49627165 Consumer Behaviour Towards E Banking Final Report

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    AREPORT

    ONCONSUMER BEHAVIOURTOWARDS E BANKING

    HDFC & ICICI

    Submitted By: Submitted To:

    Vivek Rana (00!"# D$% R%P% Pae'Ha$)i' Pae' (00*!#B)+,i Pae' (00*-#Ak)a$ A,in (00./#

    G%H%Pae' P%G% Ini+e 1 B+ine Mana2e,en

    Sa$3a$ Pae' Unive$i4

    Va''a5) Vi34ana2a$

    On

    Nve,5e$ -*6 "0-0

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    PREFACE

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    CONTENT

    CHAPT

    ER

    PARTICULARS PAGE

    NO.

    I PREFECE 1

    1

    1.1

    1.2

    1.3

    1.4

    1.5

    1.6

    INTRODUCTION

    WHAT IS E-BANKING

    USAGE OF E-BANKING

    E-BANKING SYSTEM

    TYPES OF E-BANKING

    ADVANTAGE & DISADVANTAGE OF E-BANKING

    HOW E-BANKING CAN EASE YOUR IFE

    3

    3

    6

    7

    9

    10

    11

    2

    2.1

    2.2

    INTRODUCTION TO HDFC & ICICI

    HDFC COMPANY PROFIE

    ICICI BANK PROFIE

    13

    13

    17

    3 NEED, OBJECTIVE, SCOPE & METHODOLOGY 20

    4 DATA ANALYSIS & INTERPRETATION 24

    BIBLIOGRAPHY 62

    QUESTIONAIRE 63

    CHAPTER 1: INTRODUCTION

    3

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    INTRODUCTION OF E-BANKING

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    NEED FOR E-BANKING

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    EVOLUTION OF E-BANKING

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    1. USAGE OF E-BANKING

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    !" ,' %+,)"% !+) $ 0" +'" $)+($,7 #!"%" !" 0+, '$") ,$ !+" +

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    1. DIAGRAM OF E-BANKING SYSTEM

    E-BANKING PRODUCTS

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    1.4 TYPES OF INTERNET BANKING OR E-BANKING

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    FEATURES OF E-BANKING

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    1.8 ADVANTAGE & DISADVANTAGE OF E - BANKING

    ADVANTAGES OF E-BANKING:-

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    +, ">$,",(+ +*" $"% !" +) "# /"+%). C%%",/ +%$,' "% *", $ !"

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    !" )+" $% +,/ +,$!"% 0+,. C)$"%) *+, )",' $,"/ +,/#!"%" (, I,'(+.P+/"") +**$, ,0"%7 !() 0+, +,' !" 0%+,*! () ,""'"' $ 0" ",($,"' +"%

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    %+'(($,+ "!$'7 ( +") +0$ !%"" #$%(, '+/). ICICI B+, )+/) !+ $,(,"

    0( +/", )"%(*" +,' ,' %+,)"% +*((/ !+" 0"", !"(% $) $+% $,(,"

    )"%(*").

    . C!0#$% "!# 7%/0!7= C%"'( *+%' )"%) !+" + $ (, )$%". W(! I,"%,"

    0+,(,7 *)$"%) *+, ,$ $,/ +/ !"(% *%"'( *+%' 0() $,(," 0 +)$ " + $+,

    $, !"(% *+%'). N$ ) !()7 !"/ *+, +)$ +/ $% +, +''(($,+ *+%'7 %"

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    SE? HDB#6 ne a,n2 )e 1i$ 1 )e ne9 2ene$ain6 e8)@avv4 8,,e$8ia' 5ank

    1 In3ia6 9a in8$7$ae3 in A+2+ -.6 a1e$ )e Ree$ve Bank 1 In3ia a''9e3 ein2 +7 1 Bank in

    14

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    )e 7$ivae e8$% T)e Bank 9a 7$,e3 54 )e H+in2 Deve'7,en Finan8e C$7$ain i,ie36 a

    7$e,ie$ )+in2 1inan8e 8,7an4 (e +7 in -# 1 In3ia%

    HISTORY

    T)e H+in2 Deve'7,en Finan8e C$7$ain i,ie3 (HDFC# 9a a,n2 )e 1i$ $e8eive an in

    7$in8i7'e a77$va' 1$, )e Ree$ve Bank 1 In3ia (RBI# e +7 a 5ank in )e 7$ivae e8$6 a 7a$ 1

