Company Profile

STATE BANK OF INDIA:

The origin of the State Bank of India goes back to the first decade of the
nineteenth century with the establishment of the Bank of Calcutta in
Calcutta on 2 June 1806. Three years later the bank received its charter and
was re-designed as the Bank of Bengal (2 January 1809). A unique
institution, it was the first joint-stock bank of British India sponsored by the
Government of Bengal. The Bank of Bombay (15 April 1840) and the Bank
of Madras (1 July 1843) followed the Bank of Bengal. These three banks
remained at the apex of modern banking in India till their amalgamation as
the Imperial Bank of India on 27 January 1921.
Primarily Anglo-Indian creations, the three presidency banks came
into existence either as a result of the compulsions of imperial finance or by
the felt needs of local European commerce and were not imposed from
outside in an arbitrary manner to modernise India's economy. Their
evolution was, however, shaped by ideas culled from similar developments
in Europe and England, and was influenced by changes occurring in the
structure of both the local trading environment and those in the relations of
the Indian economy to the economy of Europe and the global economic
framework.

Bank of Bengal H.O.

Establishment:

The establishment of the Bank of Bengal marked the advent of limited

liability, joint-stock banking in India. So was the associated innovation in
banking, viz. the decision to allow the Bank of Bengal to issue notes, which
would be accepted for payment of public revenues within a restricted
geographical area. This right of note issue was very valuable not only for the
Bank of Bengal but also its two siblings, the Banks of Bombay and Madras.
It meant an accretion to the capital of the banks, a capital on which the
proprietors did not have to pay any interest. The concept of deposit banking
was also an innovation because the practice of accepting money for
safekeeping (and in some cases, even investment on behalf of the clients) by
the indigenous bankers had not spread as a general habit in most parts of
India. But, for a long time, and especially upto the time that the three
presidency banks had a right of note issue, bank notes and government
balances made up the bulk of the investible resources of the banks.
The three banks were governed by royal charters, which were revised
from time to time. Each charter provided for a share capital, four-fifth of
which were privately subscribed and the rest owned by the provincial

government. The members of the board of directors, which managed the

affairs of each bank, were mostly proprietary directors representing the large
European managing agency houses in India. The rest were government
nominees, invariably civil servants, one of whom was elected as the
president of the board.

Group Photogaph of Central Board (1921)

Business:
The business of the banks was initially confined to discounting of bills of
exchange or other negotiable private securities, keeping cash accounts
and receiving deposits and issuing and circulating cash notes. Loans
were restricted to Rs.one lakh and the period of accommodation confined
to three months only. The security for such loans was public securities,
commonly called Company's Paper, bullion, treasure, plate, jewels, or
goods 'not of a perishable nature' and no interest could be charged
beyond a rate of twelve per cent. Loans against goods like opium, indigo,
salt woollens, cotton, cotton piece goods, mule twist and silk goods were
also granted but such finance by way of cash credits gained momentum
only from the third decade of the nineteenth century. All commodities,
including tea, sugar and jute, which began to be financed later, were
either pledged or hypothecated to the bank. Demand promissory notes
were signed by the borrower in favour of the guarantor, which was in
turn endorsed to the bank. Lending against shares of the banks or on the
mortgage of houses, land or other real property was, however, forbidden.
Indians were the principal borrowers against deposit of Company's
paper, while the business of discounts on private as well as salary bills
was almost the exclusive monopoly of individuals Europeans and their
partnership firms. But the main function of the three banks, as far as the
government was concerned, was to help the latter raise loans from time
to time and also provide a degree of stability to the prices of government
securities.

Old Bank of Bengal

Major change in the conditions:
A major change in the conditions of operation of the Banks of Bengal,
Bombay and Madras occurred after 1860. With the passing of the Paper
Currency Act of 1861, the right of note issue of the presidency banks was
abolished and the Government of India assumed from 1 March 1862 the sole
power of issuing paper currency within British India. The task of
management and circulation of the new currency notes was conferred on the
presidency banks and the Government undertook to transfer the Treasury
balances to the banks at places where the banks would open branches. None
of the three banks had till then any branches (except the sole attempt and
that too a short-lived one by the Bank of Bengal at Mirzapore in 1839)
although the charters had given them such authority. But as soon as the three
presidency bands were assured of the free use of government Treasury
balances at places where they would open branches, they embarked on
branch expansion at a rapid pace. By 1876, the branches, agencies and sub
agencies of the three presidency banks covered most of the major parts and
many of the inland trade centres in India. While the Bank of Bengal had
eighteen branches including its head office, seasonal branches and sub
agencies, the Banks of Bombay and Madras had fifteen each.

Bank of Madras Note Dated 1861 for Rs.10

Presidency Banks Act:

The presidency Banks Act, which came into operation on 1 May 1876,
brought the three presidency banks under a common statute with similar
restrictions on business. The proprietary connection of the Government was,
however, terminated, though the banks continued to hold charge of the
public debt offices in the three presidency towns, and the custody of a part of
the government balances. The Act also stipulated the creation of Reserve
Treasuries at Calcutta, Bombay and Madras into which sums above the
specified minimum balances promised to the presidency banks at only their
head offices were to be lodged. The Government could lend to the
presidency banks from such Reserve Treasuries but the latter could look
upon them more as a favour than as a right.

Bank of Madras

The decision of the Government to keep the surplus balances in

Reserve Treasuries outside the normal control of the presidency banks and
the connected decision not to guarantee minimum government balances at
new places where branches were to be opened effectively checked the
growth of new branches after 1876. The pace of expansion witnessed in the
previous decade fell sharply although, in the case of the Bank of Madras, it
continued on a modest scale as the profits of that bank were mainly derived
from trade dispersed among a number of port towns and inland centres of the
presidency.
India witnessed rapid commercialisation in the last quarter of the
nineteenth century as its railway network expanded to cover all the major
regions of the country. New irrigation networks in Madras, Punjab and Sind
accelerated the process of conversion of subsistence crops into cash crops, a
portion of which found its way into the foreign markets. Tea and coffee
plantations transformed large areas of the eastern Terais, the hills of Assam
and the Nilgiris into regions of estate agriculture par excellence. All these
resulted in the expansion of India's international trade more than six-fold.
The three presidency banks were both beneficiaries and promoters of this
commercialisation process as they became involved in the financing of
practically every trading, manufacturing and mining activity in the subcontinent. While the Banks of Bengal and Bombay were engaged in the
financing of large modern manufacturing industries, the Bank of Madras
went into the financing of large modern manufacturing industries, the Bank
of Madras went into the financing of small-scale industries in a way which
had no parallel elsewhere. But the three banks were rigorously excluded
from any business involving foreign exchange. Not only was such business

considered risky for these banks, which held government deposits, it was
also feared that these banks enjoying government patronage would offer
unfair competition to the exchange banks which had by then arrived in India.
This exclusion continued till the creation of the Reserve Bank of India in
1935.

