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Acknowledgement

The document acknowledges Allah for giving the strength to complete the internship. It thanks parents for their support. It expresses gratitude to the advisor and co-advisors for their guidance during the internship. The preface explains that the 8-week internship, though short, provided exposure to Bank of Punjab's complex operations. It notes the bank's importance in Pakistan's banking sector and economy. The report aims to guide readers' understanding of banking systems and Bank of Punjab specifically.

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Sameer Ali
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0% found this document useful (0 votes)
68 views

Acknowledgement

The document acknowledges Allah for giving the strength to complete the internship. It thanks parents for their support. It expresses gratitude to the advisor and co-advisors for their guidance during the internship. The preface explains that the 8-week internship, though short, provided exposure to Bank of Punjab's complex operations. It notes the bank's importance in Pakistan's banking sector and economy. The report aims to guide readers' understanding of banking systems and Bank of Punjab specifically.

Uploaded by

Sameer Ali
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Acknowledgement

All gratitude and thanks to almighty “ALLAH” the gracious, the most merciful and
beneficent who gave me courage to undertake and complete this task. I am very much obliged
to my ever caring and loving parents whose prayers have enabled to reach this stage.
I am grateful to almighty ALLAH who made me able to complete the work presented in
this report. It is due to HIS unending mercy that this work moved towards success.
I am highly indebted to my advisor Mr. Shams ur Rahman for providing me an
opportunity to learn about the Banking system of “Bank of Punjab" which is vital ingredient
of BBA program. I am very great full to my co-advisor Mr. Muhammad Ibrahim and Fazal
Manan for providing me guideline for the completion of this report.
I feel great pride and pleasure on the accomplishment of this report.

 
  Wajid Ali

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Preface

Banking sector owes a pivotal importance in the economy of any country through its
vibrant functions. This is the deep seated motivator that geared up me to join any bank for
internship. Moreover, the practice and familiarity learned during this tenure would also attest
very helpful and alleviating in the awaiting proficient life.

This report is an upshot of my eight weeks internship in Bank of Punjab, university road
Peshawar – Pakistan. Bank of Punjab posses an imperative importance in the banking sector
of Pakistan. It always remains the center of hustles in business activities. It always endows
with great covenant of rally round in terms of funds and services at all epochs of its
dynamism.

Although, a derisory period of eight weeks is not enough to learn the complex operations
of Bank of Punjab yet I made industrious efforts to converse them comprehensively in this
report. Particularly, I have remunerated more accents on study of distinguishing features and
services of Bank of Punjab. I have made maximum venture to elaborate this report with the
material read, listened and observed.

I have strong belief that this report will guide and ease the readers to understand the
operations of banking system and more prominently have good knowledge about Bank of
Punjab, one of the most trusty and leading banks in Pakistan.

Dear readers, I hope that you will appreciate my report and sense that reading my report
is not like to waste the time in any respect.

   Wajid Ali

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Executive summary

I have done my internship at The Bank of Punjab, university road Branch Peshawar.
There are four departments in the branch, and I worked as an assistant in that branch. For the
first two weeks I worked in deposit department under the supervision of Aurengzeb, where I
have to perform following tasks:
• Entering information in KYC (know your customer) forms.
• Scanning and arranging specimen signature cards.
• Inform customer of essential conditions under which the account will be operated.

Afterwards I have learnt about vouchers, checking of vouchers is essential to confirm that
correct calculation has been done. Vouchers are properly bind sealed, and checking by the
manager. I have checked the following things:
• The check should not be post-dated/anti-dated.
• Amount in words and figures tallies.
• Cash paid stamps (with dates) are duly affixed in case of cash cheques and in case of
clearing stamps is affixed.
• Cutting/over writings are duly authenticated by the account holder, etc

Then another task for me was “issuing of cheques books”. It is one of the most interesting
works that I have learnt in the bank. Cheques books should be issued only after all the
formalities of the account opening forms, which have been checked by the branch manager.
Maintaining Dispatch register and Inward Mailing register was also included in duties
assigned to me. I also used to help different employees in their work.
My work timings were from 9am to 5pm, five days in a week.
1.2 Objectives of Studying the Organization
1.2 Objectives of Studying the Organization

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