    )e RBI 'i5e$a'iain 1 )e In3ian Bankin2 In3+$4 in -.% T)e 5ank 9a in8$7$ae3 in A+2+

    -. in )e na,e 1 HDFC Bank i,ie36 9i) i $e2ie$e3 11i8e in M+,5ai6 In3ia% HDFC Bank

    8,,en8e3 7e$ain a a S8)e3+'e3 C,,e$8ia' Bank in an+a$4 -*%

    BRANCH NET$OR%

    C+$$en'4 HDFC Bank )a -.-/ 5$an8)e6 !" ATM6 in **0 8iie in In3ia6 an3 a''5$an8)e 1 )e 5ank

    a$e 'inke3 n an n'ine $ea'@i,e 5ai% T)e 5ank 11e$ ,an4 innvaive 7$3+8 & e$vi8e

    in3ivi3+a'6 8$7$ae6 $+6 2ve$n,en6 7a$ne$)i76 1inan8ia' ini+in6 ,++a' 1+n36 in+$an8e

    8,7anie% I i a 7a) 5$eake$ in )e In3ian 5ankin2 e8$% In "00 HDFC Bank a8

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    T$an1e$ 1$, ne HDFC Bank a88+n )e$ HDFC Bank a88+n )'3e$ (+n3e$ 3iin8 8+,e$

    ID#

    T$an1e$ 1$, HDFC Bank a88+n an4 )e$ Bank a88+n (a' kn9n a RTGS & NEFT#

    Via Mne4 T$an1e$

    T)i$3 Pa$4 De,an3 D$a1 )$+2) Ne Bankin2

    *. T,i+d P!+ty T+!"&-e+

    T)i$3@Pa$4 T$an1e$ i a Ne Bankin2 1ea+$e 1$ 9)i8) 4+ 9i'' nee3 4+$ +ni+$ M5i'e i n9 4+$ 5ank N9 a88e 4+$ 5ank a88+n an3 8n3+8 a

    ) 1 5ankin2 $ana8in )$+2) 4+$ ,5i'e6 9i) +$ +ni

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    Uin2 +$ M5i'e Bankin2 e$vi8e6 4+ 8an avai' 1 a ) 1 1ea+$e a 4+$ 1in2e$ i7

    Pe$1$, 1+n3 $an1e$

    Ge 4+$ 5a'an8e 3eai'

    O5ain 4+$ 'a $ana8in 3eai'

    Re

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    7)ne an4i,e 1$, an49)e$e an3 7a4 3i$e8'4 1$, 4+$ Bank a88+n% Avi3 )a'e 1 9i)3$a9in2

    8a) $ ea$8)in2 1$ a $eai'e$ 1$ 5+4in2 )e $e8)a$2e 8a$3%

    >+ 8an avai' 1 )i e$vi8e in 9 8nvenien 9a4?

    P$e7ai3 M5i'e Re1i'' n Ine$ne

    P$e7ai3 M5i'e Re1i'' n ATM

    PHONE BAN%IN(: >+$ 7)ne i n9 4+$ 5ank% W)en 4+ 3ia' in P)ne Bankin26 a vi8e 7$,7

    9i'' 2+i3e 4+ )$+2) )e va$i+ $ana8in% >+ ,a4 a' a'k a P)ne Banke$6 9) 9i'' 7$vi3e

    4+ 9i) )e $e+ 8an a' 2e )e 3eai' 1 )e 'a * $ana8in n 4+$ a88+n6 $ )ave a ,ini

    ae,en 1 'a $ana8in 1a;e3 a8$ 4+%

    b. E"5ui+e o" t,e *,e5ue &t!tu& >+ 8an +e P)ne Bankin2 8)e8k n )e a+ 1 8)e

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    #.Re5ue&t ! Dem!"d D+!-t 6 M!"!)e+$k

    S8k E;8)an2e (N>SE#%

    ICICI BAN% SER'ICES MOBILE BAN%IN(: Cn3+8in2 5ankin2 7e$ain +in2 )e ,5i'e

    7)ne )a 5een 1a 8a8)in2 +7 a$+n3 )e 9$'3 1$ i 8nvenien8e% We )ave 'a+n8)e3 ,5i'e e$vi8e

    in In3ia 8nvenien8e +$ 8+,e$% >+ 8an 3 4+$ 5ankin2 7e$ain iin2 an49)e$e6 an4i,e% I

    i 3i8$ee6 7e$na'ie3 an3 n 4+$ 7)ne% Ue i 9)en a a ,eein26 in a ,vie )a''6 9)i'e )avin2 4+$