Bank of Bombay
Presidency Banks of Bengal
The presidency Banks of Bengal, Bombay and Madras with their 70
branches were merged in 1921 to form the Imperial Bank of India. The triad
had been transformed into a monolith and a giant among Indian commercial
banks had emerged. The new bank took on the triple role of a commercial
bank, a banker's bank and a banker to the government.
But this creation was preceded by years of deliberations on the need
for a 'State Bank of India'. What eventually emerged was a 'half-way house'
combining the functions of a commercial bank and a quasi-central bank.
The establishment of the Reserve Bank of India as the central bank of
the country in 1935 ended the quasi-central banking role of the Imperial
Bank. The latter ceased to be bankers to the Government of India and

instead became agent of the Reserve Bank for the transaction of government
business at centres at which the central bank was not established. But it
continued to maintain currency chests and small coin depots and operate the
remittance facilities scheme for other banks and the public on terms
stipulated by the Reserve Bank. It also acted as a bankers' bank by holding
their surplus cash and granting them advances against authorised securities.
The management of the bank clearing houses also continued with it at many
places where the Reserve Bank did not have offices. The bank was also the
biggest tenderer at the Treasury bill auctions conducted by the Reserve Bank
on behalf of the Government.
The establishment of the Reserve Bank simultaneously saw important
amendments being made to the constitution of the Imperial Bank converting
it into a purely commercial bank. The earlier restrictions on its business were
removed and the bank was permitted to undertake foreign exchange business
and executor and trustee business for the first time.
Imperial Bank
The Imperial Bank during the three and a half decades of its existence
recorded an impressive growth in terms of offices, reserves, deposits,
investments and advances, the increases in some cases amounting to more
than six-fold. The financial status and security inherited from its forerunners
no doubt provided a firm and durable platform. But the lofty traditions of
banking which the Imperial Bank consistently maintained and the high
standard of integrity it observed in its operations inspired confidence in its
depositors that no other bank in India could perhaps then equal. All these

enabled the Imperial Bank to acquire a pre-eminent position in the Indian

banking industry and also secure a vital place in the country's economic life.

Stamp of Imperial Bank of India

When India attained freedom, the Imperial Bank had a capital base
(including reserves) of Rs.11.85 crores, deposits and advances of Rs.275.14
crores and Rs.72.94 crores respectively and a network of 172 branches and
more than 200 sub offices extending all over the country.

First Five Year Plan:

In 1951, when the First Five Year Plan was launched, the development of
rural India was given the highest priority. The commercial banks of the
country including the Imperial Bank of India had till then confined their
operations to the urban sector and were not equipped to respond to the
emergent needs of economic regeneration of the rural areas. In order,
therefore, to serve the economy in general and the rural sector in particular,
the All India Rural Credit Survey Committee recommended the creation of a
state-partnered and state-sponsored bank by taking over the Imperial Bank
of India, and integrating with it, the former state-owned or state-associate

banks. An act was accordingly passed in Parliament in May 1955 and the
State Bank of India was constituted on 1 July 1955. More than a quarter of
the resources of the Indian banking system thus passed under the direct
control of the State. Later, the State Bank of India (Subsidiary Banks) Act
was passed in 1959, enabling the State Bank of India to take over eight
former State-associated banks as its subsidiaries (later named Associates).
The State Bank of India was thus born with a new sense of social
purpose aided by the 480 offices comprising branches, sub offices and three
Local Head Offices inherited from the Imperial Bank. The concept of
banking as mere repositories of the community's savings and lenders to
creditworthy parties was soon to give way to the concept of purposeful
banking subserving the growing and diversified financial needs of planned
economic development. The State Bank of India was destined to act as the
pacesetter in this respect and lead the Indian banking system into the
exciting field of national development.

BOARD OF DIRECTORS:
Central Board of State Bank of India
(As on 13th January 2009)
Sr. No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.

Name of Director
Shri O.P. Bhatt

Sec. of SBI Act, 1955

Chairman
Shri S.K. Bhattacharyya
MD & CC&RO
Shri R. Sridharan
MD & GE(A&S)
Dr. Ashok Jhunjhunwala
Shri Dileep C. Choksi
Shri S. Venkatachalam
Shri. D. Sundaram
Dr. Deva Nand Balodhi
Prof. Mohd. Salahuddin Ansari
Dr.(Mrs.) Vasantha Bharucha
Dr. Rajiv Kumar
Shri Arun Ramanathan
Smt. Shyamala Gopinath

SHARE HOLDER INFO

STATE BANK OF INDIA
CENTRAL OFFICE MUMBAI - 400 021.
A-SHARES AND BONDS CERTIFICATE

19(a)
19(b)
19(b)
19(c)
19(c)
19(c)
19(c)
19(d)
19(d)
19(d)
19(d)
19(e)
19(f)

CONSOLIDATION OF FOLIOS
For the convenience of payment of dividend, transfer etc., it is desirable
that the Shares held in different folios in the same names may be
consolidated into one folio. For the purpose, it is required that all the
original share certificates alongwith a request letter requesting for
consolidation may be sent to the Registrars, M/s Datamatics Financial
Services Ltd.
DEFACED/MUTILATED SHARE CERTIFICATE
A defaced/mutilated share certificate is not accepted as good delivery in
the share market.
If Your share certificate has been defaced or mutilated but material
part like Share Certificate no., number of shares, signatures are intact,
you may forward the certificate to M/s Datamatics Financial Services
Ltd. , Transfer Agents, with a letter signed by all the shareholders giving
details of circumstances under which the same was defaced/mutilated.
In case the material parts are missing or totally illegible, it will be
treated as a case of loss of share certificate.
DELETION/ADDITION OF NAME
If the shares are held in Joint Names of two or three persons and deletion
or addition in the names is required, it amounts to transfer of shares. You
may send your request alongwith share certificate(s) and duly filled in

and stamped transfer form to M/s Datamatics Financial Services Ltd. ,

Transfer Agents, for necessary changes.
DELETION OF NAME OF THE DECEASED JOINT HOLDER
An application signed by the surviving member alongwith original or an
attested/notarised copy of death certificate issued by the competent
authority may be sent to M/s Datamatics Financial Services Ltd. ,
Transfer Agents.
M/s Datamatics Financial Services Ltd. will take appropriate
actions and return the share certificate(s) after doing the needful.

