account holder
 diversity in shape and statement quantity
 If the inadequate self-confidence in client
 Any extra incorrect satisfying of cheque
 How to close an account
“The account can be stopped up from the account holder at any time.the customer file the
account concluding account shape and submit in bank then bank are all quantity salaried to
customer and closing the account and customer go back cheque book to bank and the office
cancel all the outstanding cheque in cheque book.
2.3.2 Advance Department
“This is the the majority important section of a bank is go forward section and bank earn
a huge segment of income through this section. And the each bank provide a advance to client
and earn a income in JS MULTANRoad Branch Burewala.The move forward section is a
essential reason to give a loan to customer small expression and extended term together but in
this branch provide loan only next to Gold mortgage. Officers make a proposal of loan and get
all in sequence from customer that is required. And the main meaning this division takes a loan
at loan attention and gives the extra cash to client at far above the ground speed of notice.
 Loan against Gold
This is the the majority ordinary form of bank lend. You can congregate your require
designed for ready cash next to your idle gold. The score rate is 15.50 percents and the ability
provided 40 thousand rupees next to each ten grm of net inside of gold. And no most limits of
money for loan, the loan refund after the period of one year and only accepted gold ornaments
and the quality and weight of gold to be decide by JS bank of Pakistan goldsmith chosen and no
additional charge for near the beginning repayments.
 Procedure for advance loan
These loan give only farming growth against by advance of Gold. That advance provide
for one time short era of time. First the customer comes in bank for Appling for loan. Loan
section deal Sir Haider Ali advice to customer all the obligation that is essential for attractive a
loan. First go goldsmith for the examination the value and mass of gold . Then the goldsmith
write a in order of gold on a exact paper the crass mass of gold and the net burden of gold and
the marketplace price of gold and the name of manager of goldsmith. Then the customer come in
bank and casher check and checking the mass of gold and then write the quantity of loan that are
provide to client.
Then Haider Ali suit a suggestion of loan online satisfying the form on computer then these form
written in firm form and name of customer all page of suggestion and distant the three lawful
stomp paper and three other voucher become one a Debit voucher for the expense to customer
amount one for indemnity and other withholding duty then submit to manager check all
suggestion and name on proposal that vouchers compensation to casher on answer and one
withdrawal voucher that the casher sum to client.
The these suggestion reserved in a divide folder then satisfying these trample paper and open a
account in ledger register first write the name of customer and lecture to of customer then write a
NIC of customer and Phone number date of birth and the amount of loan write in debit article
and all the in order and what kind of jewels and its mass and the market price of gold and
analyze the withholding tax and indemnity write in record then these register make sure by
casher and name of casher and Manager.
Then these file refer to account opening section then open the account online and printout the
suggestion and name by customer these bookkeeping opening form kept in folder and these
folder reserved in proceedings in banks client receives cash and go to house.
2.3.3 Government Department
“Government section is a significant part of the bank these requirement some punishment
assign from statement bank of Pakistan unpaid to the cause any mistake or nor finished
employment and complementary.
 Government Payment
  Government expenditure are incorporated
 sum of pay
 sum Of retirement fund
 retirement fund sum to Armed force
 retire officers of PAF and family
 Traffic Chillan
 The Pension Payment Documents Required
 Pension imbursement order
 CNIC Number and the date of Expire
 Two exact Signature/ thumb
 One photographs of the pensioner in list of retirement fund
 Original pension Book
 Officer enter them in a ledger to kept eternal evidence.
 Payment of Pension
First file the retirement support imbursement arrange mark the PPO and the name of
pensioner and the name of pensioner two place and write amount of pensioner payment then we
two printed use one confirm stamp and 2nd is paid cash then submit to managers name on register
book and retirement fund book and on allowance sum arrange Then manager provide to casher
retirement fund book and retirement fund expense order casher reserved the pension payment
order and pay money to pensioner.
 Make a Scroll
At the finish of day these all retirement fund evidence in pension proof list and then
create a scroll on Excel sheet mark a name of pensioner, PPO number of pensioner and quantity
that are sum to pensioner. And create a debit voucher and propel to major branch Daska by
postage.
2.3.4 Remittance Department
Regularly use the business payment is the main purpose of payment section to move funds one
place to another place. payment means to sum of amount in payment for great. That department
is ability provided to our client transfer money one branch to any other branch. That is offer
safety to our customer JS Burewala Branch are subject the following form of remittance ability
give to our client.