    S+n3a4 5$+n8) $ a an4 )e$ 7'a8e 4+ 8ann ++a''4 e;7e8 2e )e in1$,ain 4+ 9an 1$, 4+$

    5ank% I i an e,79e$in2 an3 +e$@1$ien3'4 ,3e 1 a88ein2 4+$ 5ank a88+n% T 2e a$e36 ake a

    'k a )e ,en+ n )e 'e1 an3 2 )$+2) +$ va$i+ e$vi8e%

    INTERNET BAN%IN(

    ICICI Bank 5$in2 8nvenien8e an3 e8+$i4 4+$ 3ek7% N9 4+ 8an 8)e8k 4+$ a88+n 5a'an8e6$an1e$ 1+n36 39n'a3 4+$ a88+n ae,en6 an3 7a4 5i'' $ even 5k i8ke n'ine6 1$, )e

    8,1$ 1 4+$ ),e $ in )e ,i33'e 1 a 5+4 3a4 a )e 11i8e% E;7'$e )e 79e$ 1 i,7'e$ an3

    ,a$e$ Bankin2 9)e)e$ 4+ a$e a Bankin26 C$e3i Ca$36 an $ De,a 8+,e$%

    ATM BAN%IN(

    Bank ".: )$+2) a 9i3e7$ea3 ne9$k 1 ICICI Bank ATM ,akin2 'i1e ea4 an3 8nvenien 1$ 4+%

    Ue$@1$ien3'4 2$a7)i8 8$een an3 ea4 1''9 in$+8in avai'a5'e in a 8)i8e 1 '8a' 'an2+a2e6

    ,ake ATM Bankin2 9i) ICICI Bank a ,)e$ e;7e$ien8e% ICICI Bank 9i3e7$ea3 ne9$k 1

    1

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    ATM ,ake i ea4 an3 8nvenien 1$ 4+ 5ank ".:% Wi) ve$ .6!! ATM an3 -6/"/ 5$an8)e

    e +7 9i)in In3ia6 9e en+$e )a 4+ a$e neve$ 1a$ 1$, an ICICI Bank ATM% Ue$ 1$ien3'4 2$a7)i8

    8$een an3 ea4 1''9 in$+8in in a 8)i8e 1 '8a' 'an2+a2e6

    ,ake ATM Bankin2 9i) ICICI Bank a ,) e;7e$ien8e% ICICIBank%8, a' 1ea+$e )e ea4

    a88e ATM 8a$6 ,akin2 i ea4 1$ 4+ 1in3 an ICICI Bank ATM in 4+$ nei2)5+$)3%

    T,e ICICI B!"# ed)e

    Ca) 9i)3$a9a' +7 R% "*6000:@ 7e$ 3a4 1$, 4+$ a88+n (*06000 1$ HNI#% Fa Ca) 7in

    1a8i'iae 9i)3$a9a' 1 7$e1i;e3 a,+nL U'$a Fa Ca) a''9 9i)3$a9a' 1 R% 000:@ in ne )

    C)e8k 4+$ 'e32e$ 5a'an8e an3 avai'a5'e 5a'an8e

    P$in + 4+$ Mini Sae,en 9)i8) 3i7'a4 4+$ 'a ! $ana8in an3 )e 8+$$en 5a'an8e

    De7i Ca) : C)e

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    Pa4,en 1 in+$an8e 7$e,i+,

    P'a8e,en 1 e$vi8e $e

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    H-? Eae 1 +e 3e in1'+en8e )e +e 1 E Bankin2 e$vi8e%

    DIRECT ACCESS

    H? Di$e8 A88e 3e n in1'+en8e )e +e 1 E Bankin2 e$vi8e%

    H-? Di$e8 A88e 3e in1'+en8e )e +e 1 E Bankin2 e$vi8e%

    FRIENDS6RELATI'ES

    H? F$ien3:Re'aive 3 n in1'+en8e )e +e 1 E Bankin2 e$vi8e%

    H-? F$ien3:Re'aive 3 in1'+en8e )e +e 1 E Bankin2 e$vi8e%

    SCOPE OF THE STDY

    A$ea i $e$i8e3 n'4 VADODARA & ANAND 5e8a+e 3+e )e i,e 8n$ain an3 n a5'e

    vii a'' )e 5$an8)e in )e$ 8iie $ ae%

    A'' )e 8'ae 1 )e 8+,e$ 9e$e aken in 8ni3e$ain%

    T)i +34 9a 8ve$e3 E@Bankin2 e$vi8e e8$%

    T)i i a $ea'ii8 +$8e 3i$e8'4 8''e8e3 1$, )e 8+,e$ 1 Bank%

    RESEARCH METHODOLO(Y

    Re&e!+*, i 3e1ine3 a )+,an a8ivi4 5ae3 n ine''e8+a' a77'i8ain in )e invei2ain 1 ,ae$% T)e

