THIRD PARTY PRODUCTS AND WEALTH MANAGEMENT IN HDFC BANK

Presented By:-Arpit JainKonark 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 PRODUCTSSYSTEMATIC 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.

V/S

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

General Senior Citizen

7 days to 14 days 3.75 3.7515 days to 29 days 4.00 4.5030 days to 45 days 5.00 5.5046 days to 60 days 6.25 6.7561 days to 90 days 6.50 7.0091 days to 120 days 7.00 7.50121 days to 184 days 7.00 7.50185 days to 189 days 7.50 8.00190 days 7.75 8.25191 days to 210 days 7.50 8.00211 days to 269 days 7.50 8.00270 days to 289 days 7.50 8.00290 days 7.75 8.25291 days to less than 1 year 7.50 8.001 year to 389 days 8.25 8.75390 days 9.25 9.75391 days to 589 days 8.25 8.752 years to 789 days 8.50 9.00991 days to less than 3 years 8.50 9.003 years to less than 8 years 8.75 9.25

HDFC BankPeriod Interest Rate (per annum) Senior Citizen Rates (per annum)

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

V/S

ICICI Bank 

Maturity PeriodRates of Interest (% p.a.) w.e.f July 22, 2011

General Senior Citizen

6 months 7.00 7.50

9 months 7.50 8.00

12 months 8.25 8.75

15 months 8.25 8.75

18 months 8.25 8.75

21 months 8.25 8.75

24 months 8.50 9.00

27 months 8.50 9.00

30 months 8.50 9.00

33 months 8.50 9.00

3 years to less than 8 years 8.75 9.25

8 years upto 10 years 8.75 9.25

HDFC Bank

Maturity Period Interest Rate (per annum) Senior Citizen Rates (per annum)

6 Months 6.75% 7.25%

9 Months 7.25% 7.75%

12 Months 7.25% 7.75%

15 Months 8.50% 9.00%

24 Months 8.50% 9.00%

27 Months 8.50% 9.00%

36 Months 8.50% 9.00%

39 Months 8.25% 8.75%

48 Months 8.25% 8.75%

60 Months 8.25% 8.75%

90 Months 8.25% 8.75%

120 Months 8.25% 8.75%

Benefits

• Installment Based Plan.• Easy Liquidation.

Findings• Investors have more faith with HDFC’s mutual fund

& Insurance plan.

• Investors think that HDFC provides better returns than other bank.

Thank You