ISSUE OF DUPLICATE SHARE CERTIFICATE

In case of loss of share certificate from the custody of share holder or
share certificate sent for transfer but lost in transit before transfer. In case
of loss of share certificate from the custody of share holder or share
certificate sent for transfer but lost in transit before transfer Lodge an
FIR / Complaint with the nearest Police Station.
Notify loss of Share Certificate to M/s Datamatics Financial
Services Ltd. , Transfer Agents, through letter giving details like Ledger
Folio no., Share Certificate no., number of shares etc., alongwith copy of
FIR/ Acknowledged Police Complaint lodged with Police.
M/s Datamatics Financial Services Ltd., will take a note of it and
may decide to mark stop transfer against the Share Certificate. They

will also arrange to send a set of documents (affidavit, indemnity, surety

form, and questionnaire) to be executed by the share holder(s) for
obtaining the duplicate share certificate.
M/s Datamatics Financial Services Ltd., will issue duplicate Share
Certificate after completion of necessary formalities.

LODGEMENT OF SHARES FOR TRANSFER

Use form 7-B as prescribed in Companies Act 1956 (Section 108(1A) for
share transfer (Annexure A).
The form should be used within its validity of one year or book
closure whichever is later.
All the columns of the transfer form should be filled in properly
and admissible stamps(Special Adhesive share transfer stamps) to be
affixed on the transfer deed @ 0.25% of the market value of shares
prevailing on the date of lodgment for transfer.

The details to be filled in the share transfer form are:

(a) Name of the Company - STATE BANK OF INDIA
(b)Name of the Stock Exchange if purchased through Stock Exchange

(c) Number of shares in figures & words

(d)Consideration (Market Price as on date of lodgment) in figures &
words
(e) Share Certificate Nos. and Distinctive Nos. of shares in all the
Share Certificates should be mentioned in the transfer form
(f) Ledger folio of seller (transferor)
(g)Names of transferor(s) and their signature(s).
(h)

Signatures, name and full address of witness

(i) Witness should be other than transferor(s).

(j) Name/s of the transferee/s and their signatures
(k)Occupation, address of transferee and name of the Father/Husband
of transferee
(l) If already holding shares give existing Ledger Folio Number.

(m)

Mention value of stamps affixed

(n)

Mention date of execution on which the document has been

executed and ensure that it should be later than the date mentioned
in the stamp impression affixed by the Registrar of Companies

(o)

Mention place of signing of transfer form.

(p)

All the transferee should sign in the place provided for

specimen signature.

(q)

On the back side of the transfer form write details of Power of

Attorney Holder if PA is given.

(r)

Give address on which the share certificates are to be

dispatched by the Bank/Transfer Agent.

(s)

Affix share transfer stamps (Spl. Adhesive) in the space

provided @ 0.25% of market value of shares.

(t)

Enclose share certificates mentioned in the transfer form and

forward the same to M/s Datamatics Financial Services Ltd.,for
effecting transfer by Registered Post A/D or deliver at the counter at
M/s Datamatics Financial Services Ltd., by hand and obtain
acknowledgement.

NON-RECEIPT OF SHARES AFTER ALLOTMENT

If you have received allotment advice but not the Share Certificates till
date, then write to M/s Datamatics Financial Services Ltd., Transfer
Agents, furnishing the following details.
(a) Ledger folio no., Allotment advice no. and number of shares
allotted (enclose copy of allotment advice)
(b)In absence of allotment advice or Ledger Folio no., please send a
copy of the acknowledgment/receipt of application made for issue
of shares.
(c) Share Transfer Agent will advise the status of shares allotted and
other details to you.
NON-RECEIPT OF SHARES SENT FOR TRANSFER
If you have not received the shares sent for transfer, duly transferred,
within a reasonable period, say one month, you may write M/s
Datamatics Financial Services Ltd., giving the undernoted details:
(a) Name of transferee & transferor
(b)Number of shares
(c) Share Certificate no.

(d)Ledger Folio no. of transferor

(e) Date of Lodgment
(f) Copy of acknowledgement received on lodgment
REVALIDATION OF SHARE TRANSFER DEED.
The transfer deed is valid for one year or up to the date of book closure
whichever is later, from the date stamp of Registrar of Companies on the
transfer deed (form).
For revalidation of the transfer deed, a demand draft of Rs.50/(Rupees Fifty only) per transfer deed drawn in favor of SBI along with
the original Share Certificate and duly filled in transfer deed are to be
sent to M/s Datamatics Financial Services Ltd., along with the request
for revalidation in prescribed form.
SUB-DIVISION OF SHARE CERTIFICATES
If desired, share certificate can be sub-divided, subject to a minimum of
50 Shares (Marketable Lot).
You may apply for Sub-Division of Shares to M/s Datamatics
Financial Software & Solutions Ltd., enclosing with the share certificate,
duly signed by all the shareholders.
TRANSPOSITION OF SHARES
Transposition is the change in the order of the names of joint holders in
the share certificate. The shareholders are required to send a request

letter to M/s Datamatics Financial Services Ltd., Transfer Agents, signed

by all the joint holders indicating the new/fresh order in which the names
should appear in the share certificate.
The original Share Certificate along with the request letter may be
forwarded to the Share Transfer Agent. Share Transfer Agent will verify
the signatures of shareholders with the signatures available on record and
if satisfied, accede to the request of shareholders and dispatch the Share
Certificate to them at their recorded address.
TRANSMISSION OF SHARES IN THE EVENT 0F DEATH OF
THE SOLE SHARE HOLDER
In case the shareholding of the single deceased shareholder is maximum
of 500 shares of Rs.10 each subject to a maximum market value of Rs.3
lacs on the latest available quotation of the Stock Exchange, Mumbai and
the deceased has left no other assets in his name requiring legal
representation, M/s Datamatics Financial Services Ltd., Transfer Agents
should be intimated of the death of the shareholder along with the
original or attested copy of the death certificate.
In case the shareholding is over 500 shares or the value of shares
exceeds Rs. 3 lac, Legal heirs should obtain proper legal representations
like Succession Certificate/Letter of Administration/Probate of the Will
as applicable and forward the share certificates together with legal
representation to M/s Datamatics Financial Services Ltd.