    7$i,a$4 7+$7e 1$ a77'ie3 $eea$8) i 3i8ve$in26 ine$7$ein26 an3 )e 3eve'7,en 1 ,e)3 an3

    4e, 1$ )e a3van8e,en 1 )+,an kn9'e32e n a 9i3e va$ie4 1 8ieni1i8 ,ae$ 1 +$ 9$'3 an3

    )e +nive$e% T)e e$, research i a' +e3 3e8$i5e an eni$e 8''e8in 1 in1$,ain a5+ a

    7a$i8+'a$ +5=e8%

    Met,odoo)y i )e ,e)3 1''9e3 9)i'e 8n3+8in2 )e +34 n a 7a$i8+'a$ 7$=e8% T)$+2) )i

    ,e)3'24 a 4e,ai8 +34 i 8n3+8e3 n )e 5ai 1 9)i8) )e 5ai 1 a $e7$ i 7$3+8e3% I i

    a 9$ien 2a,e 7'an 1$ 8n3+8in2 Reea$8)% Reea$8) ,e)3'24 )a ,an4 3i,enin% I in8'+3e

    n n'4 )e $eea$8) ,e)3 5+ a' 8ni3e$ )e '2i8 5e)in3 )e ,e)3 +e3 in )e 8ne; 1 )e

    +34 an3 e;7'ain 9)4 n'4 a 7a$i8+'a$ ,e)3 $ e8)ni

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    5e a77'i8a5'e 8e$ain 7$5'e, an3 )e$ 9i'' n% T)e$e1$e in $3e$ 've a $eea$8) 7$5'e,6 i i

    ne8ea$4 3ei2n a $eea$8) ,e)3'24 1$ )e 7$5'e, a )e ,e ,a4 3i11e$ 1$, 7$5'e,

    7$5'e,% T)e ,e)3'24 a37e3 1$ +34in2 )e 5=e8ive 9a +$ve4in2 )e in@)+e 8+,e$ 1

    )ee 9 5ank in )e 8i4 1 VADODARA & ANAND%

    NATRE

    T)e ,e)3'24 a37e3 a8)ieve )e 7$=e8 5=e8ive inv've3 3e8$i7ive $eea$8) ,e)3% T)e

    in1$,ain $e

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    SECONDARY DATA:

    A$i8'e n E@Bankin2 aken 1$, =+$na'6 ,a2aine 7+5'i)e3 1$, i,e i,e%

    T)$+2) ine$ne%

    PRIMARY DATA:

    J+einnai$e 9a +e3 8''e8 7$i,a$4 3aa 1$, $e7n3en% T)e

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    CHAPTER 0: DATA ANALYSIS INTERPETATION

    I'%0!;!0%"%$': T!" %") )!$#) !+ +$%(/ $ %")$,'",) (.". 6 +%"+") #!$ +%" )(, !" E-0+,(, )"%(*") +,' 24 +%" !" "+" #!$ +%"

    25

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    )(, E-0+,(, )"%(*"). F"+" +%" ,$ )(, !() )"%(*" 0"*+)" !"/ !+"")) ,$#"'" +0$ !" (,"%," +,' !"/ %) +*" $ +*" (,"%+*($, $%".S$ ( )!$#) !+ E-0+,(, () $%" +$) +$, +".

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    26

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    27/68

    I'%0!;!0%"%$': T!" %") )!$#) !+ +$%(/ $ %")$,'",) !+ +%" )(,E0+,(, +%" B)(,"))+, (.". 32 !"/ +%" )(, E-0+,(, )"%(*") 0"*+)" (%")) (, (" )+(,. A,' 2 %")$,'",) +%" #$%(, (, %(+" )"*$% +,'24 %")$,'",) +%" #$%(, (, $"%,", $%+,(J+($,) +,' 1 +%" $!"%)#!(*! (,*'" )'",) +,' !$)"#(") !"/ +%" )(, E-0+,(, 0"*+)" ()+") (" +,' )'",) !"/ !+" *$"" ,$#"'" $ (,"%,".

