If you need money urgently then you can take money from the ATM machine. There are ATM centers across the country. All you have to do is maintain an Average Quarterly Balance of Rs. Saving Max Account Welcome to a world of convenience. Presenting Savings Max account, loaded with maximum benefits to make your banking experience a pleasure. By maintaining an average quarterly balance of just Rs. Senior Citizen Account HDFC Bank appreciates your needs and endeavors, which is why, they present an account especially dedicated to customer, which like a dutiful child will help you fulfill your needs in the best manner possible.
No frills Account In an effort to make banking simpler and more accessible for customers, bank has introduced the 'No Frills' Savings Account, which offers customer all the basic banking facilities. Customer can even avail of services like Net Banking, Mobile banking free of cost. All this and more in a Zero Balance account. Classic salary account. Regular salary account. Premium salary account. Defense salary account. No frills salary account.
Reimbursement salary account. The accumulated savings in the Kids Advantage Account can over the years help in meeting customer child's needs. Main features and benefits of this account are as follow:- 26 www.
Person can have the power of multi-location access to his account from any of our branches in cities. Not only that, he can do most of his banking transactions from the comfort of his office or home without stepping out.
There are various kinds of current account in this bank like: - Plus current account HDFC Bank plus Current Account gives the power of inter-city banking with a single account and access to more than cities. Plus Current Account requires maintaining an average quarterly balance of Rs.
Trade current account In today's changing business requirements, you need to transfer funds across cities, and time is of the essence. Trade Current Account requires maintaining an average quarterly balance of Rs. Premium current account Business needs a partner who can manage finances while concentrate on growing business. Form this account customer can avail benefits of inter-city banking account that requires an average quarterly balance of only Rs.
A Current Account with the benefits of accessing account from a large network of branches, and through direct access channels - the phone, mobile, Internet and through the ATM. Regular current account A Current account is ideal for carrying out day-to-day business transactions. Regular Current Account requires to maintain an average quarterly balance of only Rs.
With a vast network of branches in cities all over the country, and access to a multitude of ATM's, customer can keep track of all transactions anytime. To open this account a person has to follow these processes: 28 www. If person has just joined, first request to company to open up a Salary Account for particular person. Request company to directly credit cash payments to the Reimbursement Account. Have you accumulated foreign currency from travelling abroad frequently? Received gifts from relatives in foreign currency?
Or earned it by any other means as approved by the Reserve Bank of India? To open this accounts a person as to follow this process: - Choose the currency in which person wish to operate. Flexi current account Tired of static transaction limits during peak seasons? So, during peak seasons, customer get the benefit of higher transaction limits due to the higher average balances maintained in account.
Apex current account The top position is always the desirable position. With the Apex current account, take business to a new high. On maintaining an average quarterly balance of Rs. Max current account Maximum benefits and minimum hassles for customer with Max Current Account with a Rs.
Features like maximum free transaction limits including other beneficial features on this current account truly enhances business potential to the Maximum. An alternative to simply applying for loans, fixed deposits allow to borrow from own funds for a limited period, thus fulfilling needs as well as keeping savings secure.
So, for this purpose he has a better chance to deposits money in to the fix deposit. Get up to 9. Flexibility, Security and High Returns all bundled into one offering. Regular fix deposit As per the rules and regulation of the bank a person can deposit their money in to a fix deposit in the bank and can get the benefits of these facilities. Sweep-in facility Do you wish to avoid taking overdrafts, and still take advantage of your Fixed Deposits? Then what you need is a Sweep-In Facility on savings account.
A deficit in Savings or Current Account is taken care of by using up an exact value from Fixed Deposit. Demat account service Nowadays share market is becoming is the main occupation of the person. So to avoid faulty processes demat account is really most important for the share market and for the safety of shares it is most important. HDFC Bank Demat services offers a secure and convenient way to keep track of securities and investments, over a period of time, without the hassle of handling physical documents that get mutilated or lost in transit.
