Sbi banking

its a sbi banking project it help to motivate .......!!!!

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Acknowledgement………………………………………………………………...
Executive Summary……………………..........................................................

Chapter 1…………………………………………………………………………..
Company Profile
 Overview…………………………………………………………………...
 History……………………………………………………………………...
 Competitors…………………………………... …………………………... .
 Strength/Opportunity & weakness/Threats………………………………...
 Different Products……………………...………… .………………………
 Awards & Recognitions by SBI……….………………………………......


Chapter 2…………………………………………………………………………..
 Introduction to Advance Product...…………………………….………… …
 SBI Advance Product.……………………………………………………... ..
 Statement the Problem……………………………………………………... ..
 Research objectives…………………………………………...…………… .,,
 Significance and scope…………………………………………………….. .,,


Chapter 3………………………………………………………………………….
Research methodology


Chapter 4 ………………………………………………………………………...
Analysis of data


Chapter 5……………………………………………………………………….. ..
 Findings……………………………………………………………………
 Suggestion & Recommendation……………………………………...… …
 Conclusion…………………………………………………………………

Annexure (Questionnaire)………….……………………………………………

Bibliography………………………………………………………………….…...

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Executive Summary

This project report contains 5 different chapters. The report begins with the introduction to
company, its area of operation, its organization structure, its achievements, etc.

The second chapter is the introduction to the Advance Product which gives a brief idea
regarding ADVANCE PRODUCT of SBI MAIN BRANCH, BBSR where the project is
undertaken. It also contains the objectives and limitations of the project.

The third chapter, methodology adopted in preparing this report is mentioned. It covers the
sample procedure, types of data used and the data collection method.

The fourth chapter comprehensive coverage of forecasting concepts and techniques which
shows the analysis of data through tabulation, computation and graphical representation
of data collected from survey.

The fifth chapter deals with the findings, suggestion & conclusion part which is very much
important after analysis is made.

As we know that only analysis and conclusion is not the end of a research, so in the sixth
chapter the recommendation part is covered which are made after a depth study of the
analysis part of thesis.

In each of the five chapters as described above, every chapter has been scheduled in a
manner so as to enable the reader to appreciate the contents easily. The report is
supported by figures and data wherever necessary with a view to assist the reader in
developing a clear cut understanding of the topic.

I hope this report will be extremely useful for those it is meant. Constructive and healthy
suggestions for improvements of the report will be great fully appreciated.




Rajan Nath

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Company Profile
 Overview
 History
 Competitors
 Strength/Opportunity & Weakness/Threats
 Different Products
 Awards & Recognitions by SBI

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OVERVIEW

State Bank of India is the largest and one of the oldest commercial bank in India, in
existence for more than 200 years. The bank provides a full range of corporate,
commercial and retail banking services in India. Indian central bank namely Reserve
Bank of India (RBI) is the major share holder of the bank with 59.7% stake. The bank is
capitalized to the extent of Rs.646bn with the public holding (other than promoters) at
40.3%. SBI has the largest branch and ATM network spread across every corner of
India. The bank has a branch network of over 14,000 branches (including subsidiaries).
Apart from Indian network it also has a network of 73 overseas offices in 30 countries in
all time zones, correspondent relationship with 520 International banks in 123 countries.
In recent past, SBI has acquired banks in Mauritius, Kenya and Indonesia. The bank
had total staff strength of 198,774 as on 31st March, 2006. Of this, 29.51% are officers,
45.19% clerical staff and the remaining 25.30% were sub-staff. The bank is listed on the
Bombay Stock Exchange, National Stock Exchange, Kolkata Stock Exchange, Chennai
Stock Exchange and Ahmedabad Stock Exchange while its GDRs are listed on the
London Stock Exchange. SBI group accounts for around 25% of the total business of
the banking industry while it accounts for 35% of the total foreign exchange in India.
With this type of strong base, SBI has displayed a continued performance in the last few
years in scaling up its efficiency levels. Net Interest Income of the bank has witnessed a
CAGR of 13.3% during the last five years. During the same period, net interest margin
(NIM) of the bank has gone up from as low as 2.9% in FY02 to 3.40% in FY06 and
currently is at 3.32%.