Legal heirs should submit the Death Certificate and duly

prescribed stamped documents as under:(a) Title Claim Form
(b)Affidavit sworn in by the claimants
(c) Heirship Certificate from revenue authority if issued in a particular
area/Sworn Affidavit
(d)No Objection Certificate from other heirs in favor of person
claiming the title to shares
(e) Surety Form
(f) Indemnity
The above procedure will not be applicable to shares in demat form.
Please note that all communications in respect of demat shares should be
addressed to the concerned Depository Participant where demat account
is maintained and not to M/s Datamatics Financial Services Ltd. /or the
Bank.
B-NOMINATION FACILITY
There is no provision in SBI Act for nomination in case of SBI equity
shares.
For your convenience, you may hold shares in joint name. The
shares can be held in the names of maximum three persons.
If you are holding shares in a single name and want to add one or
two names, you may send your share certificate along with duly filled in

transfer deed to M/s Datamatics Financial Services Ltd.Please remember

that, the maximum number of holders of shares should not exceed three.
C-DEMATERIALISATION OF SHARES
For Dematerialisation of shares, an account with Depository Participant
(DP) is required to be opened in the style in which the shares are held.
On opening an account with Depository Participant (DP), the
Share Certificates along with duly filled in Demat Request Form are to
be submitted to Depository Participant (DP) for Dematerialisation.
Depository Participant(DP) will electronically advise Depository:(a) Details of shares lodged for demat and
(b)Forward the Demat Request Form & Share Certificate to the Share
Transfer Agents (M/s Datamatics Financial Services Ltd. ) for
cancellation of share certificates in physical form and crediting the
shares with Depository Participant(DP).

D-DIVIDEND:
NON-RECEIPT/LOSS OF DIVIDEND WARRANT

Write to M/s Datamatics Financial Services Ltd., under your signature,

furnishing details like Ledger Folio No. , Certificate. No., Number of
shares, change of address, if any, and period for which dividend is not
received, if the shares are held in physical form.
If the shares are held in demat form furnish details like, client ID,
DPID name of Depository Participant (DP) & Depository and period for
which dividend is not received.
M/s Datamatics Financial Services Ltd. will advise you suitably in
the matter.
REVALIDATION OF DIVIDEND WARRANT
The dividend warrants not encashed within their validity period, are
required to be revalidated.
Dividend warrant may be sent to the M/s Datamatics Financial
Services Ltd., with a request to revalidate the same and return.
M/s Datamatics Financial Services Ltd., will take appropriate
action and advise the same.

ELECTRONIC CLEARING SYSTEM (ECS)

The ECS is a system through which interest/dividend amount is credited
in the bank accounts of the shareholders/investors without issuing paper

instrument (Dividend Warrants). The ECS facility is at present available

at Mumbai, New Delhi, Ahmedabad, Chennai, Kolkata, Bangalore,
Hyderabad, Bhubneshwar, Chandigarh, Guwahati, Jaipur, Kanpur,
Nagpur,

Patna

and

Thiruvananthapuram.

If

you

are

shareholder/bondholder located at these places and are interested in

using this system, please adopt the procedure.
If the shares are held in physical form, please send your request to
our Transfer Agents M/s Datamatics Financial Services Ltd., with
following details.
(a) Your ledger folio No./Client ID No
(b)Name of the Bank & Address of the Branch where you maintain
a/c
(c) Your account No. in the Branch to which you want that
Dividend/Interest to be credited
(d)A copy of cancelled cheque of the account to which the
Dividend/Interest is to be credited.
(e) On opting for the ECS, your account will be credited directly with
the amount of Dividend/Interest as applicable.
However, when the shares are in demat form please approach your
Depository Participant (DP) for availing this facility indicating therein
the details of account where the dividend/interest is to be credited.
E-CHANGE OF ADDRESS/BANK MANDATE
Any change in address should be communicated in writing under the
signature of shareholder(s) giving the earlier and new address Ledger

Folio No., Certificate No., Number of shares held etc. to M/s Datamatics
Financial Services Ltd., if the shares are in physical form.
If the shares are in dematerialized form, you may write to your
Depository Participant (DP) giving your client ID No. for change of
address.
F-NON-RECEIPT OF ANNUAL REPORTS
Write to M/s Datamatics Financial Services Ltd., furnishing your Ledger
Folio No., address, requesting for Annual Report. If you are holding
shares in demat form, furnish your Client ID, Depository Participant ID
(DPID), name of the Depository Participant & Depository.
M/s Datamatics Financial Services Ltd. will arrange to send the
Annual Report.
G-IMPORTANT ADDRESSES
a. TRANSFER AGENT
M/s Datamatics Financial Services Ltd.,
Unit: State Bank of India
Plot No. A 16 & 17, MIDC,
Part B, Crosslane, Marol,
Andheri (East)
MUMBAI 400093
Tel. No. 022 66712198 99 , 66712205, 022-66712151-56
Fax No. 022 66712204

b. SHARES & BONDS DEPARTMENT

General Manager,
State Bank of India,
Shares & Bonds Department,
Central Office, 8th floor,
Madame Cama Road,
MUMBAI 400021
Tel. No. 022 2288 3888, 022 2202 2678,
Fax No. 022 2285 5348

HDFC BANK:
The Housing Development Finance Corporation Limited (HDFC) was
amongst the first to receive an 'in principle' approval from the Reserve Bank
of India (RBI) to set up a bank in the private sector, as part of the RBI's
liberalisation of the Indian Banking Industry in 1994. The bank was
incorporated in August 1994 in the name of 'HDFC Bank Limited', with its
registered office in Mumbai, India. HDFC Bank commenced operations as a
Scheduled Commercial Bank in January 1995.
HDFC is India's premier housing finance company and enjoys an
impeccable track record in India as well as in international markets. Since its
inception in 1977, the Corporation has maintained a consistent and healthy
growth in its operations to remain the market leader in mortgages. Its
outstanding loan portfolio covers well over a million dwelling units. HDFC
has developed significant expertise in retail mortgage loans to different
market segments and also has a large corporate client base for its housing
related credit facilities. With its experience in the financial markets, a strong
market reputation, large shareholder base and unique consumer franchise,
HDFC was ideally positioned to promote a bank in the Indian environment.