Eligibility An individual not minor , firms, limited company, associations, clubs, trusts, societies, etc may hire a locker. Lockers available in various sizes. Small, Medium, Large and Extra Large with varying rents. Lockers are rented out for a minimum period of one year. Rent is payable in advance. No deposits are required to avail a locker. Just open an account and get the locker facility. There is a nominal annual charge, which depends on the size of the locker and the centre in which the branch is located.
Nomination for Safe Deposit Locker The Lockers and their contents can be nominated to people near and dear to you. Nomination facility is available to individual hirer of Safe Deposit Locker. In the case of a sole hirer of a safe deposit locker, nomination can be made in favor of only one individual.
Where the safe deposit locker is hired in the name of a minor, the nomination shall be made by a person lawfully entitled to act on behalf of the minor. Lockers can be allotted individually as well as jointly. The Locker holder is permitted to add or delete names from the list of persons who can operate the Locker and can have access to it. Loss of Key is to be immediately informed to the concerned Branch. But some time a person has not cash on hand at that time he needs lone either from any friend or from any financial institute.
Lone dose not mean that only lower class person needs it but also upper class person it is needed. As per the requirement of the every person there are much type of loans are there in the HDFC bank. So, here one solution for that person this is personal loan. As person ordered in the hotel for tea or coffee and it is immediately came fast, same over here any person want to get a personal loan with the nominal documents he can get the loan.
With over 30 years of experience, a dedicated team of experts and a complete package to meet all housing finance needs, HDFC Home Loans, help people realize dream.
But every people have no capacity to purchase vehicles with cash so for that here in the HDFC bank vehicles loan is available. There are many types of vehicles loan. Types of vehicles loan: Two wheeler loans. New car loan. Used car loan. Tractor loan for agree culture business. Commercial vehicle loan. So, as per the requirement of the person there are these types of loans are available this are at the chip rate and hassel free from more documentation and other procedure.
And commercial businessman can get the benefits of the commercial vehicles loans. Thus as per the need of different people there are vehicle loans available. And also terms and condition are different as per the requirement.
The procedure is simple, documentation is minimal and approval is quick. It is helpful to person in repairing of house, School admission or also in the family holiday. There is also availability of the overdraft on the gold jewellery.
With this a customer can get free additional services like free personalized cheque book, free international debit card, and free net banking phone banking services. Educational loan Nowadays important of education becoming very high. ASs it important becoming high it is becoming costly.
So in the higher education some time people can not effort a high price at a same time. So, there is education loan is also available for the student. A person can get loan up to 10 lakhs to study in India and 20 lakhs if he wants to study in abroad. Loan available up to tenure of 7 years including moratorium period. Loans disbursed directly to the educational institution.
It is released as per fee schedules of institutes. Exclusive Telegraphic Transfer facility available for courses abroad. Person can now take a loan against residential or commercial property, to expand his business, plan a dream wedding, and fund his child's education and much more. Visa Bill Pay [Type text] Pay your utility bills from the comfort of your home!
Enjoy credit free period and reward points as per your credit card features. Insta Pay Pay your bills, make donations and subscribe to magazines without going through the hassles of any registration.
Direct Pay Shop or Pay bills online without cash or card. Debit your account directly with our Direct Pay service! For that bank provide a special service to their customer. It makes you feel special at every step, pampering with services those others can only dream about.
This service goes beyond the obvious, rises above the expected, so that the whole world can see, that even today, the grandeur and magnificence of royalty is alive and well. Thus as retail banking service bank providing really good and beneficial services to their customer and as family member they are providing good services to every customer either they are [Type text] It can be in the form of Savings, Current or fixed deposits in Indian rupees. The funds in this account are fully repatriable.
The funds in this account are not repatriable only interest accrued is repatriable. Also included is banking services offered to other financial institutions. In essence, wholesale banking services usually involve high value transactions.
Wholesale banking compares with retail banking, which is the provision of banking services to individuals. Wholesale banking services Corporate service Corporate Banking reflects HDFC Bank's strengths in providing our corporate clients in India, a wide array of commercial, transactional and electronic banking products.
