PROJECT REPORT ON ANALYSIS OF BANK LOAN SCHEMES

HOME LOANS PROCESSING FEES

File Charge Fees on Loan Amount	BOP	PNB	OBC	UCO	HDFC	ICICI
	1500/-	1500/-	NIL	NIL	1500/-	1500/-
	0.40%	0.60%	Nil	Nil	0.50%	0.50%

PRE-PAYMENT PENALTY

Penalty	BOP	PNB	OBC	UCO	HDFC	ICICI
	Nil	2%	2%	Nil	3%	2%

RATE OF INTEREST ON PERSONAL LOANS IN PANIPAT BY DIFFERENT BANKS

Rate of Interest	BOP	PNB	OBC	UCO	HDFC	ICICI
	10.50%	11%	10.20%	10.25%	10.20%	11%

MAX.  AMOUNT OF PERSONAL LOAN GIVEN

Loan Amount	BOP	PNB	OBC	UCO	HDFC	ICICI
	3 Lakhs	3 Lakhs	1.5 Lakhs	2.5 Lakhs	10.00 Lakhs	10 Lakhs

MAX. TENURE PERIOD FOR WHICH PERSONAL LOAN IS PROVIDED BY BANKS

Tenure	BOP	PNB	OBC	UCO	HDFC	ICICI
	60	60	60	48	48	60

ANALYSIS & INTERPRETATION

The retail loan study bring the three type of loans. Which is of great help to customers. The home loan education loan & personal loan are various loan which makes life of easier of customers and make customer to afford that thing which he dream to have in future but can buy now when he wants.

• Home Loan
• Personal Loan
• Education Loan

The analysis of the questionnaire that was circulated to as certain the views & awareness is as follows :--

1. The BOP has lowest rate of interest in Home Loan.

2. There is no pre-payment penalty in case of Home Loan.

3. Lowest processing fees in case of Home Loan

4. The processing fees charges in case of education loan

5. Far behind from competitor in case of personal loan

The amount provided is lesser than other banks.

LIMITATIONS OF STUDY

• It is very small research/project report, which may be insufficient to give the real picture scope of the retail loan in Panipat and its catchments area.
• The research is based on collected data and the researcher is not responsible for any wrong inference drawn due to the incorrect filling of the questionnaire by the respondents.
• The method of result is also limited to the reliability of method of investigations, measurement and analysis of data.
• Auto loan are not included in the study of retail loans.
• Education loan are not providing by other banks like ICICI, HDFC, & IDBI. So, it cannot compared with other banks.
• People were not interested in filling questionnaire properly.
• Loan scheme has been revised very soon. 
• Education loan is provided for some special customers. It is not possible for every customer to get Education Loans

SUGGESTIONS

• Interest rate, processing fees, tenure, margin money-all these are important in loans-housing loan, auto loans, personal loan, education loans etc. So bank should revise all above keeping in view all other banks. Bank should appoint some marketing executive for this purpose who can give information of market and other banks, revision of loan timely so that our bank can revise it very soon. These marketing executive should give report to Head Office directly for timely processing so that as early as possible, market can be fully captured.
• Loan limit of all loans should be increasing keeping in other view private sector banks and nationalized banks.
• One of the major weakness of bank of Punjab is processing timely. As today every person is very busy. He cannot more days for taking loan so. Processing time should be reduced. But this processing time can be reduced only when the sanction authority is necessary for branch offices.
• As in nationalized banks, there is not negative file, but in bank of Punjab but there is a list of negative profile. This is the main reason of the nationalized banks having more customers. So. Negative file should be reduced or eliminated.
• Other private sector banks like ICICI, HDFC etc. have lower interest rate than BOP. So the bank should reduce it interest rate for being in the competition with these banks.
• Bank of Punjab is lower loan amount than other banks, so it should increase its loans amount for attracting customer towards it products loans .
• The bank should give authority to all its branches for providing loans.

CONCLUSION

Bank of Punjab such a great reputation that it can very well go out and sell it product to the out sides customers and be a winner. These are the responses from the people who knew about Bank of Punjab but those of them who did not know it felt very happy when the came to know that group. Bank of Punjab has come out with a new life insurance venture. The only points now is, that when the company enjoys such a great reputations. What it has got to do (to private its product to the people at very competitive price and make them sure that their investment in the company is absolutely secure.

Our project was based to retail loans and product range of retail loans of BOP

The retail loan provided by BOP include

• Home Loan
• Personal Loan
• Education Loan

The home loans provided by BOP is less than other banks and having lowest processing fees. It comparison to other bank it has lower interest rate than same bank.

The personal loan is having maximum tenure period and lower interest rate. It contain less amount of personal loans by the banks.

Education loans is provided by only a few banks and services provided by bank for education loans is not so goods.

BIBLIOGRAPHY

• www.bankofpunjab.com
• Research methodology (C.R. Kothari)
• Business Magazines
• Brochures, pamphlets and Circulars of Banks
• Presentation by Trainers

Scope of Retail Loan of BOP Project Report Ch.-I

Loan Types of BOP Project Report MBA - Ch.-III

HR Projects

Marketing Projects

Finance Projects