 Management

The bank has 14 directors on the Board and is responsible for the management of the
Bank’s business. The board in addition to monitoring corporate performance also
carries out functions such as approving the business plan, reviewing and approving the
annual budgets and borrowing limits and fixing exposure limits. Mr. O. P. Bhatt is the
Chairman of the bank. The five-year term of Mr. Bhatt will expire in March 2011. Prior to
this appointment, Mr. Bhatt was Managing Director at State Bank of Travancore. Mr.
Bhatt has more than 30 years of experience in the Indian banking industry and is seen
as futuristic leader in his approach towards technology and customer service. Mr. Bhatt
has had the best of foreign exposure in SBI. We believe that the appointment of Mr.
Bhatt would be a key to SBI’s future growth momentum. Mr. T S Bhattacharya is the
Managing Director of the bank and known for his vast experience in the banking
industry. Recently, the senior management of the bank has been broadened
considerably. The positions of CFO and the head of treasury have been segregated,
and new heads for rural banking and for corporate development and new business
banking have been appointed. The management’s thrust on growth of the bank in terms
of network and size would also ensure encouraging prospects in time to come.

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 Shareholding & Liquidity

Reserve Bank of India is the largest shareholder in the bank with 59.7% stake followed
by overseas investors including GDRs with 19.78% stake as on September 06. Indian
financial institutions held 12.3% while Indian public held just 8.2% of the stock. RBI is
the monetary authority and having majority shareholding reflects conflict of interest.
Now the government is rectifying the above error by transferring RBI’s holding to itself.
Post this, SBI will have a further headroom to dilute the GOI’s stake from 59.7% to
51.0%, which will further improve its CAR and Tier I ratio.



 Key Areas of Operations

The business operations of SBI can be broadly classified into the key income generating areas
such as National Banking, International Banking, Corporate Banking, & Treasury operations.

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HISTORY

The origin of the State Bank of India goes back to the first decade of the nineteenth
century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806.
Three years later the bank received its charter and was re-designed as the Bank of
Bengal (2 January 1809). A unique institution, it was the first joint-stock bank of British
India sponsored by the Government of Bengal. The Bank of Bombay (15 April 1840)
and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks
remained at the apex of modern banking in India till their amalgamation as the Imperial
Bank of India on 27 January 1921.
Primarily Anglo-Indian creations, the three presidency banks came into existence either
as a result of the compulsions of imperial finance or by the felt needs of local European
commerce and were not imposed from outside in an arbitrary manner to modernise
India's economy. Their evolution was, however, shaped by ideas culled from similar
developments in Europe and England, and was influenced by changes occurring in the
structure of both the local trading environment and those in the relations of the Indian
economy to the economy of Europe and the global economic framework.
The three banks were governed by royal charters, which were revised from time to time.
Each charter provided for a share capital, four-fifth of which were privately subscribed
and the rest owned by the provincial government. The members of the board of
directors, which managed the affairs of each bank, were mostly proprietary directors
representing the large European managing agency houses in India. The rest were
government nominees, invariably civil servants, one of whom was elected as the
president of the board.


Group Photograph of Central Board (1921)

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 Business
The business of the banks was initially confined to discounting of bills of exchange or
other negotiable private securities, keeping cash accounts and receiving deposits and
issuing and circulating cash notes. Loans were restricted to Rs.one Lakh and the period
of accommodation confined to three months only. The security for such loans was
public securities, commonly called Company's Paper, bullion, treasure, plate, jewels, or
goods 'not of a perishable nature' and no interest could be charged beyond a rate of
twelve per cent. Loans against goods like opium, indigo, salt woolens, cotton, cotton
piece goods, mule twist and silk goods were also granted but such finance by way of
cash credits gained momentum only from the third decade of the nineteenth century. All
commodities, including tea, sugar and jute, which began to be financed later, were
either pledged or hypothecated to the bank. Demand promissory notes were signed by
the borrower in favor of the guarantor, which was in turn endorsed to the bank. Lending
against shares of the banks or on the mortgage of houses, land or other real property
was, however, forbidden. Indians were the principal borrowers against deposit of
Company's paper, while the business of discounts on private as well as salary bills was
almost the exclusive monopoly of individuals Europeans and their partnership firms. But
the main function of the three banks, as far as the government was concerned, was to
help the latter raise loans from time to time and also provide a degree of stability to the
prices of government securities.
 First Five Year Plan
In 1951, when the First Five Year Plan was launched, the development of rural India
was given the highest priority. The commercial banks of the country including the
Imperial Bank of India had till then confined their operations to the urban sector and
were not equipped to respond to the emergent needs of economic regeneration of the
rural areas. In order, therefore, to serve the economy in general and the rural sector in
particular, the All India Rural Credit Survey Committee recommended the creation of a
state-partnered and state-sponsored bank by taking over the Imperial Bank of India, and
integrating with it, the former state-owned or state-associate banks. An act was
accordingly passed in Parliament in May 1955 and the State Bank of India was
constituted on 1 July 1955. More than a quarter of the resources of the Indian banking
system thus passed under the direct control of the State. Later, the State Bank of India
(Subsidiary Banks) Act was passed in 1959, enabling the State Bank of India to take
over eight former State-associated banks as its subsidiaries (later named Associates).
The State Bank of India was thus born with a new sense of social purpose aided by the
480 offices comprising branches, sub offices and three Local Head Offices inherited
from the Imperial Bank. The concept of banking as mere repositories of the community's
savings and lenders to creditworthy parties was soon to give way to the concept of
purposeful banking sub serving the growing and diversified financial needs of planned
economic development. The State Bank of India was destined to act as the pacesetter
in this respect and lead the Indian banking system into the exciting field of national
development.