We achieve this through innovative product development and a well-integrated approach to relationship management. Bank also understands that business is anything but "small" and as demanding as ever. And as business expands and enters new territories and markets, person need to keep pace with the growing requests that come in, which may lead to purchasing new, or updating existing plant and equipment, or employing new staff to cope with the demand. That's why HDFC Bank has assembled products, services, resources and expert advice to help ensure that your business excels.
The following links will help identify individual needs. Funded Services. Non-Funded Services. Specialized Services. Value Added Services. Internet Banking. Financial Institutions. Mutual Funds. Stock Brokers. Insurance Companies. Commodity Businesses. Government sector HDFC Bank acts as an active medium between the government and the customers by means of various services. E-Ticketing - Helps the customer by providing him a direct access to book a Railway Ticket online and get it home delivered.
Collection of levies and taxes on behalf of Municipal Corporations i. Kalyan -Dombivli Municipal Corporation, is undertaken by the Bank. Work force of an Organization is one of the most important inputs of components.
It is said that people are our single most important assets. Human personnel function, i. The personnel function or system can be broadly defined as the management of people at work- management of managers and management of workers.
Personnel function is particularly interested in personnel relationship and interaction of employees-human relations. In a sense, management is personnel administration. Management is the development of people, and not mere direction of material resources. Human capital is the greatest asset of a business enterprise. The essential ingredient of management is the leadership and direction of people. Each manager of people has to be his own personnel man.
Personnel management is not something you really turn over to personnel department staff. Responsibilities of Human Resource Department. He talks to the consultant related to the recruitment of the qualified candidates.
He also does screening of the candidates, shortlist the candidate and takes the first round of the interview. He also maintains personal file of each employee.
He also completes the joining formalities of each new employee. Human Resource planning This is handled by doing the planning at the beginning of every year. At the end of the year, the Human Resource department from each Branch receives the requirement for the person for whole year. Then the planning of recruitment and training is done by training manager and recruiting manager which is approved from Head of HR Department.
Recruitment Recruitment is a process of searching for prospective candidates for the given job in the industry. As we know it is very important for an industrial concerns to have efficient and effective personnel with right quality and at right time and at right place available whenever they are needed. Every organization needs employee time by time because of promotion or retirement of an employee.
For this purpose an organization need to search for the right candidate. And so it needs to encourage this type of right candidates whenever they require. It is define as the process of differentiating between applicants in order to identify and hire those with a greater likelihood of success in a job.
It makes employees more effective and skillful. In present dynamic world of business training is more important there is an ever present need for training men. A new and changed technique may be taken as an advantages and improvement affected in the old methods.
Whenever they select new candidates for any post, they use to give them on the job work. They also provide training related to customer care and communication. After appraising the performance of the employee they put the grade of each employee in the following grade criteria. Remuneration occupies an important place in the life of an employee.
For all this, it is required that wages and salaries are provided well by organization. A wage and salary is the remuneration paid for the service of labor in production periodically to an employee.
The bank is in service industry so the salary is given on monthly basis. They use to hire certain salesman on commission base and they are provided their salaries on commission base. While other permanent staff are being given monthly salaries. As HDFC bank is reputed bank in market the pay scale are as per the standard. HDFC bank is also giving attractive incentives as per the target. The salary of branch manager is around per month.
They have developed the incentive structure for the employees on the basis of point system. All the employees get the incentive in the form cash reward. The benefit include international debit card, corporate card with individual liability CCIL , access to phone banking and internet banking, demat accounts, and host of other services to complement their savings account. Motivation is given by the responsible person, like branch manager or team manager for better performance in the department.
Disputes and their resolution Disputes are common in organization. Every employee is free to talk to the head of the particular department if they have any problem related to the job. Firstly, the problem is solved by the head of the particular department and if the problem does not solved by the head of that department then it is addressed to the HR Manager.