Management:
Mr. Jagdish Capoor took over as the bank's Chairman in July 2001.
Prior to this, Mr. Capoor was a Deputy Governor of the Reserve Bank of
India.
The Managing Director, Mr. Aditya Puri, has been a professional
banker for over 25 years, and before joining HDFC Bank in 1994 was
heading Citibank's operations in Malaysia.
The Bank's Board of Directors is composed of eminent individuals
with a wealth of experience in public policy, administration, industry and
commercial banking. Senior executives representing HDFC are also on
the Board.
Senior banking professionals with substantial experience in India
and abroad head various businesses and functions and report to the
Managing Director. Given the professional expertise of the management
team and the overall focus on recruiting and retaining the best talent in
the industry, the bank believes that its people are

Capital Structure:
The authorised capital of HDFC Bank is Rs550 crore (Rs5.5 billion). The
paid-up capital is Rs424.6 crore (Rs.4.2 billion). The HDFC Group holds
19.4% of the bank's equity and about 17.6% of the equity is held by the ADS
Depository (in respect of the bank's American Depository Shares (ADS)
Issue). Roughly 28% of the equity is held by Foreign Institutional Investors

(FIIs) and the bank has about 570,000 shareholders. The shares are listed on
the Stock Exchange, Mumbai and the National Stock Exchange. The bank's
American Depository Shares are listed on the New York Stock Exchange
(NYSE) under the symbol 'HDB'.
HDFC Bank offers a wide range of commercial and transactional
banking services and treasury products to wholesale and retail customers.
The bank has three key business segments:
Wholesale Banking Services
The Bank's target market ranges from large, blue-chip manufacturing
companies in the Indian corporate to small & mid-sized corporates
and agri-based businesses. For these customers, the Bank provides a
wide range of commercial and transactional banking services,
including working capital finance, trade services, transactional
services, cash management, etc. The bank is also a leading provider of
structured solutions, which combine cash management services with
vendor and distributor finance for facilitating superior supply chain
management for its corporate customers. Based on its superior
product delivery / service levels and strong customer orientation, the
Bank has made significant inroads into the banking consortia of a
number of leading Indian corporates including multinationals,
companies from the domestic business houses and prime public sector
companies. It is recognised as a leading provider of cash management
and transactional banking solutions to corporate customers, mutual
funds, stock exchange members and banks.

 Retail Banking Services

The objective of the Retail Bank is to provide its target market customers
a full range of financial products and banking services, giving the
customer a one-stop window for all his/her banking requirements. The
products are backed by world-class service and delivered to customers
through the growing branch network, as well as through alternative
delivery channels like ATMs, Phone Banking, Net Banking and Mobile
Banking.
The HDFC Bank Preferred program for high net worth individuals,
the HDFC Bank Plus and the Investment Advisory Services programs
have been designed keeping in mind needs of customers who seek
distinct financial solutions, information and advice on various investment
avenues. The Bank also has a wide array of retail loan products including
Auto Loans, Loans against marketable securities, Personal Loans and
Loans for Two-wheelers. It is also a leading provider of Depository
Participant (DP) services for retail customers, providing customers the
facility to hold their investments in electronic form.
HDFC Bank was the first bank in India to launch an International
Debit Card in association with VISA (VISA Electron) and issues the
Mastercard Maestro debit card as well. The Bank launched its credit card
business in late 2001. By March 2008, the bank had a total card base
(debit and credit cards) of 9.1 million. The Bank is also one of the
leading players in the merchant acquiring business with over 61,000
Point-of-sale (POS) terminals for debit / credit cards acceptance at
merchant establishments. The Bank is well positioned as a leader in

various net based B2C opportunities including a wide range of internet

banking services for Fixed Deposits, Loans, Bill Payments, etc.
Treasury
Within this business, the bank has three main product areas - Foreign
Exchange and Derivatives, Local Currency Money Market & Debt
Securities, and Equities. With the liberalisation of the financial markets in
India, corporates need more sophisticated risk management information,
advice and product structures. These and fine pricing on various treasury
products are provided through the bank's Treasury team. To comply with
statutory reserve requirements, the bank is required to hold 25% of its
deposits in government securities. The Treasury business is responsible
for managing the returns and market risk on this investment portfolio.

Credit Rating
The Bank has its deposit programs rated by two rating agencies Credit Analysis & Research Limited (CARE) and Fitch Ratings
India Private Limited. The Bank's Fixed Deposit programme has
been rated 'CARE AAA (FD)' [Triple A] by CARE, which
represents instruments considered to be "of the best quality,
carrying negligible investment risk". CARE has also rated the
bank's Certificate of Deposit (CD) programme "PR 1+" which
represents "superior capacity for repayment of short term
promissory obligations". Fitch Ratings India Pvt. Ltd. (100%
subsidiary of Fitch Inc.) has assigned the "tAAA ( ind )" rating to
the Bank's deposit programme, with the outlook on the rating as

"stable". This rating indicates "highest credit quality" where

"protection factors are very high".
The Bank also has its long term unsecured, subordinated
(Tier II) Bonds rated by CARE and Fitch Ratings India Private
Limited and its Tier I perpetual Bonds and Upper Tier II Bonds
rated by CARE and CRISIL Ltd. CARE has assigned the rating of
"CARE AAA" for the subordinated Tier II Bonds while Fitch
Ratings India Pvt. Ltd. has assigned the rating "AAA (ind)" with
the outlook on the rating as "stable". CARE has also assigned
"CARE AAA [Triple A]" for the Banks Perpetual bond and Upper
Tier II bond issues. CRISIL has assigned the rating "AAA / Stable"
for the Bank's Perpetual Debt programme and Upper Tier II Bond
issue. In each of the cases referred to above, the ratings awarded
were the highest assigned by the rating agency for those
instruments.
Corporate Governance Rating
The bank was one of the first four companies, which subjected itself
to a Corporate Governance and Value Creation (GVC) rating by the
rating agency, The Credit Rating Information Services of India
Limited (CRISIL). The rating provides an independent assessment of
an entity's current performance and an expectation on its "balanced
value creation and corporate governance practices" in future. The
bank has been assigned a 'CRISIL GVC Level 1' rating which
indicates that the bank's capability with respect to wealth creation for

all its stakeholders while adopting sound corporate governance

practices is the highest.
HDFC Bank is headquartered in Mumbai. The Bank at present
has an enviable network of over