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COMPETITORS


Competitors and other players in the field:-

1. Top Performing Public Sector Banks
1. Andhra Bank
2. Allahabad Bank
3. Punjab National Bank
4. Dena Bank
5. Vijaya Bank
2. Top Performing Private Sector Banks
1. HDFC Bank
2. ICICI Bank
3. AXIS Bank
4. Kotak Mahindra Bank
5. Centurion Bank of Punjab

 Top Performing Foreign Banks
1. Citibank
2. Standard Chartered
3. HSBC Bank
4. ABN AMRO Bank
5. American Express

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: Strength/ Opportunities :

The growth for SBI in the coming years is likely to be fuelled by the following factors:

 Continued effort to increase low cost deposit would ensure improvement in NIMs
and hence earnings.

 Growing retail & SMEs thrust would lead to higher business growth.

 Strong economic growth would generate higher demand for funds pursuant to
higher corporate demand for credit on account of capacity expansion.




: Weakness/ Threats :

The risks that could ensue to SBI in time to come are as under:

 SBI is currently operating at a lowest CAR. Insufficient capital may restrict the
growth prospects of the bank going forward.

 Stiff competition, especially in the retail segment, could impact retail growth of SBI
and hence slowdown in earnings growth.

 Contribution of retail credit to total bank credit stood at 26%. Significant thrust on
growing retail book poses higher credit risk to the bank.

 Delay in technology up gradation could result in loss of market shares.

 Management indicated a likely pension shortfall on account of AS-15 to be close to
Rs50bn.

 Slow down in domestic economy would pose a concern over credit off-take thereby
impacting earnings growth.

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: DIFFERENT PRODUCTS OF SBI :
DEPOSIT LOANS CARDS DIFFERENT CREDIT
CARDS
 Savings
Account
 Home
Loans
 Consumer
Cards
 SBI International
cards
 Life Plus
Senior Citizens
Savings
Account
 Loan
Against
Property
 Credit Card  SBI Gold cards
 Fixed
Deposits
 Personal
Loans
 Travel Card  SBI Gold Master
cards
 Security
Deposits
 Car Loan  Debit Cards  Your City Your
Cards

 Recurring
Deposits
 Loans
against
Securities
 Commercial
Cards
 Tax-Saver
Fixed Deposit
 Two
Wheeler
 Corporate
Cards
 Partnership Cards
 Salary Account  Pre-
approved
Loans
 Prepaid Card
 Advantage
Woman
Savings
Account
 Retail Asset  Purchase Card  SBI Employee
Cards
 Rural Savings
Account
 Farmer
Finance
 Distribution
Cards
 People's
Savings
Account
 Business
Installment
Loans
 Business Card  SBI Advantage
Cards
 Freedom
Savings
Account
 Flexi Cash  Merchant
Services

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 Introduction to Advance Product
 SBI Advance Product
 Statement the Problem
 Research objectives
 Significance and scope

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: Introduction to Advance Product :

Now a day not all the people have the capacity to fulfill their requirement by their
own earning, that’s why they need help from others. For this so many government &
private sector bank provide them money to fulfill their requirement, that’s call the
Advance Product (loan product) of the bank. All the banks have so many different
types of advance product as per the requirement of the people or customers. In
Bhubaneswar also there are so many banks those provide loan to the people for
different causes.





Types of Advance Product

 Home Loan
 Educational Loan
 Car Loan
 Personal Loan
 Property Loan
 Loan Against Shares\Debentures
 Etc.


Now a day a large no. of people are taking loan form different banks. It helps people
to fulfill their need and it really easy to repayment the loan amount with a longer
repayment period.