Marketing Management The activities of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people. People who work in marketing departments of companies try to get the attention of target audiences by using slogans, packaging design, celebrity endorsements and general media exposure.
Ajay Kelkar, Head, Marketing, HDFC Bank, said that these initiatives are especially targeted at those consumers who are not aware about the bank's various value added services such as direct banking facilities.
The bank has also launched another initiative called Business Ki Baten, which is targeted at areas where the bulk of the population comprises small businessmen. Kelkar said that the bank would get experts to talk on a number of issues such as value-add tax and sales tax. Bank can measure the result of a campaign through the sales that they generate and the customers that are added.
There is a clear return on investment, which from a functional point of view gives the team a stronger voice. Bank has also been able to reduce their ad spends by about per cent and has also reduced the cost of acquisition Bank's focus in future would be to enhance its database marketing initiatives. Bank plan to invest close to Rs 12 crore to create the environment that is required to support customer intelligence that leads to data based marketing.
HDFC has chartered an extensive Customer Lifecycle based marketing campaign calendar for this and the forthcoming fiscal. Fractal, which specialises in predicting the behavior of the customers in the areas of risk and marketing, would be partnering HDFC Bank's marketing team in various initiatives of growing the retail business quickly and cost effectively. HDFC has been using analytics for taking informed marketing decisions.
Fractal will help the bank use information to reach new customers and to build, nurture and maximize lasting customer [Type text] Fractal will also help the bank solve the problem of ever-increasing customer acquisition costs and reducing customer loyalty. The marketing programmes would involve acquisition of customers profitably by reducing campaign costs, cross selling various asset and liability products to the existing customers, thereby, leveraging the existing relationships and proactively retaining existing customers.
Fractal's analytics-based marketing solutions span which the entire lifecycle of customer relationship right from customer acquisition to customer retention to customer value management, is expected to give HDFC an upper hand in understanding the needs and circumstances of their customers. Marketing Initiatives Taking By The Bank HDFC Bank is possibly the only bank in India, and one of the very few in Asia, to have embarked on a data-led marketing analytics campaigns initiative, using marketing automation technology provided by Unica.
Unica has been recognised by Gartner as the leading player in this field. Through this tool, we have been able to intelligently use the terabytes of customer data available in its warehouse.
We have set up a team to conduct marketing campaigns in a scientific manner using customer data, usage patterns, preferences, lifecycle, etc, the bank also conducts event-based marketing. These initiatives also complement our media-based marketing as well as on-the-ground marketing activities, which remain important in the bigger scheme of things.
However, the marketing analytics initiative enables us to measure the efficacy of the campaigns, testing every campaign every step of the way, experimenting with creatives, messages, media, etc. There are learnings that can immediately be absorbed and incorporated in the next campaigns, and these campaigns in a way provide us with information about customer choices and preferences that can be used for mass media communication, making those more effective.
Media Vehicles Used For Send Message To Reach Target Audience HDFC Bank has been predominantly using direct mailers, e-mails, and SMS for communicating our message to our target audience as they are the most cost-effective routes of addressing our core target audiences with maximum degree of customization possible.
Market Segmentation Market Segmentation is defined as the process of splitting customers, or potential customers, in a market into different groups, or segments, within which the customers share a similar level of interest in the same or comparable sets of needs satisfied by a distinct marketing proposition; it is also explained as a marketing technique that targets a group of customers with specific characteristics, i.
It is a key ingredient for successful marketing as it simplifies the targeting, positioning and the planning process. A true Market Segment meets all of the following criteria: it is distinct from other segments heterogeneity across segments , it is homogenous within the segments exhibits common attributes , it responds similarly to a market stimulus and it can be reached by a market intervention.
It is referred as a tool for defining markets and thereby allocating resources; it uses statistical techniques called factor analysis and cluster analysis to combine attitudinal and demographic data to develop segments that are easier to target. Market Segmentation can be done on the basis of the location Geographic Segmentation ; on the basis of age, income, gender and other measurable factors Demographic Segmentation ; on [Type text] The Bank launched its credit card business in late By March , the bank had a total card base debit and credit cards of over 14 million.
