Concurrent bank audit
madhu khatwani (dhamtari) (33 Points)
29 December 2016
What items are to be checked in Concurrent audit of a Bank?
3 Replies
ankita gandhi
(student)
(5908 Points)
Replied 29 December 2016
1. Documentation of Savings and current account
2. Documentation of Term loan, personal loan, hypothecation, home loan, cc, etc
3. Processing charges on renewal or opening of abobe accounts
4. Locker rent, deposit there on
5. Cash limits of branch, ATM
6. Insurance policies of all loans if hypothicated,
7. Insurance policies of cash in transit, etc
8. Overdue, NPA, accounts
performance of loan account
9. Dormat account.
It's big list. And it's coverage depends on appointment letter. These are basic points.
2. Documentation of Term loan, personal loan, hypothecation, home loan, cc, etc
3. Processing charges on renewal or opening of abobe accounts
4. Locker rent, deposit there on
5. Cash limits of branch, ATM
6. Insurance policies of all loans if hypothicated,
7. Insurance policies of cash in transit, etc
8. Overdue, NPA, accounts
performance of loan account
9. Dormat account.
It's big list. And it's coverage depends on appointment letter. These are basic points.
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