: Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond

Go Back Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > Resolve Your Query - Get Help and discuss Projects > Financial Management ( FM )

Retail Lending Products

Retail Lending Products

Discuss Retail Lending Products within the Financial Management ( FM ) forums, part of the Resolve Your Query - Get Help and discuss Projects category; Retail Lending Products Major retail lending products offered by banks are the following: I. Housing Loans II. Loan for Consumer ...



LinkBack Thread Tools Display Modes
Retail Lending Products
 (1 (permalink))
Sunanda K. Chavan
sunandaC has a spectacular aura aboutsunandaC has a spectacular aura aboutsunandaC has a spectacular aura about
Management Paradise Guru
Status: Offline
Posts: 6,681
Join Date: Jul 2010
Retail Lending Products - September 23rd, 2010

Retail Lending Products

Major retail lending products offered by banks are the following:

I. Housing Loans

II. Loan for Consumer goods

III. Personal Loans for marriage, honeymoon, medical treatment and
holding etc.

IV. Education Loans

V. Auto Loans

VI. Gold Loans

VII. Event Loans

VIII. Festival Loans

IX. Insurance Products

X. Loan against Rent receivables

XI. Loan against Pension receivables to senior citizens

XII. Debit and Credit Cards

XIII. Global and International Cards

XIV. Loan to Doctors to set up their own Clinics or for purchase of medical equipments

XV. Loan for Woman Empowerment for the Setting up of

• Setting up of beauty parlours

• Setting up of creches

• Setting up of flower shops

• For making jaipuri quilts etc.

• Preparation and supply of Food Tiffins

XVI. Loan for purchase of acoustic enclosures for Diesel Gen. Sets etc

Retail Banking Products for Depositors

Retail banking products for depositors in various segments of customers like; children, salaried persons.

Senior citizens, professionals, technocrats’ business men, retail traders and farmers etc. include:

a. Flexi deposit Accounts

b. Savings Bank Accounts

c. Recurring Deposit Accounts

d. Short Term Deposits

e. Deferred pension Linked Deposit Schemes

Today pure deposit type products are giving way to multi-benefit, multi-access genres of banking products.

Most of the innovation is taking place in saving bank accounts to make the meager return of 3.5% p.a. that they earn, more attractive.

Most of the banks now offer Sweep in and sweep out account, called 2-in-1 accounts or value added savings bank accounts.

This account is a combination of savings bank and term deposit accounts and offers twin benefit of liquidity of a savings bank account and higher interest earning of term deposit accounts.

•Add-ons and Freebies:-

To make their products and services more service more attractive so as to woo maximum number of customers, the banks are vying with each other with whole lot off rills, goodies, freebies are as under:

1. Free collection of specified number of outstation instruments

2. Instant credit of outstanding cheques up to Rs.15000/-

3. Concession in exchange on demand drafts and pay-orders and commission on bills of exchange

4. Issuance of free personalized cheques books

5. Free issuance of ATM, Debit, Credit and add-on Cards

6. Free investment advisory services

7. Grant of redeemable reward points on use of credit cards

8. Free internet banking, phone banking and any where banking facilities

9. Issuance of discount coupons for purchase of various products like computer accessories, music CDs, cassettes, books, toys, garments etc.etc.

10. Last but not the least, issuance of free PVR, Trade Fair tickets etc.

11. Concession in rate of interest on Group advances

12. Exemption in upfront fees

These concessions, freebies and add-ons are based on the True Relationship Value of customers and is calculated by the return on various products and services of the banks availed by them.