The Bank is well positioned as a leader in various net based B2C opportunities including a wide range of internet banking services for Fixed Deposits, Loans, Bill Payments, etc. With the liberalisation of the financial markets in India, corporates need more sophisticated risk management information, advice and product structures. These and fine pricing on various treasury products are provided through the bank's Treasury team. The Treasury business is responsible for managing the returns and market risk on this investment portfolio.
It has become essential for the service firms in general and banks in particular to identify what the customer's requirements are and how those customer requirements can be met effectively. In the days where product and price differences are blurred, superior service by the service provider is the only differentiator left before the banks to attract, retain and partner with the customers. Superior service quality enables a firm to differentiate itself from its competition, gain a sustainable competitive advantage, and enhance efficiency.
The benefits of service quality include increased customer satisfaction, improved customer retention, positive word of mouth, reduced staff turnover, decreased operating costs, enlarged market share, increased profitability, and improved financial performance. The construct of service quality has therefore been a subject of great interest to service marketing researchers.
Service quality has been defined by various experts in various ways as: 'Service Quality is the difference between customers' expectations for service performance prior to the service encounter and their perceptions of the service received. Service quality is recognized as a multidimensional construct. While the number of dimensions often varies from researcher to researcher, there is some consensus that service quality consists of three primary aspects: outcome quality, interaction quality, and physical service environment quality.
Outcome quality refers to the customer's assessment of the core service which is the prime motivating factor for obtaining the services e. Interaction quality refers to the customer's assessment of the service delivery process, which is typically rendered via a physical interface between the service provider, in person, or via technical equipment, and the customer.
It includes, for instance, the consumer's evaluation of the attitude of the service providing staff. It includes, for example, the physical conditions of an ATM machine. The tangibles dimension corresponds to the aforementioned physical environment aspect, the reliability dimension corresponds to the service outcome aspect, and the remaining three represent aspects of interaction quality.
Both the costs and the revenue of firms are affected by repeat purchases, positive word-of-mouth recommendation, and customer feedback. RATER is an instrument that might be used to define and measure banking service quality and to create useful quality-assessment tools.
It provides for multi-faced analysis of customer satisfaction. It provides information at several levels, already organized into meaningful groupings. It is empirically grounded, systematic and well documented. Banks managers can use the RATER model and its dimensions first to identify the following issues: Banks must provide error free service and secure online transactions to make customers feel comfortable.
Responsiveness describes how often a bank voluntarily provides services that are important to its customers. Researchers examining the responsiveness of banking services have highlighted the importance of perceived service quality and customer satisfaction. Banking was in the sector featuring medium goods and higher customer producer interactions, since in banking, consumers and service providers interact personally and the use of goods is at a medium level. Hence, in banking, where there are high customer-producer interactions, the quality of In the case of services, because customers are often either direct observers of the production process or active participants, how the process is performed also has a strong influence on the overall impression of the quality of service.
A well-performed service encounter may even overcome the negative impression caused by poor technical quality as well as generate positive word-of-mouth, particularly if customers can see that employees have worked very hard to satisfy them in the face of problems outside their control. Performing the service dependably and accurately is the heart of service marketing excellence. It is very important to do the service right the first time.
Performing the service accurately is perhaps the most important factor in service quality excellence. The cost of performing the service inaccurately includes not only the cost of redoing the service but also the cost associated with negative word-of-mouth generated by displeased customers.
In case of services, the factory is the field. Again, services are intangible and hence the criteria for flawless services are more subjective than the criteria for defect- free tangible goods. The service quality factor tangible is defined by whether the physical facilities and materials associated with the service are visually appealing at the bank.
These are all factors that customers notice before or upon entering the bank. Such visual factors help consumers form their initial impressions.