  Demand Draft
 Pay order
 Online transfer of
 Demand Draft
The significant form of convey is order draft. The purchaser satisfying request form for
subject demand draft, on this form the name of sender and account number of sender and take in
the name of receiver. And the customer submit amount of DD in branch then the making a
demand draft and give to the customer. If the customer are account holder then first put amount
in our account then draw a cheque and JS charge receive 130 rupees for account owner if the
customer is not account owner then pay a tax and bank charge. And two type of DD
a) Open DD: open DD where straight payment is foolish.
b) Cross DD: but angry DD is where sum is made through report JS bank of Pakistan
are charge these on creation demand draft
 Up to fifty thousand is 130 rupees only
 And over fifty thousand is 2.6% only
 Pay Order
“ Restricted salary for the move of funds are set. Pay order is the the majority suitable and
easy and secure form to move one put to other. JS bank Pakistan is not charge any charge to
creation of pay order, bank are daily operating cost salaried by sum order for instance the
payment of charges of information paper then make a sum order and signature of receiver of
payment order on back are two and one on payment order book then the customer show these
payment arrange to casher and casher be given pay order and give a money to customer and
reserved ka pay order post ring of option and cipher the request. If the customer needs to
disburse in cash, then cash is submitted by the customer with the bank charge and preservation
tax and only cost is deduct. If the customer pays by cheque then we are not charge a maintenance
tax from client.”
 Online Transfer Money
“JS Bank of Pakistan has smallest amount charge of online change repair. saver simply
plug out the put slip with the amount to be transfer fasten your account and the account number
to put JS Bank of Pakistan of the computer scheme and the Internet is the best way move cash
from one town to one more. If the customer deposit cash for online then charge a withholding tax
from customer if the account owner draw a cheque and transport currency his account then buyer
are not paid a custody tax. We get a NIC duplicate of correspondent and file online shape then
printout these then on these form autograph of correspondent.”
2.3.5 Clearance Department
“Trade of in order of profitable banks is an friendship in a definite place for the reason of
distribution thanks and the claim completion. In the Pakistan the scheme of payment
organization by the report bank of Pakistan. If the office of statement bank are not accessible in
place then JS the represent of the SBP as a payment house for in order.
When the cheque sketch on one bank and the owner and the put in his account at the bank
of stairway and resolve the joint promise by two banks and modify the sum asset and liability of
together banks when a account holder submit a check in his account then that bank send to
cheque head office and head office send to these credit branch when the payment pass and return
to bank then the bank credit the customer account. That is a very easy and secure method to
move to currency.
A exacting bank the differentiation the sum represent the cash to salaried ad the quantity
to be getting by it. Each and every bank and then get the amount from him or pay the net amount
payable. This is the essential reason to give the facility cheque their clientele to pay one more
bank.
Differentiation among the total represent the amount to be salaried by a exacting bank, and
the amount to be received by it. Each bank and then receives the net amount. The objective of
this part is to make easy check their clients to disburse one more bank.
 In-Word Clearing Books
The bank is using this book footage all the cheques that are received by the bank in the
first payment. First we are make sure the account equilibrium and the name of account holder if
both are right then two stamp one for verify signature and other for bank move stamp. And
make a debit voucher then give to manager and manager signature on cheque and debit voucher
and go back to BBO then we are debiting the customer account and credit cash then the original
debit voucher send to NIFT and the copy reserved in evidence.
 Out-Word Clearing Book:
The Bank use overseas review evidence for the reason of copy all the details of the check
that the bank had been deliver to other banks. When the customer put a cheque In his account
then we a filing a credit slip write a name, account number and the signature of customer and
write a cheque number and write a amount . At the finish we are evidence in a payment register
and fasten a package wrap and drive to NIFT. Next day go back a payment then credit the client
account.
2.3.6 Computer Department:
These department head by the Muhammad yousaf are drama the all purpose of computer
section the essential purpose of computer section to give the ability to customer in the sum of
cheque. These are the major purpose that are do by computer section are as follow.
 Checking equilibrium of account holder.
 Posting of cheque
 Issue bank statements to Account Holder.
 Payments of Western Union.
 Payment of Express Money
 Dealing E remittance.
Foreign Remittance
 Payment of Western union
We take delivery of a Ten digits number and copy of CNIC of customer and unique CNIC then
open a logion then enter number then enter the CNIC number of customer then enter that turn
into a payment and printout on page two name in front page and two signature of customer
support side of paper and the cash paid stamp on front side. Then send to casher stamp cash sum
with date and provide money to client At the end of daylight hours all account are generate and
print out on page and create a credit voucher F16 send to major branch Karachi by postage.
 Payment of E Remittance
This same procedure as to western union but in E payment write name, speak to, phone number
NIC number, subject date of NIC and end date of handset, and name of dispatcher. Then go into
and print on page. Two signatures in front page and two signature of customer back face of
document and the money paid trample on face surface. Then send to casher trample cash sum
with date and give money to customer At the end of day all report are generate and print out on
sheet.
Utility Bills Collection
“I work in the usefulness bills compilation section as the JS bank of Pakistan collect utility bills
on behalf of WAPDA sui Gas company and Pakistan telecommunication business incomplete by
put the trample on the usefulness bills receive cash stamp and date of receive and the signature of
the cash officer receiving on the utility bills. Bills are alienated into two parts one part go back to
customer and additional reserved in bank. At the end of day all bills arrange and making a
collected record on excel sheet that is called scroll. One copy reserved in file of bank for
evidence and one roll copy send to WAPADA Sui Gas and PTCL office. The bank charge charge
on the bills.JS bank charge Rs. 8 per bill collection.”