These concessions and freebies are usually offered for purchase of consumer goods but now they have become an integral part of retail Banking products and services also

• Other Retail Banking Services:-

Offer of several frills and goodies is not the end of the game. Banks also offer following Retail Banking services free of charges to customers:

1. Payment of utility bills like water, electricity, telephone and mobile phone bills

2. Payment of insurance premiums on due dates

3. Payment of monthly/quarterly education fee of children to their respective schools

4. Remittance of funds from one account to another

5. Demating of shares, bonds, debentures, and mutual funds

6. Payment of credit card bills on due dates

7. Last but not the least, the filing of income tax returns and payment of income tax
Friends: (0)
Reply With Quote
Your Friendly Helper
Rep Power: 10MBA Helper
Automatic Reply for links related to your post


I am your friendly Helper. Check the related links below which might be of your interest.

Not a Member Yet ?? Sign Up Now. Click Here

Looking for something? Search the Forums

Need Help on your Research Report ? Ask for Help or Help Others and create your network. Give back to the community by sharing your knowledge in terms of notes, research reports, discussions, articles etc..

Help Yourself and Help Others

Ask us, we are here to help

Related to Retail Lending Products

Similar Threads

Thread Thread Starter Forum Replies Last Post
Retail Lending at Point of Sale Sunanda K. Chavan Marketing Management ( RM , IM ) 0 September 23rd, 2010 02:37 PM
New delivery channels for Retail Banking Products and Services Sunanda K. Chavan Innovations in banking and insurance. 0 September 23rd, 2010 02:28 PM
SECURITIES LENDING and STOCK LENDING Abhijeet S Financial Management 0 September 2nd, 2010 06:38 PM
retail lending udaytulasii Miscellaneous Project Reports 6 February 17th, 2010 08:56 PM
Project report on marketing of retail products of PSB's with statistical validation Amritanshu Anand Marketing Research ( MR ) 1 July 23rd, 2009 05:10 PM


lending, products, retail

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off

Forgot Password?  New User?

» Recent Threads

New Zealand vs...
Last post by Pramit Singh
8 Hours Ago 02:22 PM
0 Replies
Michael Clarke 'Right...
Last post by Pramit Singh
8 Hours Ago 02:18 PM
0 Replies
Australia skipper...
Last post by Pramit Singh
9 Hours Ago 02:16 PM
0 Replies
New Zealand hunting for...
Last post by Pramit Singh
9 Hours Ago 02:13 PM
0 Replies
Who is prepared to Rule...
Last post by Pramit Singh
9 Hours Ago 02:07 PM
0 Replies
MBA finance project... ( 1 2)
Last post by Isha Bhugra
10 Hours Ago 12:47 PM
12 Replies
Retail Management Notes ( 1 2 3... Last Page)
Last post by Rajesh Nimbunkar
11 Hours Ago 12:06 PM
30 Replies
Comcast - Not Talking to...
Last post by Pramit Singh
11 Hours Ago 12:04 PM
0 Replies
Review - Get Hard, Toxic...
Last post by Pramit Singh
11 Hours Ago 12:02 PM
0 Replies
Delhi Girl Mira Rajput...
Last post by Pramit Singh
11 Hours Ago 12:00 PM
0 Replies
Young Comedian Olga...
Last post by Pramit Singh
11 Hours Ago 11:57 AM
0 Replies
Reviewed - Samsung...
Last post by Pramit Singh
11 Hours Ago 11:53 AM
0 Replies
A blog on Managment...
Last post by Cherry Cherian
14 Hours Ago 08:53 AM
0 Replies
U.N. concerned by spread...
Last post by Maya Raichura
16 Hours Ago 06:24 AM
0 Replies
Saudi Arabia decides to...
Last post by Maya Raichura
20 Hours Ago 02:22 AM
0 Replies

» Ads

» Projects Helpline

Retail Management Notes
Last post by Rajesh Nimbunkar
11 Hours Ago 12:06 PM
Maharashtra Value Added...
Last post by Joel Francis
3 Days Ago 10:46 AM
Urgent help with Case...
Last post by Joel Francis
4 Days Ago 05:44 PM


No Threads to Display. is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.

Management Paradise
About Us
Contact Us
Kartik Raichura
Terms & Conditions
Privacy Policy
Copyright © 2004 - 2013 Management Paradise. Site Developed by