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: SBI Advance Product :

SBI Home Loans :
 Purpose
1. Purchase/ Construction of House/ Flat

2. Purchase of a plot of land for construction of House

3. Extension/ repair/ renovation/ alteration of an existing House/ Flat

4. Purchase of Furnishings and Consumer Durables as a part of the project cost

5. Takeover of an existing loan from other Banks/ Housing Finance Companies.


 Eligibility
1. Minimum age 18 years as on the date of sanction

2. Maximum age limit for a Home Loan borrower is fixed at 70 years, i.e. the
age by which the loan should be fully repaid.

Availability of sufficient, regular and continuous source of income for servicing
the loan repayment.

 Loan Amount
40 to 60 times of NMI, depending on repayment capacity as % of NMI as under –

Net Annual Income EMI/NMI Ratio
Upto Rs.2 lacs 40%
Above Rs.2 lac to Rs. 5 lacs 50%
Above Rs. 5 lacs 55%

To enhance loan eligibility you have option to add:

1. Income of your spouse/ your son/ daughter living with you, provided they have a
steady income and his/ her salary account is maintained with SBI.
2. Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is
proposed to be rented out.
3. Depreciation, subject to some conditions.
4. Regular income from all sources

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Margin (Special Festival Season Offer)

 Purchase/ Construction of a new House/ Flat/ Plot of land: 15% for loans up to
Rs. 1 cr., 20% for loans above Rs. 1 cr.
 Repairs/ Renovation of an existing House/ Flat: 15%

Interest Rates w.e.f 27.2.2008

Floating interest rates
(linked to State Bank Advance Rate - SBAR)

(SBAR: 12.25% p.a.)

Loan
Tenor ->
Upto 5 years
Above 5 years
and upto 15 years
Above 15 years and
upto 25 years
Upto Rs.30
Lacs
2.25% below
SBAR, 10.00% p.a.
2.00% below
SBAR, 10.25% p.a.
1.75% below
SBAR, 10.50% p.a.
Above
Rs.30 Lacs
2.00% below
SBAR, 10.25% p.a.
1.75% below
SBAR, 10.50% p.a.
1.50% below
SBAR, 10.75% p.a.

Fixed interest rates

Tenure Rate of Interest
(p.a.)*Upto 10 years 12.75%


* Fixed rate loans will be subject to: 'force maejure' clause and interest reset at the end
of every two years on the basis of fixed interest rates prevailing then.



CAR LOAN:
 Purpose
You can take finance for:
A new car, jeep or Multi Utility Vehicles (MUVs)

A used car / jeep (not more than 5 years old). (Any make or model).

Take over of existing loan from other Bank/Financial institution (Conditions apply)

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 Eligibility
To avail an SBI Car Loan, you should be :
 Individual between the age of 21-65 years of age.
 A Permanent employee of State / Central Government, Public Sector
Undertaking, Private company or a reputed establishment or
 A Professionals or self-employed individual who is an income tax assessee or
 A Person engaged in agriculture and allied activities.
 Net Annual Income Rs. 100,000/- and above.
Salient Features

Loan Amount

There is no upper limit for the amount of a car loan. A maximum loan amount of 2.5
times the net annual income can be sanctioned. If married, your spouse's income could
also be considered provided the spouse becomes a co-borrower in the loan. The loan
amount includes finance for one-time road tax, registration and insurance! No ceiling on
the loan amount for new cars. Loan amount for used car is subject to a maximum limit
of Rs. 15 lacs.
 Type of Loan
1. Term Loan
2. Overdraft - a) For New vehicles only
b) Minimum loan amount: Rs. 3 lacs.
 Documents required
You would need to submit the following documents along with the completed application
form if you are an existing SBI account holder:
1. Statement of Bank account of the borrower for last 12 months.
2. 2 passport size photographs of borrower(s).
3. Signature identification from bankers of borrower(s).
4. A copy of passport /voters ID card/PAN card.
5. Proof of residence.
6. Latest salary-slip showing all deductions
7. I.T. Returns/Form 16: 2 years for salaried employees and 3 years for
professional/self-employed/businessmen duly accepted by the ITO wherever
applicable to be submitted.
8. Proof of official address for non-salaried individuals.
If you are not an account holder with SBI you would also need to furnish documents that
establish your identity and give proof of residence.

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 Margin
New / Used vehicles: 15% of the on the road price.

