Certificate Course in Banking and Insurance

The Guru Nanak Dev University's Faculty of Economics and Business offers Certificate Course in Banking and Insurance course to its students. The course structure for it is as follows:

Part-I
Commercial Banks : Meaning, types, functions, importance & services provided by commercial banks.

Negotiable Instruments : Meaning, features, promissory note, bills of exchange, cheque, bank draft, parties to Negotiable Instruments, Presentment of Negotiable Instruments, Endorsements & Crossing, Dishonour of Negotiable Instruments, Loans & Advances, Guarantees & Indeminities.

Part-II

Brief introduction of Life Insurance Act, 1938, Life insurance policy, Proof of age, payment of premium, Days of grace : Commencement of risk-hazardous occupation-Alteration in policy, Additional Assurance-suicide-accident benefit, lost policies, assignment nomination, lapse & revival –surrender value- paid up value- Extended term insurance, Settlement of claims.

Practical training as trainee under Development Officer of life insurance for 2 weeks.