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    I'%0!;!0%"%$':T!" %") $ !() )'/ )!$#) !+ 32 $ !" %")$,'",) #!$+%" )(, E-0+,(, + ,'"% !" (,*$" *+"$%/ $ 1;7;;;-257;;; +,' 3;+) ,'"% !" (,*$" *+"$%/ $ 257;;; $ 5;7;;; +,' 23 +) ,'"% !"

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    =1 I" 4,i*, b!"# do you ,!>e you+ !**ou"t/

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    I'%0!;!0%"%$': A**$%'(, $ !() )'/ +$%(/ $ %")$,'",) (.". 5 !+"!"(% +**$,) (, 0$! !" 0+,) HDFC +,' ICICI 0+, +,' 16 %")$,'",)!+" !"(% +**$, (, ICICI B+, +,' 26 !+" !"(% +**$, (, HDFC 0+, )$ ("+,) + +%" ,$. $ %")$,'",) !+" ">"%(",*" $ 0$! !" 0+,).

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    I'%0!;!0%"%$': A**$%'(, $ !() )%"/ +$%(/ $ %")$,'",) (.".3 #"%"+#+%" +0$ E-0+,(, )"%(*") %$('"' 0/ !"(% 0+, +,' 2 $ %")$,'",)#"%" ,$ +#+%" +0$ !" E-0+,(, )"%(*") %$('"' 0/ !"(% 0+, + !" ("$ $",(, $ !"(% +**$, 0"*+)" $ +* $ +#+%",")) +,' )$" +%" )(,0+,(, )"%(*") %$ +) )$ +,/ /"+%) + !+ (" 0+, #+) ,$ $"%(, E-0+,(, )"%(*" )$ !"/ #"%" ,$ +#+%" + !+ (" 0 ,$# !"/ +%" +#+%".

    =? I- !"&4e+ to 5ue&tio" "o.2 i& YES@ 4,i*, o- t,e -oo4i") Eb!"#i") &e+>i*e& i& you

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    I'%0!;!0%"%$': A**$%'(, $ !() )'/ +$) ""%/ *)$"% () )(, $%"$," E0+,(,)"%(*" +,' D"0( C+%' () )"' 0/ +$) 5 $ %")$,'",) +,' $0("0+,(, () )"' 0 $ %")$,'",) +,' 61 %")$,'",) +%" )(, !$,"0+,(, +,' $,/ 1 +%" )(, $," (," 0+,(, !() )!$#) !" %",' !+ !$#

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    = i- !"&4e+ to 5ue&tio" "o.0 i& ye&@ ,o4 -+e5ue"ty do you u&e e!*, o- t,e

    -oo4i") &e+>i*e&/

    32

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    I'%0!;!0%"%$': T!" %")) )!$#) +$%(/ $ !" %")$,'",) )" (,"%,"0+,(,7 +). 55 %")$,'",) +%" (" $ )" (,"%," 0+,(, 0"*+)" +**$%'(,$ !" () "+)/ $ )" +,' "+)(/ +**"))(0". T!"/ *+, )" !() +,/ ("+,/#!"%". S$ () $$' $% !" $ )" !() +*((/ $ E- 0+,(, !"/ +%")+()("' #(! !() +*((/ $ E 0+,(,.

    33

  • 8/12/2019 49627165 Consumer Behaviour Towards E Banking Final Report

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    34

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    I'%0!;!0%"%$': T!" %")) )!$#) +$%(/ $ !" %")$,'",) )" $," (,"0+,(,7 +). 31 %")$,'",) +%" (" $ )" $," (," 0+,(, 0 $," (,"0+,(, () )"' 0/ "%/ ")) %")$,'",) 0"*+)" !"/ +%" ,$ / +#+%" +0$!() +*((/ %$('"' 0/ 0+,) )$ !" +(, $*) () $, (,"%," 0+,(,7 $0("0+,(,7 !$," 0+,(, "*. S$ !"/ '$, !+" +,/ ,$#"'" +0$ !" $,"(," 0+,(,.

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    35

  • 8/12/2019 49627165 Consumer Behaviour Towards E Banking Final Report

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    )"' !() +*((/ +"% !" (,"%," 0+,(, 0"*+)" () !" +(, +*((/ #!(*! ())"'0/ !" *)$"%) +,' !"/ %"+/ (" !() +*((/.

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    36

  • 8/12/2019 49627165 Consumer Behaviour Towards E Banking Final Report

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    I'%0!;!0%"%$' 5 !0#$% "!# '($'0: A**$%'(, $ !" )%"/ *$,'*"'

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