1412 branches spread over

528

cities across India. All branches are linked on an online real-time

basis. Customers in over 120 locations are also serviced through
Telephone Banking. The Bank's expansion plans take into account the
need to have a presence in all major industrial and commercial centres
where its corporate customers are located as well as the need to build
a strong retail customer base for both deposits and loan products.
Being a clearing/settlement bank to various leading stock exchanges,
the Bank has branches in the centres where the NSE/BSE have a
strong and active member base.
The Bank also has a network of about over

3275 networked

ATMs across these cities. Moreover, HDFC Bank's ATM network can
be accessed by all domestic and international Visa/MasterCard, Visa
Electron/Maestro, Plus/Cirrus and American Express Credit/Charge
cardholders.

BOARD OF DIRECTORS:
1. Mr. Jagdish Capoor
2. Mr. Aditya Puri
3. Mr. Keki M. Mistry
4. Mrs. Renu Karnad
5. Mr. Arvind Pande
6. Mr. Ashim Samanta
7. Mr. C M Vasudev
8. Mr. Gautam Divan
9. Dr. Pandit Palande
10.Mr. Paresh Sukthankar
11. Mr. Harish Engineer

1. Mr. Jagdish Capoor:

Mr. Jagdish Capoor holds a Masters degree in Commerce and is a Fellow

member of Indian Institute of Banking and Finance. Prior to joining the
Bank, Mr. Capoor was the Deputy Governor of the Reserve Bank of
India. He retired as Deputy Governor of Reserve Bank of India after
serving for 39 years. While with Reserve Bank of India, Mr. Capoor was
the Chairman of the Deposit Insurance and Credit Guarantee Corporation
of India and Bharatiya Reserve Bank Note Mudran Limited. He also
served on the boards of Export Import Bank of India, National Housing

Bank,

National

Bank

for Agriculture

and

Rural

Development

(NABARD) and State Bank of India.

Mr. Capoor is on the Boards of the Indian Hotels Company Limited,
Bombay Stock Exchange Limited, GHCL Limited, LIC Pension Fund
Limited, Assets Care Enterprise Limited and Quantum Trustee Co. Pvt.
Ltd. He is a member of the Board of Governors of the Indian Institute of
Management, Indore. Mr. Capoor is a Trustee of The Stock Exchange
Investors' Protection Fund and Sumati Capoor Charitable Trust.
Mr. Capoor is a member of the Audit Committees of Indian Hotels
Company Limited, GHCL Limited and Quantum Trustee Co. Pvt. Ltd.
He is chairman of Share Allotment and Shareholders Grievance
Committee of Bombay Stock Exchange Limited.
Mr. Capoor holds 300 equity shares in the Bank as on March 31,
2008.

2. Mr. Aditya Puri

Mr. Aditya Puri holds a Bachelors degree in Commerce from Punjab

University and is an associate member of the Institute of Chartered
Accountants of India. Mr. Aditya Puri has been the Managing Director of
the Bank since September 1994. He has about 35 years of banking
experience in India and abroad.

Prior to joining the Bank, Mr. Puri was the Chief Executive Officer
of Citibank, Malaysia from 1992 to 1994.
Mr. Puri holds 3, 37,953 equity shares in the Bank as on March 31,
2008.

3. Mr. Keki M. Mistry

Mr. Keki Mistry holds a Bachelor of Commerce degree in Advanced

Accountancy and Auditing and is also a Chartered Accountant. He was
actively involved in the setting up of several HDFC group companies
including HDFC Bank. Mr. Mistry has been deputed on consultancy
assignments for the Commonwealth Development Corporation (CDC) in
Thailand, Mauritius, Caribbean Islands and Jamaica. He has also worked
as a consultant for the Mauritius Housing Company and Asian
Development Bank.
Mr. Mistry is Vice Chairman & Managing Director of Housing
Development Finance Corporation Limited and Chairman of GRUH
Finance Limited. He is also a Director on the Board of HDFC
Developers Limited, HDFC Standard Life Insurance Co. Ltd, HDFC
General Insurance Company Limited, Infrastructure Leasing & Financial
Services Limited, Sun Pharmaceutical Industries Limited, The Great
Eastern Shipping Company Limited, NexGen Publishing Limited, India
Value Fund Advisors Private Limited, HDFC Asset Management

Company Limited, Greatship (India) Limited, Griha InvestmentsMauritius and Association of Leasing & Financial Services Companies.
Mr. Mistry is the Chairman of the Audit Committee of HDFC
General Insurance Company Limited, Sun Pharmaceutical Industries
Limited and The Great Eastern Shipping Company Limited. He is
member of Audit Committee of HDFC Standard Life Insurance
Company Limited, Gruh Finance Limited, Infrastructure Leasing &
Financial Services Limited and HDFC Asset Management Company
Limited. He is also a member of Investors Grievance Committee of
Housing Development Finance Corporation Limited, Remuneration
Committee and Investment Committee of Gruh Finance Limited and
Share Transfer Committee of Infrastructure Leasing & Financial Services
Limited.
Mr. Mistry is liable to retire by rotation and being eligible, offers
himself for re-appointment at the ensuing Annual General Meeting.
Mr. Mistry holds 58,001 equity shares in the Bank as on March 31,
2008.