 Repayment
You enjoy the longest repayment period in the industry with us.
Repayment period:
For Salaried: Maximum of 84 months
For Self-employed & Professionals: Maximum 60 months

Repayment period for used vehicles :Up to 84 months from the date of original
purchase of the vehicle (subject to maximum tenure as above).

 Prepayment Penalty:
Prepayment fee of 2% of the amount of the loan prepaid will be levied subject to certain
conditions
 FLOATING RATES:
A. for Term Loans
1. New Vehicles (Term Loan) Floating only W.E.F. February 27, 2008
Repayment Period All Centers (SBAR - 12.25%)
Upto 3 years (for loans Rs. 7.5 lac & above) 0.75% below SBAR i.e. 11.50% p.a.
Upto 3 years (for loans below Rs. 7.5 lac) 0.50% below SBAR i.e. 11.75%p.a.
Above 3 yrs up to 5 yrs (for all loans) 0.50% below SBAR i.e. 11.75% p.a.
Above 5 yrs up to 7 yrs (for all loans) 0.25% below SBAR i.e. 12.00% p.a.

2. Used Vehicles: Floating only W.E.F. February 27, 2008
Repayment Period All Centers (SBAR-12.25%)
Upto 3 years 3.00% above SBAR i.e. 15.25% p.a.
Above 3 yrs up to 7 yrs 3.25% above SBAR i.e. 15.50% p.a.

3. For Overdrafts: For New Vehicles only W.E.F. February 27, 2008
Repayment Period All Centres (SBAR 12.25%)
Upto 3 years (for loans Rs. 7.5 lac & above) 0.25% below SBAR i.e. 12.00% p.a.
Upto 3 years (for loans below Rs. 7.5 lac) At SBAR i.e. 12.25% p.a.
Above 3 yrs up to 5 yrs (for all loans) At SBAR i.e. 12.25% p.a.
Above 5 yrs up to 7 yrs (for all loans) 0.25% above SBAR i.e. 12.50% p.a.

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 EDUCATION LOAN:
A term loan granted to Indian Nationals for pursuing higher education in India or abroad
where admission has been secured.

 Eligible Courses
All courses having employment prospects are eligible.
1. Graduation courses/ Post graduation courses/ Professional courses
2. Other courses approved by UGC/Government/AICTE etc.
 Expenses considered for loan
1. Fees payable to college/school/hostel
2. Examination/Library/Laboratory fees
3. Purchase of Books/Equipment/Instruments/Uniforms
4. Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tution
fees for the entire course)
5. Travel Expenses/Passage money for studies abroad
6. Purchase of computers considered necessary for completion of course
7. Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.
 Amount of Loan
1. For studies in India, maximum Rs. 10 lacs
2. Studies abroad, maximum Rs. 20 lacs
 Interest Rates
(with effect from 1st June 2008)
For loans up to Rs.4 lacs - 11.75 % p.a. Floating
For loans above Rs. 4 lacs and upto Rs.7.50 lacs - 13.25 % Floating
For loans above Rs.7.50 lacs - 12.25% p.a. Floating

 Repayment Tenure
Repayment will commence one year after completion of course or 6 months after
securing a job, whichever is earlier.
Place of Study Loan Amount Repayment in
Period
Years

Studies in India Rs. 10.0 lacs 5-7
Studies Abroad

Rs. 20.0 lacs

5-7

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 Security

Amount


For loans upto Rs. 10.00 lacs for Studies in
India and upto Rs. 20.00 lacs for studies
abroad

Upto Rs. 4 lacs

No Security

Above Rs. 4 lacs to Rs. 7.50
l
a
c
s


Collateral security in the form of suitable third
party
Guarantee. The bank may, at its discretion, in
exceptional cases, weive third party guarantee if
satisfied with the net-worth/means of parent/s who
would be executing the documents as "joint
borrower"
Above Rs. 7.50 lacs.


Tangible collateral security of suitable value,
along
with the assignment of future income of the
student
For payment of installments.

All loans should be secured by parent(s)/guardian of the student borrower. In
case of married person, co-obligator can be either spouse or the parent(s)/
parents-in-law

Margin
 For loans up to Rs.4.0 lacs : No Margin
 For loans above Rs.4.0 lacs:
o Studies in India: 5%
o Studies Abroad: 15%
Documentation Required
 Completed Education Loan Application Form.
 Mark sheets of last qualifying examination
 Proof of admission scholarship, studentship etc
 Schedule of expenses for the specified course
 2 passport size photographs
 Borrower's Bank account statement for the last six months

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STATEMENT OF PROBLEM
 SBI Main Branch, Bhubaneswar want to know about the customer perception
about the advance product provide by them to the people.
 To find out what kind of service provide by the competitors in advance product.
 To find out the need of the customer and hence formulate the strategy to level the
economy in the society.
 How the products are helping the customer.
 To know the utility of the product.
 To find out the need of the customer in Bhubaneswar region and introduce new
product or facilitate new service in existing product.