A crucial challenge in service marketing is that customers cannot see a service but can see the various tangibles associated with it - all these tangibles, the service facilities, equipment and communication materials are clues about the intangible service. On the other hand, improving quality through tangibles means attention to the smallest details that competitors might consider trivial. Yet, these visible details can add up for customers and signal a message of caring and competence.
Customers may reveal new aspects of service quality in banking that are important to them, and these would have to be incorporated in the scale so as to further explore the concept of service quality in the banking arena. The results of the study would be able to recognize the lacunae in the system and thus provide key areas where improvement is required for better performance and success ratio.
In the days of intense competition, superior service is the only differentiator left before the banks to attract, retain and partner with the customers. This research is based on primary data and secondary data. This study only focuses on the dimensions of service quality i. It aims to understand the skill of the company in the area of service quality that are performing well and shows those areas which require improvement.
The study was done taking two branches of HDFC bank into consideration. The survey was restricted to the bank customers in Delhi only. Questionnaires were prepared and customers of the banks at two branches were approached to fill up the questionnaires.
The questionnaire contains 20 questions which reflect on the type and quality of services provided by the banks to the customers. The response of the customer and the is recorded on a grade scale of strongly disagree, disagree, uncertain, agree and strongly agree for each question. The filled up information was later analyzed to obtain the required interpretation and the findings.
Secondary Data: In order to have a proper understanding of the service quality of bank a depth study was done from the various sources such as books, a lot of data is also collected from the official websites of the banks and the articles from various search engines like Google, yahoo search and answers. Later it becomes descriptive when it comes to evaluating customer perception of service quality of the banks.
Descriptive research, also known as statistical research, describes data and characteristics about the population or phenomenon being studied. Descriptive research answers the questions who, what, where, when and how. Although the data description is factual, accurate and systematic, the research cannot describe what caused a situation.
Thus, descriptive research cannot be In other words, descriptive research can be said to have a low requirement for internal validity. The description is used for frequencies, averages and other statistical calculations. Often the best approach, prior to writing descriptive research, is to conduct a survey investigation. Strongly disagree 2. Disagree 3. Neither agree nor disagree 4. Agree 5. Strongly agree Likert scaling is a bipolar scaling method, measuring either positive or negative response to a statement.
The questionnaire consists of two parts. The first part consists of three questions concerning the demographic information of the respondent such as the name, age, educational qualifications and income. For evaluation of service quality of HDFC bank service quality dimension of reliability, assurance, tangibility, empathy and responsiveness is used in order to evaluate the actual service quality of HDFC bank.
Disadvantages: Ratio analysis is a widely used tool of financial analysis. Yet, it suffers from various limitations. The operational implication of this is that while using ratios, the conclusion should not been taken on their face value. Some of the limitation which characterize ratio analysis are 1.
Difficulty in comparison One serious limitation of ratio analysis arises out of the difficulty associated with their comparability. One technique that is employed is interfirm comparison. But such comparisons are vitiated by different procedures adopted by various firms. Amortization of deferred revenue expenditure such as preliminary expenditure and discount on issue of shares.
Secondly, apart from different accounting procedures, companies may have different accounting periods, implying differences in the composition of the assets, particularly the current assets. For these reasons, the ratios of two firms may not be strictly comparable.
Impact of inflation The second major limitation of the ratio analysis as a tool of financial analysis is associated with price level changes. This, in fact is a weakness of the traditional financial statement which are based on historical cost.
An implication of this feature of the financial statement as regards ratio analysis is that assets acquired at different periods are, in effect, shown at different prices in the balance sheet, as they are not adjusted for changes in the price level. As a result, ratio analysis will not yield strictly comparable and therefore, dependable results. Conceptual Diversity Yet another factor which affects the usefulness of ratios is that there is difference of opinion regarding the various concepts used to compute the ratios.
Different firms may use these terms in different senses or the same firm may use them to mean different things at different times. Reliance on a single ratio for a particular purpose may not be a conclusive indicator. At HDFC Bank acid test ratio, debtors turnover ratio and inventory and inventory turnover ratio to have a real insight into the liquidity aspect. Classification of ratio 1. Profitability Ratios a. Ratio of profit to total income b. Ratio of profit to deposits c. Return on equity d.