2.4 Describe details of the tasks entrusted me
Following everyday jobs allocate me. And carry out a work throughout internship plan
first day manager Mr. Taqqadis Maqbool Malik opening All Department in a Bank due to the
reason of less worker in branch there are no divide department and all particulars talk about in
every day time bench in start in internee work first sit in secretarial opening and introduction
how open and account typically assign me to physical labor due to limit by head office Karachi
not allow to use computer these are all job do throughout my internship program as following.
 Fill out online & put slips
 Opening new account opening process tell me our work only evidence in account
opening register and printout these account opening form.
 Daily filing cheque and put slips
 I was creation Scrolling of utility bills on excel piece
 Print out the confirmation NADRA for account opening
 In word clearing record and make a voucher
 Out word payment filing slips and sending to head office by NIFT
 uphold postage and stamp list
 send off a zero equilibrium letter to purchaser
 send off a Dormant/ out of action account letter to clientele
 make sure book subject to evidence
 Opening account in ledger register loan against loan
 Filling the lawful document of loan in proposal
 To uphold saving and current account register
 retirement fund payment record in register
 file check
 Filing the other charge voucher
 Western union payment
 E payment payment
 state money payment
 Maintain utility bills register
 Printing of account opening forms
 Make sum order
  Make order draft
 Maintain clearance record
 Send apply for for new check book online
 Receiving check book from NIFT and record in record
2.5 Summary of Learning
“The major reason of the inside do not only to complete the academic supplies are nor better
quality attain throughout the eight week of my internship plan also to study more request of our
meadow of learn relative in our marketplace. I well-read a lot and the real impact of learning on
my vocation social life in a group of people the preparation matter also as civilization association
and the principles of the populace their approach in the direction of the bank.
What are the skills and qualifications you think you have gained from the training?
Previous to the create of preparation in my JS Bank of Pakistan, I believe it was a
incessant to do in a bank since the student does not illustrate a real consideration sensible job. I
have educated more skill and writing are whole skill explain is more difficult task. Always some
are hidden skills that can only come known stage.”
How to expand a place to do hard work in the bank and the presentation are augment the
also whole of the age. How to show the frequently and to commitment to the bank and to
commerce with customer of staff member of bank and in difficult position we are not take a any
tension and make customer sense that they trust you and resolve the exit evils.
among the work presentation and your existence method so they message on top of all
my work and power authority and add to the skills of computer and how to work with generation
in our work life and management of our worker and timekeeping and sprint to proper time table.
And the significant I have erudite a lot of skills and dealing with hundred customers in a day and
the breath of customer with reading performance and announcement by the by of way of chatting
with us. And any worker is work done is outstanding and to how confident it.
What kind of responsibilities that you have undertaken during the training period?
The following everyday jobs assign me.
 Fill out online & deposit slip
 To open an account
 Log mail items at bank recording frequently
 Scrolling presentation
 To do the confirmation NADRA
 In word payment record and create a voucher
 Out word payment transfer
 Maintain postage and stamp list
 Check book subject
 Opening account in ledger list loan against loan
 To maintain saving and current explanation register
 Pension payment register maintained
 Filing the suggestion of credit
 Filing make sure
 Filing the other accuse voucher
 Western combination payment
 E remittance sum
 Express cash payment
 Maintain helpfulness bill list
 Printing of account opening
 Make payment order
 Make Demand draft
 Maintain clearing record
 Send ask for for new check book online
 Receiving check book from NIFT proof in index
2.6 Conclusions of the report
A Summary of key conclusions derive from the training experience.
The preparation sitting has a finished and I like the work in bank a bundle of feelings.
During the preparation session I learn the following things. First I know that the knowledge of
university is not enough to working in any organization because the knowledge of class not
apply to all in work but the training is compulsory for learning the organization work otherwise
we are not good working on the starting of any job. But soft skills are very important when we
do a job. When we going to the bank I realized that the relationship between the staff member
and the customer of the bank, if these relation are good in staff member and with customer we
get big benefit enjoyed. In short time period we are not proper knowledge gained but that are the
basic skill are learn that are more benefit for in my future life. And the bank is key role to any
success of country.
General observation about the sector JS Bank of Pakistan.
“Banking sector in Pakistan has huge facilities provided for investors and the creation of
jobs for new applicant and the provided a very colorful future. And there is not incorrect a job of
bank is difficult and to achieve the goal is hard but I observe the state respect and honor in the
society.
For increase the foreign asset to need to overcome on violence and solve the economic
crisis. Due to the best reputation of our country bank attract the foreign investors to invest in
Pakistan but due to the reason of the terrorism, foreign investor do not feel safe their investment
in Pakistan. Need of the hour is to increase the foreign countries and the domestic asset that are
play a more role in the increase of Pakistan financial system.
Reference & Sources used
 www.jsb.com.pk
 www.wikipedia.com
 www.scribd.com.
 Friend’s cooperation
 Personal Observations
 Orientation books of JS
 And customers of JS
 Annual Report of JS Bank of Pakistan 2017
 Staff Member of JS Bank MULTANroad Branch Burewala