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RESEARCH OBJECTIVES
Summer Internship Project gives a practical exposure and helps in acquiring the on
road skills.

 First and foremost objective is to find out the reasons for using of Advance
Product from SBI.
 To find out the services that other bank given to their customer.
 To generate the leads through the survey.

 To sort out the prospective leads from the data I have collected through the
survey.

 To build the relationship with the customers and to follow up them, make sure
that they are satisfied with the product.

 To maintain good relationship with the corporate employees.

 To get more references from the customers and generate new leads by following
a chain process.

 To place SBI Advance Product ahead of the competitors.

 To find out the customer awareness on booming Advance Product market and to
find out the using patterns of the people

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 To make the customer aware of the benefits of the product and convince him to
go for SBI Advance Product.





SIGNIFICANCE AND SCOPE


The geographical scope of the study is restricted to Bhubaneswar only
with sample size of 2000 people.

All the analysis and suggestions are based on the analysis of the both
primary and secondary data.

Therefore the scope of the study revolves around the following aspects:-

 Consumer perception towards Advance Product
 Consumer awareness about Advance Product scheme and its
benefit.
 Aware the Bank about the customer problems, especially in case of
automobile sector.

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 Research methodology













RESEARCH METHODOLOGY
Research methodology is a methodology for collecting all sorts of information & data
pertaining to the subject in question. The objective is to examine all the issues involved
& conduct situational analysis. The methodology includes the overall research design,
sampling procedure & fieldwork done & finally the analysis procedure. The
methodology used in the study consistent of sample survey using both primary &
secondary data. The primary data has been collected with the help of questionnaire as
well as personal observation book, magazine; journals have been referred for
secondary data. The questionnaire has been drafted & presented by the researcher
himself.

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 Sample Size:

Sample of 2000 people was taken into study, and their data was collected

 Sampling Technique:

To study the Project, a Simple Random Sampling technique is used.

 Data Collection:

Collection of data is done by
Secondary Data & through
 Questionnaire
i.e., Primary data was collected through Questionnaire.










 Data Analysis:

After data collection, I’m able to analyze customer’s views, ideas and opinions
related to Advance Product and about SBI Advance Product and from this,
SBI will come to know the customer requirements.

 Data Interpretation:

 Interpretation of data is done by using statistical tools like Pie
diagrams, Bar graphs, and also using quantitative techniques (by
using these techniques) accurate information is obtained.

 Classification & tabulation of data:

 The data thus collected were classified according to the categories,
counting sheets & the summary tables were prepared. The resultant
tables were one dimensional, two dimensional.

 Statistical tools used for analysis:

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 Out of the total respondents, the respondents who responded
logically were taken into account while going into statistical details &
analysis of data. The tools that have been used for analyzing data &
inference drawing are mainly statistical tools like percentage,
ranking, averages, etc.
As per questionnaire and market surveys I have find out different responses from
different people. According to their responses I analyze the findings and draw certain
remarks.

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 Analysis of data











GRAPHICAL REPRESENTATION
OF DATA



Q1. On which bank you depend for your regular transaction?

( ) No. of People

SBI 60 % (1200)
ICICI 33 % (660)
HDFC 5% (100)
OTHER 2% (40)
TOTAL NO. OF PEOPLE 2000

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It has been observed that approximately 60% correspondents are using the service of SBI for
their daily transaction, around 33% of people are using ICICI Bank for their transaction and only
5% & 2% of people are using HDFC & other Bank service respectively in Bhubaneswar. It also
shows that SBI have the highest market position in Bhubaneswar as per my sample.













Q2. Are you aware of products & services provided by SBI?

YES

85% (1700)
NO 15% (300)
Total No. of People 2000
60%
33%
5%2%
RESPONSES OF PEOPLE IN %
SBI
ICICI
HDFC
OTHER

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From the above data it is clear that most of the customers (around 85%) of Bhubaneswar have
the idea about the product & services of SBI, the rest 15% have the idea about the product
they are using. In this 15% most of the people are from typical rural area (Farmers).










Q3. If yes are you aware of the advance products (Loan segments) of SBI?


