1. To identify the clients level of satisfaction upon the overall service quality provided by YVU Financial Services Pvt. Ltd. (YFS). 2. This study will be helpful to the organization for conducting further research. 3. This study will also be helpful for identifying the area of dissatisfaction over the services. 4. This study helps to make a managerial decision to the organization for better service quality. Objective of the study 1. To study and assess the satisfaction level of clients regarding YVU Financial Services Pvt. Ltd. (YFS). 2. To study the perception of clients regarding YVU Financial Services Pvt. Ltd. (YFS). 3. To identified the factors which influence the satisfaction of clients. 4. To know the clients satisfaction towards the service of YFS Pvt. Ltd. Research Design The type of research design which is used in this study is Exploratory Research. Source of Data: Primary Data as well as Secondary Data Primary Data: Questionnaire cum Interview Secondary Data: from the Web site yvu.co.in from the PowerPoint of YVUs induction and training programs and from the discussion of YVUs Officials Sample Size 150 respondents or clients of YVU Financial Services Pvt. Ltd. Sampling Technique Convenient sampling Tools used in Data Analysis: Likert Scale, Bar Graph and Pie Chart
Conclusion Clients from difference economic activities choose YFS for some sort of expectation from YFS. Knowing this expectation is a foremost task for an organization because this task will communicate to the organization and provides information to the management. A well organized management teams can only takes decision to bring quality in service as well as performance in services. With growing competition in the market place, clients satisfaction acts as a differentiator and this leads to delay in taking any sort of managerial decision or strategies. Clients expectation may be from many sources, such as word-of-mouth, personal needs, and past experiences. In general, clients compare the perceived service with the expected service. If the perceived service meets or exceeds their expectations, they are apt to use the provider again and get loyalty. To be a successful Microfinance Institution (MFI) it is required to add benefits to the offering, because this will brings not only to satisfy clients but also to surprise and delight them. Delighting clients is a matter of exceeding expectation and leads highly satisfaction to the client.
Recommendation 1. The organisation should make effort to aware the clients about all the extra products and services available. 2. Other than word-of-mouth it is required to select an appropriate media for promotional activities. 3. The organisation should enhance their services quality according to the needs and expectations of the clients. 4. The organisation should make procedures to implement loan in less time consuming.
Limitation of the Study 1. The research was carried out during the monsoon season so most of the clients are engaged in farming activities; so it was very hard to meet the clients. 2. Most of the Primary Data are collected in Interview basis because most of the clients are hard to read English Language. 3. It is difficult to get accurate result because of the fluctuations in the client perception. Different individuals have different perception and it is hard to satisfy all the clients. 4. The research was carried out in a short period of monsoon season.