Return on Capital e. Ratio of return on assets f. Net interest margin g. Ratio of interest income to average working fund h. Ratio of non-interest income i. Cash dividend j. EPS 2. Operating Ratios a. Ratio of interest earned to interest paid b. Ratio of staff expenses to total expenses d. Ratio of total expenses to total income. Ratio of operating expenses to average working fund f. Ratio of interest expenses to average working fund 3.
Solvency ratios a. Credit deposit ratio d. Current assets ratio f. Quick ratio g. Fixed assets ratio Babasabpatilfreepptmba. Research problem To know the financial performance of the organization through ratio analysis, by comparing three years financial performance of the bank.
Purpose of the study A financial services sector plays a critical role in fulfilling the needs of growing and increasingly diverse economy, offering high quality services to business and individual alike. Although amounts found on these statements does not provide valuable insights of performance so ratio analysis is required for determining good or bad performance of bank and also for determining its causes.
The study includes the calculation of different financial ratios. It compares three years financial statements of the company to know its performance in these different years. Since its inception in , the Corporation has maintained a consistent and healthy growth in its operations to remain the market leader in mortgages. Its outstanding loan portfolio covers well over a million dwelling units. HDFC has developed significant expertise in retail mortgage loans to different market segments and also has a large corporate client base for its housing related credit facilities.
With its experience in the financial markets, a strong market reputation, large shareholder base and unique consumer franchise, HDFC was ideally positioned to promote a bank in the Indian environment.
The retail banking segment serves retail customers through a branch network and other delivery channels. The wholesale banking provides loans and transaction services to corporate and institutional customers. The treasury services segment undertakes trading operations on the proprietary account, foreign exchange operations and derivatives trading. The Bank operates in India. Retail Banking This segment raises deposits from customers and makes loans and provides advisory services to such customers.
The products are backed by service and delivered to the customers through the growing branch network, as well as through alternative delivery. The HDFC Bank Preferred program for high net worth individuals, the HDFC Bank Plus and the Investment Advisory Services programs have been designed keeping in mind needs of customers who seek distinct financial solutions, information and advice on various investment avenues.
The Bank also has an array of retail loan products, including auto loans, loans against marketable securities, personal loans and loans for two-wheelers. It is also a provider of depository participant DP services for retail customers, providing customers the facility to hold their investments in electronic form.
The Bank launched its credit card business during the fiscal year ended March 31, By September 30, , the bank had a total card base debit and credit cards of 5.
For these customers, the Bank provides a range of commercial and transactional banking services, including working capital finance, trade services, transactional services and cash management. The bank is also a provider of structured solutions, which combine cash management services with vendor and distributor finance for facilitating superior supply chain management for its corporate customers.
It provides cash management and transactional banking solutions to corporate customers Babasabpatilfreepptmba. The Treasury business is responsible for managing the returns and market risk on this investment portfolio.
The bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. The paid-up capital is Rs. Roughly The following are different methods of transacting in foreign exchange and remitting money. Important guidelines and schedules All Foreign Exchange transactions are conducted by strictly adhering to RBI guidelines.
Depending on the nature of your transaction or point of travel, you will need to understand your Foreign Exchange limits. Whatever may be the occupation, bank is confident that customer will find the perfect banking solution. Customer can have the power of multi-location access to his account from any of banks branches in cities. Not only that, he can do most of his banking transactions from the comfort of his office or home without stepping out. At HDFC Bank, it understands that running a business requires time and money, also that customers business needs are constantly evolving.
It provides him with a choice of Current Account options to exclusively suit his business - whatever the size or scope. An alternative to simply applying for loans, fixed deposits allow the customer to borrow from his own funds for a limited period, thus fulfilling his needs as well as keeping his savings secure. The same will appear as separate debits in the statements.
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