YES 95%(1900)
NO 5% (100)
TOTAL NO. OF PEOPLE 2000

YES
85%
NO
15%

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It is clear that most of the people have the idea about the advance product of SBI. Almost all
the 95% people who have the idea about the advance product are the user of SBI product &
service.






Q4. Which bank you prefer for taking loans?



SBI
85% (1800)

ICICI 7% (140)
HDFC 2% (40)

95%
5%
% OF PEOPLE
YES
NO

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OTHER 1% (20)
TOTAL NO. OF PEOPLE 2000





According to my sample size 85% of people prefer SBI for loan product, but some people prefer
ICICI, HDFC or OTHER Bank for loan because they are working with that bank & it is easier for
them to get loan from their bank & it easier for them to pay the interest because it is less as
compare to other bank because they are the employee of that bank.







Q5. If you prefer SBI for taking loan than what influence you to take Loan from SBI?

Most of the people said that they prefer SBI for taking loan because of the transparency and the
lowest interest rate for any kind of loan product. And it is easy to get loan from SBI as compare
to other bank because less paper work is require and as it is the largest govt. bank in India and
having partnership with RBI (Reserve Bank of India) and other association, it is easier for SBI to
give loan to people with a longer repayment period.



85%
12%
2%1%
Sales
SBI
ICICI
HDFC
OTHER

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Q.6 Which loan product of SBI you have used?

HOME LOAN 47% (846)
EDUCATIONAL LOAN 20% (360)
CAR LOAN 15% (270)
PERSONAL LOAN 10% (180)
OTHER 8% (144)
TOTAL NO. OF PEOPLE 1800




From the sample size 85% of people are using the SBI loan product. From the 1800 people
47% of people took home loan from SBI. 20% of people took education loan for their children,
15% of people took car loan from SBI. Some of the customer took 2 type of loan from SBI like
both car & educational loan and home & car loan. 10% of people took personal loan.




Q7. What do you feel about the services providing by SBI in advance product?


Bad 0% (0)
Satisfactory

2% (40)
Good

55% (1100)
47%
20%
15%
10%
8%
Sales
HOME LOAN
EDUCATIONAL LOAN
CAR LOAN
PERSONAL LOAN
OTHER

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Excellent

43% (860)
TOTAL NO. OF PEOPLE

2000




From this it is clear that the service provide by SBI in its advance product is good in between
the customer. All of them satisfy with the product provide by SBI. 55% of people said that the
service provide by SBI is good & 43% said it is excellent & just 2% of people said that it is
satisfactory.






Q8. Which features you like most in Loan segments of SBI?

LESS PAPER WORK 3% (60)
ATTRACTIVE INTEREST RATE 35% (700)
TRANSPARENCY 20% (400)
SIMPLE AND FAST PROCESSING 2% (40)
0%2%
55%
43%
CUSTOMER PERCEPTION TOWARDS THE SERVICE PROVIDE
BY SBI IN ADVANCE PRODUCT
BAD
SATISFACTORY
GOOD
EXCELLENT

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LONGER REPAYMENT PERIOD 40% (800)
TOTAL NO. OF PEOPLE 2000



Most of the people like the attractive interest rate & longer repayment period. It’s easier for
people to repay the whole loan amount with its interest with low interest rate and with longer
repayment period.






0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
LESS PAPER WORK ATTRACTIVE
INTEREST RATE
TRANSPARENCY SIMPLE & FAST
PROCESSING
LONGER
REPAYMENT
PERIOD
FEATURES LIKE BY CUSTOMER

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 Findings
 Suggestion & Recommendation
 Conclusion











Project Findings:

 From this project it is found that SBI advance product having the 1
st
place in the
market at Bhubaneswar, there is a great opportunity to compete with ICICI Bank & to
retain its customer by fulfilling the requirement of customer in SBI advance product.
 It has been observed that approximately 85% correspondents are using advance
product of SBI and 15% are not using any type of advance product of SBI in
Bhubaneswar.

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 All of SBI customers are satisfied with the services provided by the bank.
 Many of these customers satisfied with the low interest rate and longer repayment
period of the advance product.
 Most of the customers at Bhubaneswar prefer to take loan from SBI.
 Approximately 43% of advance product users said that the service of SBI in advance
product is excellent.
 A response from customer care is so clear & good.
 Many customers have no time to call customer care so that they are not able to know
about the service & features of SBI advance product.
 Most customers are shifted from other bank’s advance product to SBI because of
hidden charges, high interest rate, less repayment period.
 Government employees are more concern than private employees for advance
product.