4. Mrs. Renu Karnad

Mrs. Renu Karnad is a Law graduate and also holds a Masters Degree in
Economics from Delhi University.Mrs. Karnad is a Joint Managing
Director of Housing Development Finance Corporation Limited and

Chairperson of HDFC Venture Capital Limited, HDFC Property Ventures

Limited and Home Loan Services India Private Limited. She is a
Director of HDFC Asset Management Company Limited, GRUH
Finance Limited, HDFC Realty Limited, Credit Information Bureau
(India) Limited, HDFC General Insurance Company Limited, ICI India
Limited, Indraprastha Medical Corporation Limited, HDFC Standard
Life Insurance Company Limited, Sparsh BPO Services Limited, Mother
Dairy Fruits & Vegetables Private Limited, Feedback Ventures Private
Limited, Motor Industries Co. Limited, Egyptian Housing Finance
Company and Ascendas Pte. Limited, Singapore. Mrs. Karnad is a
member of the Managing Committee of Indian Cancer Society and Vice
Chairperson of the Governing Council of Indraprastha Cancer Society &
Research Centre.
Mrs. Karnad is Chairperson of the Audit Committee of ICI India
Limited, Credit Information Bureau (India) Limited, Motor Industries
Co. Limited and Mother Diary Fruits & Vegetables Private Limited. She
is a member of the Audit Committee of HDFC General Insurance
Company Limited. She is the Chairperson of the Remuneration
Committee of ICI India Limited. She is also the member of Investment
Committee, Compensation Committee, Compensation-ESOS Committee
and Committee of Directors of Gruh Finance Limited; Customer Service
Committee and Risk Management Committee of HDFC Asset
Management Company Limited; Remuneration Committee of Credit
Information Bureau (India) Limited and Sparsh BPO Services Limited;
and

Shareholders/Investors

Grievance

Committee,

Investment

Committee and Property Sub-Committee of Motor Industries Company

Limited.
Mrs. Karnad is liable to retire by rotation and being eligible, offers
herself for re-appointment at the ensuing Annual General Meeting.
Mrs. Karnad holds 58,924 equity shares in the Bank as on March
31, 2008.

5. Mr. Arvind Pande

Mr. Arvind Pande holds a Bachelor of Science degree from Allahabad

University and a B.A. (Hons.) and M.A. (Economics) degree from
Cambridge

University,

U.K.

He

started

his

career

in

Indian

Administrative Services and has held various responsible positions in the

Government of India. He was a Joint Secretary to the Prime Minister of
India for Economics, Science and Technology issues. Mr. Pande has
served as a Director, Department of Economic Affairs, Ministry of
Finance, Government of India and has dealt with World Bank aided
projects. Mr. Pande has also served on the Board of Steel Authority of
India Limited as its Chairman and Chief Executive Officer (CEO).
Mr. Pande is a Director of Coal India Limited, Bengal Aerotropolis
projects Limited, Burnpur Cements Limited, Visa Steel Limited, Era
Infra Engineering Limited and Sandhar Technologies Limited. He is
member of the Audit Committee of Coal India Limited and Visa Steel
Limited.

Mr. Pande does not hold any equity shares in the Bank as on March 31,
2008.

6. Mr. Ashim Samanta

Mr. Ashim Samanta holds a Bachelor of Commerce degree from

University of Bombay and has wide and extensive experience in business
for nearly 29 years. He has vast experience in the field of bulk drugs and
pharmaceutical formulations. He is a Director of Samanta Organics
Private Limited, Nautilus Trading & Leasing Private Limited, Ashish
Rang Udyog Private Limited, Samanta Movies Private Limited and
Shakti Cine Studios Private Limited. Mr. Samanta has also been engaged
in setting up and running of film editing and dubbing studio.
Mr. Samanta holds 600 equity shares in the Bank as on March 31,
2008.

7. Mr.C M Vasudev

Mr. C. M. Vasudev holds a Masters Degree in Economics and Physics.

He joined the Indian Administrative Services in 1966. Mr. Vasudev has
worked as Executive Director of World Bank representing India,

Bangladesh, Sri Lanka and Bhutan. Mr. Vasudev has extensive

experience of working at policy making levels in the financial sector and
was responsible for laying down policies and oversight of management.
He chaired World Banks committee on development effectiveness with
responsibility of ensuring effectiveness of World Banks operations. Mr.
Vasudev has also worked as Secretary, Ministry of Finance and has
undertaken various assignments viz. Secretary, Department of Economic
Affairs, Department of Expenditure, Department of Banking and was
Additional Secretary Budget with responsibility for framing budget of
Government and monitoring its implementation. He has also worked as
Joint Secretary of Ministry of Commerce with responsibility for state
trading, trade policy including interface with WTO.
Mr. Vasudev is Director on the Board of Directors of ICRA
Management Consultancy Services Limited, NOIDA Power Company
Limited and Noesis Consultancy Services Private Limited. He is a member
of Audit Committee and the Chairman of Remuneration Committee of ICRA
Management Consultancy Services Limited and member of Audit
Committee of NOIDA Power Company Limited.
Mr. Vasudev does not hold any equity shares in the Bank as on March
31, 2008.

8. Mr. Gautam Divan

Mr. Gautam Divan holds a Bachelors degree in Commerce and is a

Fellow Member of the Institute of Chartered Accountants of India. Mr.
Divan is a partner in Rahul Gautam Divan & Associates, Chartered
Accountants. Mr. Divan has wide experience in financial and taxation
planning of individuals and limited companies and auditing accounts of
large public limited companies and nationalised Banks. Mr. Divan enjoys
substantial experience in structuring overseas investments to and from
India.
Mr. Divan is on the Board of HDFC Standard Life Insurance
Company Limited, Baltic Consultancy & Services Private Limited, Bell
Ceramics Limited, Brady & Morris Engineering Company Limited,
Chandanbhoy and Jassoobhoy Consultants Private Limited, Serendib
Investments Private Limited and Ascent Hotels Private Limited. He is
Chairman of Audit Committee and Remuneration Committee of Bell
Ceramics Limited. He is the Chairman of Audit Committee of HDFC
Life Insurance Company Limited. He is a partner of M/s Rahul Gautam
Divan & Associates.
Mr. Divan does not hold any equity shares in the Bank as on March
31, 2008.

