Shivani
Shivani
Shivani
HDFC Bank is one of the few private banks in India with profit maximization as its sole
priority competing against government controlled banks with possibly multiple priorities in
one of the premier growth markets.
INTRODUCTION TO TOPIC
The sales process is the backbones, which support the organization for smooth running of business
in this competitive era.
In HDFC bank sales are done through direct marketing channels and branch itself. The products are
backed by excellent service and delivered to the customers through the growing branch network, as
well as through alternative delivery channels like ATM's, Phone Banking, Net Banking and Mobile
Banking.
STEPS IN THE SALES PROCESS
• Questionairre
• Observation
Secondary data collection: - The secondary data is collected from
1. Internet
2. Magazine
3. Corporate directory
Information was collected by using a carefully prepared questionnaire, which was
designed
keeping in mind all the aspects of the issue.
DATA ANALYSIS AND
INTERPRETATION
QUESTION NO. 1 :-
Purpose of visit to the bank
Purpose Respondents
Cheque deposits 42
Money Deposits 68
Money Withdrawn 36
Demand Draft 24
Others 30
Interpretation:- From the table we can conclude that most of the respondent
visit the bank for the purpose of money deposit, hence the bank should
promote their direct banking channels to these customers so that they can
reduce the footfalls in the bank.
QUESTION No. 2:-
Does the Bank Inform you About New Products and Services?
Interpretation:-
From the above graph we can see that about 76 % of respondents gave positive answer .Hence
we can say that the bank is always proactive when it comes to business and keep its customers
informed about the new products introduced from time to time.
QUESTION No 3:- Period of Investment
Interpretation:-
The majority of respondents i.e. 71% ranked risk as the important factor on top
of rate of return and time of investment. This shows people from all the three
categories consider risk as most important factor. This trend lies in the culture of
Indian customers.
FINDINGS OF THE STUDY
1. The bank has around 25% of high profile customers which consist of preferred and
classic customers. These customers give maximum profit to the bank. The bank has to
maintain good relationship with them.
2. The bank has around 42% of customers having income more than 5 lack, these people
should be targeted as they can contribute to banks maximum business.
3. Most of the customers are banking with the bank from last two years this means that
HDFC Bank has increased its customer base by significance number.
4. Most of the bank customers visited the bank for the purpose of cash withdrawal and
deposit.
5. Many of the bank customers wanted the bank to start the process of third party money
transfer and bank cash book facility.
6. Most of the bank customers who had access to the bank facilities like Debit cum
ATM cards, Direct Banking Channels, Credit Cards etc. often used these channels for their
transactions instead of directly visiting the bank.
7. About 47% of the bank customers invested their money for more than three years i.e.
the bank customers look for long term investments with the bank.
CONCLUSION
FINDINGS OF THE STUDY
SUGGESTIONS OF THE STUDY
CONCLUSION
THANK YOU