REASONS FOR HIGHLY USE OF SBI ADVANCE PRODUCT :

 LESS PAPER WORK
 ATTRACTIVE INTEREST RATES
 TRANSPARENCY
 SIMPLE & FAST PROCESSING
 LONGER REPAYMENT PERIOD
 QUICK PROCESSING



Suggestion & Recommendation

Recommendation:

 Customer awareness program is required so that more people should attract towards
advance product.
 If there are any kind of hidden charges than that must disclose to customer before
giving loan to them.

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 SBI must take some steps so that customers can get their loan in time. Like phone
verification by customer care that one customer is got their loan on time or not .It
must be before a certain date so necessary steps can be taken.
 SBI should more concern about physical verification rather than phone verification so
it will avoid fraud or cheating.
 Advance product selling agents must not give any type of wrong information
regarding advance product.
 For the better service new offers would be require.
 SBI customer care should more concern about the fastest settlement of customer
problems.
 Before deducting or charging any monetary charge SBI must consult with customer.
 Agents should be trained, well educated & proper trained to convince the people
about different advance product.
 It is the duty of the bank to disclose all the material facts regarding advance product,
like interest charged, repayment period, other types of charges, etc.
 Special scheme should be implemented to encourage both customer and agents.
 The bank should increase the period for repayment of loan.
 SBI should more focus on Retaining existing customers.
 SBI must focus on Segmentation based on customer knowledge Product offering
based on customer demand.
 SBI must take feedbacks of customers regarding features & services.

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Suggestions given by the
consumers at the time of survey:



 There is more time period for repayment of education loan.
( Namrata Das )
 Education loan should be providing to private college also which is not under AICTE
or any kind of University.
( Pinaki Bal )
 SBI should take steps to solve customer problems immediately.
( Gopinath Mahapatra )
 Agents should be trained, well educated & proper trained to convince the people
about different advance product.
(P.Anish Nath)
 Loan sanction date should be according to customer convenient.
(Joytirmaya Behera)
 A customer awareness programme should be taking place in rural area.

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CONCLUSION

From the analysis part it can be conclude that customers have a good respond towards
SBI advance products in Bhubaneswar. SBI is in 1
st
position having large number of
customers & providing good services to them. The bank has a wide customer base, so
the bank should concentrate on this to retain these customers.

In present scenario SBI is the largest advance product issuer in India. Within a very
short period of time the achievement made by SBI is excellent, what a normal bank
cannot expect, but it is being done by SBI. It happens due to employee dedication
towards the organization, fastest growing Indian economy, & brand image.

To be the largest advance product issuer, SBI should focus on-

 Launch Innovative product
 Customized advance products
 Better customer services
 Fastest customers problem solving techniques
 Customer retention
Apart from all the above, SBI believe in providing good customer services to their customers
which is a key factor for success in future.

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QUESTIONNAIRE

Name - _____________________________________

Occupation-__________________________________

Contact Detail -_______________________________


Q. On which bank you depend for your regular transaction?
a) SBI
b) ICICI Bank
c) HDFC Bank
d) Other Bank, Specify (_____________)


Q. Are you aware of products & services provided by SBI?
a) YES
b) NO


Q. If yes are you aware of the advance products (Loan segments) of SBI?
a) YES
b) NO


Q. Which bank you prefer for taking loans?
a) SBI
b) ICICI Bank
c) HDFC Bank
d) Other Bank, Specify (_____________)


Q. If you prefer SBI for taking loan than what influence you to take Loan from SBI?
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
__________________________________________________.

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Q. Which loan product of SBI you have used?
a) Home Loan
b) Education Loan
c) Car Loan
d) Personal Loan
e) Other Loans, Specify ( ______________ )

Q. What do you feel about the services providing by SBI in advance product?
a) Bad
b) Satisfactory
c) Good
d) Excellent

Q. Which features you like most in Loan segments of SBI?
a) Less paper work
b) Attractive interest rate
c) Transparency
d) Simple & fast processing
e) Flexibility to choose an EMI base loan or an overdraft
f) Longer tenure lone for ease of repayment
g) Specially design product for self employed
h) Any other feature, specify ( _____________ )


Q. Any suggestion you want to give for the betterment of SBI advance product.

_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
________________________________________________________.

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BIBLIOGRAPHY



: INTERNET :
 www.google.co.in
 www.sbi.com
 www.sbi.co.in
 www.bnet.com