Personal Loans Offered by

Private Sector Banks &

Public Sector Banks
(Comparative analysis)

Project submitted to
University of Mumbai

Submitted by
Mercia Mascarenhas

Bachelor of Commerce
Banking & Insurance
Semester V
2010-2011

Vidyavarahini’s
K.M college of Commerce
Vasai road (w)
 PROJECT ON

PERSONAL LOANS

OFFERED BY

PRIVATE SECTOR BANKS

AND

PUBLIC SECTOR BANKS

(COMPARATIVE ANALYSIS).
 Vidyavardhini’s A.V. College of Arts, K.M. College of Commerce
& E.S.A. College of Science

Vasai Road (W), Dist. – Thane, Maharashtra – 401 202

CERTIFICATE

We hereby certify that Miss Mercia Mascarenhas of Vidyavardhini’s

Vartak College studying in Third Year B.Com. [Banking & Insurance]
Semester V has completed project on personal loan offered by private sector
banks and public sector banks in the academic year 2010-2011. The
information submitted in the project is true and original to the best of our
knowledge.

__________________ _________________ ______________

PROJECT GUIDE CO-ORDINATOR

PRINCIPAL

__________________ _________________ ______________

PROJECT INCHARGE INTERNAL EXAMINER

EXTERNAL EXAMINER
 DECLARATION

I Mercia Mascarenhas the student of Third Year B.Com. (Banking &

Insurance) Semester V (2010-2011) hereby declare that I have completed the

project on personal loan offered by private sector and public sector banks.

The information submitted is true and original to the best of my knowledge.

Signature of Student:

Name of student: Mercia Macarenhas

Roll No. _________

 TABLE OF CONTENTS
SR.NO TOPIC PAGE NO.

1. INTRODUCTION 1-3

2. PERSONAL LOAN 4-11

3. PRIVATE BANK 12

A. BANK OF PUNJAB 13-16

B. ICICI 17-21

4. PUBLIC BANK 22

A. BANK OF MAHARASHTRA 23-25

B. ORIENTAL BANK OF 26-27
COMMERCE

5. COMPARATIVE STUDY 28-33

6. FINDINGS 34-36

7. CONCLUSION 37-38
8. APPENDIX
I 39-40
II 41
9. BIBLIOGRAPHY 42
 LIST OF TABLES

SR.NO TITLE FIGURE NO. PAGE NO.

1. PERSONAL LOAN ON 3a.1 16

BANK OF PUNJAB

2. ICICI 3b.1 19

3. BANK OF 4a.1 25
MAHARASHTRA

4. ORIENTAL BANK OF 4b.1 27

COMMERCE

5. MONTHLY INCOME 5.1 28

6. NET ANNUAL INCOME 5.2 29

7. TIME TAKEN TO
PROCESS THE LOAN 5.3 30

8. PREPAYMENT CHARGES 5.4 31

9. PENALITES CHARGES 5.5 32

10. INTEREST RATES 5.6 33

 ACKNOWLEDEGEMENT

Any accomplishment requires the efforts of many people and this

work is no different. I wish to express my sincere gratitude to Prof. Sonal
Trivedi for this entire project under whose guidance it found shape.

My project is about personal loans offered by public sector banks and

private sector sector banks (comparative analysis). I would first express my
sincere thanks to my guide Prof. Sonal Trivedi, who gave me timely
guidance & attention whenever it was required. Her guidance helped me to
reach my aim. Her encouragement always inspired me to actually go
forward.

Last but not the least I would like to thank my family and friends for
giving me extended support whenever required. I also thank those people
who helped me in completing my project.
 METHODOLOGY

Research is a systematic quest of knowledge. The means, technique, frames

and of reference by which a researcher carries out enquiry is known as
‘methodology’. The method of research used in this project, is through
visiting various websites.