THIRD PARTY PRODUCTS AND WEALTH MANAGEMENT IN HDFC BANK

Presented By:Arpit Jain Konark Jain

Introduction
Definition of bank: A bank is a financial intermediary which accepts deposits and in turn converts the deposits into lending

HDFC BANK
Incorporated in August 1994. First among the new generation commercial banks. first to receive an 'in-principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. Registered office in Mumbai, India Listed in NSE and BSE.

HDFC Focuses on
Needs of customers and offering them superior product and service.

Leveraging technology to service customers quickly and conveniently.

Believes in quality of consumers and not quantity of consumers.

ASSOCIATES

THIRD PARTY PRODUCTS

SYSTEMATIC INVESTMENT PLAN (SIP)

An holder can benefit under this facility by investing specified amount regularly.

Wealth Management
Traditional Plan
HDFC Term Assurance Plan HDFC Saving Assurance Plan

HDFC Unit Linked Plan

HDFC SL Crest SL young star Super II HDFC SL PRO Growth Super II

Main Focus on
Fixed Deposit Recurring Deposit

Fixed Deposit
The term Fixed Deposit refers to a savings account or certificate of deposit that pays a fixed rate of interest until a given maturity date.

ICICI Bank
Maturity Period
7 days to 14 days 15 days to 29 days 30 days to 45 days 46 days to 60 days 61 days to 90 days 91 days to 120 days 121 days to 184 days 185 days to 189 days 190 days 191 days to 210 days 211 days to 269 days 270 days to 289 days 290 days 291 days to less than 1 year 1 year to 389 days 390 days 391 days to 589 days 2 years to 789 days 991 days to less than 3 years 3 years to less than 8 years Rates of Interest (% p.a.) w.e.f July 22, 2011 General Senior Citizen 3.75 3.75 4.00 4.50 5.00 5.50 6.25 6.75 6.50 7.00 7.00 7.50 7.00 7.50 7.50 8.00 7.75 8.25 7.50 8.00 7.50 8.00 7.50 8.00 7.75 8.25 7.50 8.00 8.25 8.75 9.25 9.75 8.25 8.75 8.50 9.00 8.50 9.00 8.75 9.25

HDFC Bank
Period
7 - 14 days 15 - 29 days 30 - 45 days 46 - 60 days 61 - 90 days 91 Days to less than 6 months 1 day 6 months 1 day - 6 months 15 days 6 months 16 days 6 months 17 days - 9 months 15 days 9 months 16 days 9 months 17 days - 1 year 1 year 1 day - 1 year 15 days 1 year 16 days 1 year 17 days - 2 years 2 years 1 day - 2 years 15 days 2 years 16 days 2 years 17 days - 3 years 3 years 1 day - 5 years 5 years 1 day - 8 years 8 Year 1 Day - 10 Years Interest Rate (per annum) 3.50% 4.00% 5.00% 7.00% 6.50% 6.75% 7.75% 7.75% 7.25% 8.00% 7.25% 9.00% 9.25% 8.50% 8.50% 9.25% 8.50% 8.25% 8.25% 8.25% Senior Citizen Rates (per annum) 4.00% 4.50% 5.50% 7.50% 7.00% 7.25% 8.25% 8.25% 7.75% 8.50% 7.75% 9.50% 9.75% 9.00% 9.00% 9.75% 9.00% 8.75% 8.75% 8.75%

Benefits
Safety Regular Income

Drawbacks
Lower rate of returns Taxes

Recurring Deposit
Recurring Deposits in banks are one of the instruments of accumulating a particular amount periodically, to help us during various occasions of unexpected financial burden.

ICICI Bank
Rates of Interest (% p.a.) w.e.f July 22, 2011 Maturity Period

General
6 months 9 months 12 months 15 months 18 months 21 months 24 months

Senior Citizen 7.50 8.00 8.75 8.75 8.75 8.75 9.00

7.00 7.50 8.25 8.25 8.25 8.25 8.50

27 months
30 months 33 months 3 years to less than 8 years 8 years upto 10 years

8.50
8.50 8.50 8.75 8.75

9.00
9.00 9.00 9.25 9.25

HDFC Bank
Maturity Period
6 Months 9 Months 12 Months 15 Months 24 Months 27 Months 36 Months 39 Months 48 Months 60 Months 90 Months

Interest Rate (per annum)

6.75% 7.25% 7.25% 8.50% 8.50% 8.50% 8.50% 8.25% 8.25% 8.25% 8.25%

Senior Citizen Rates (per annum)

7.25% 7.75% 7.75% 9.00% 9.00% 9.00% 9.00% 8.75% 8.75% 8.75% 8.75%

120 Months

8.25%

8.75%

Benefits
Installment Based Plan. Easy Liquidation.

Findings
Investors have more faith with HDFCs mutual fund & Insurance plan. Investors think that HDFC provides better returns than other bank.

Thank You