Here, the "P" essentially stands for "Personal". Hence, we could say personal segment banking means the banking division which relates to customers of the banks who are individuals i.e. natural persons (not artificial persons like a Company).
P Segment Cash Deposit is the deposit of money, by an individual bank account holder, made to his account at any of the branches of the bank or through ATMs. The deposits can also be made by other parties to his account.
P Segment Debit Cards are the debit cards issued to the individual account holders (not the corporate account holders) of a bank. These debit cards are used to withdraw money at bank ATMs and also for making payment for shopping purposes.
P Segment Customers are generally given option to open any one of the following two types of savings bank account, either (1) bank account with cheque book facility or (2) ordinary bank account.
A bank account with checking or cheque book facility generally requires the customers to maintain a certain level of minimum balance in their accounts, failing of which, charges are levied. Whereas an ordinary bank account does not require any minimum balance restriction.
Now-a-days, bankers are providing net banking facility and many other additional facilities in addition to cheque facility for ease in making payments / transferring money / making deposits, etc.