9. Dr. Pandit Palande

Dr. Pandit Palande has a Ph.D. degree in Business Administration and

has completed an Advance Course in Management from Oxford
University and the Warwick University in UK. Dr. Palande has worked
as a Director of School of Commerce and Management for 15 years in
Yashwantrao Chavan Maharashtra Open University (YCMOU). At
present, Dr. Palande is Pro-Vice Chancellor of YCMOU.
Dr. Palande has extensive experience of working in the fields of
business administration, management and agriculture. Under the
guidance of Dr. Palande, YCMOU has become one of the green
universities in India. As a project Director of Indian Space Research
Organisation (ISRO) GAP-3 of YCMOU, Dr. Palande has been serving
the agriculture community on a large scale through satellite.
Dr. Palande is neither a director on the Board of any other company
nor a member and chairman of any committee(s) of the Board of Directors
of any other company.
Dr. Palande does not hold any equity shares in the Bank on March
31, 2008 as well as on the date of his appointment.

10.

Mr. Paresh Sukthankar

Mr. Paresh Sukthankar has been appointed as Executive Director of the

Bank for a period of three years with effect from 12th October 2007.
He has done Masters in Management Studies from Jamnalal Bajaj
Institute of Management Studies, Mumbai. Mr. Sukthankar has been
associated with the Bank since 1994 in various senior capacities and has
direct or supervisory responsibilities for the Credit & Market Risk and
Human Resources functions and for various strategic initiatives of the
bank. He has over 22 years of experience in the fields of finance and
banking. Prior to joining the Bank, he worked with Citibank for 9 years
in various areas including corporate banking, risk management, financial
control and credit administration.
Mr. Sukthankar is neither a director on the Board of any other
company nor a member and chairman of any committee of the Board of
Directors.
He holds 1,59,656 equity shares in the Bank as on March 31, 2008.

11.

Mr. Harish Engineer

Mr. Harish Engineer has been appointed as Executive Director of the

Bank for a period of three years with effect from 12th October 2007.
He holds a Diploma in Business Management from Hazarimal
Somani College, Mumbai. Mr. Engineer has been associated with the
Bank since 1994 in various capacities and is responsible for Wholesale
Banking at present. He has over 38 years experience in the fields of
finance and banking. Prior to joining the Bank, he worked with Bank of
America for 26 years in various areas including operations and corporate
credit management.
Mr. Engineer is neither a director on the Board of any other company nor a
member and chairman of any committee of the Board of Directors. He is
member of the Board of Boston Analytics, Boston (USA).
He holds 64,000 equity shares in the Bank as on March 31, 2008.

Indian Listing
The equity shares of the Bank are listed at the following Stock Exchanges in India:
1. Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai 400 023 -500180
2. The National Stock Exchange of India Limited
Exchange Plaza, 5th Floor,
Bandra Kurla Complex,
Bandra, Mumbai 400 051 -HDFC Bank
Names of Depositories in India for dematerialisation of equity shares
(ISIN No. INE040A01018):
National Securities Depository Limited (NSDL)
Central Depository Services (India) Limited (CDSL)

International Listing
The American Depository Shares (ADS) of the Bank are listed on:
The New York Stock Exchange (Ticker HDB)
11, Wall Street, New York, N.Y. 11005
The Depository for ADSs is (CUSIP No. 40415F101):
J P Morgan Chase Bank, N.A.
The Depository is represented in India (for ADSs) by:
ICICI Bank Limited, Bandra-Kurla Complex, Mumbai 400 051.

 Financial Information
The last twelve years have been very fulfilling. We can of course wax
eloquent about it in so many ways, but they say, figures don't lie, so we
will let the figures do all the talking. They will give you a fair idea of
how we have grown in the past few years .
Financial Results
RBI Order of Amalgamation - CBoP
Scheme of Amalgamation - CBoP (as approved by RBI)
Annual Reports
Contact points for shareholders:
Kamala Mills Compound,
Legal & Secretarial Department,
2nd Floor, Senapati Bapat Road,
Lower Parel (West),
Mumbai - 400 013
Telephone No. 24988484 Ext. 3463 Fax No. 2496 5235.
Email: investors.helpdesk@hdfcbank.com
Counter Timing: 10.30 a.m. to 3.00 p.m between Monday to Friday
(except on Bank holidays).

SERVICES:
PERSONAL BANKING
Accounts & Deposits

Loans

Regular Savings Account

- Savings Plus Account
- SavingsMax Account
- No Frills Savings Account
- Senior Citizens Account
- Kid's Advantage Account
- Family Savings Group
- Pension Savings Account
- Retail Trust Account
- Demat Account
- Payroll Salary Account
- Classic Salary Account
- Regular Salary Account
- Premium Salary Account
- Defence Salary Account
- Reimbursement Account
- Plus Current Account
- Trade Current Account
- Premium Current Account
- Regular Current Account
- Flexi Current Account
- Max Current Account
- Apex Current Account
Cards
- Credit Card
- Debit Card
- ForexPlus Card
- GiftPlus Card

Personal Loan (PL)

- Gold Loan (Term Loan)
- Loan Against Property (LAP)
- Loan Against Securities (LAS)
- Two Wheeler Loans
- Express Loans
- Gold Loans (Over Draft)
- New Car Loans
- Commercial Vehicle Finance
- Construction Equipment Finance
- Working Capital Finance
- Channel Business
- Health Care Finance
- Tractor Loan
Forex
- Forex Services
- Trade Services
Investments & Insurance
- Investment Services Account (Online MF
A/c) : RS 100 as Franking Charges.

Fixed Rate Deposits

HDFC has instituted well-defined service standards for both depositors
and deposit agents. HDFC has been able to mobilise deposits from over
10 lac depositors. Outstanding deposits grew from Rs. 1,458 crores in
March 1994 to to 11,278 crores in March 2008. Much of this success can
be attributed to its strong brand image, superior services, security and
above all, the significant contribution made by HDFC's deposit agents.
HDFC has over 50,000 deposit agents and distributes all its retail savings
(deposit) products primarily through this channel.
HDFC has been awarded AAA rating for its deposits from both
CRISIL and ICRA for the FOURTEENTH consecutive year ,
representing highest safety as regards timely payment of principal and
interest.
Benefits of an HDFC Individual Deposit:

Highest Safety

Tax Benefits

Attractive Returns

Quick Loan Facility

Nomination Facility

Demand Draft Facility

High Service Standards

Electronic Clearing Service

Highest Safety:
'FAAA' and 'MAAA' rating affirmed for the fourteenth consecutive year
by CRISIL and ICRA respectively.

Tax Benefits:
TDS: No tax deduction at source on interest from deposits upto Rs.
5,000/- per branch in a Financial Year.
Attractive Returns:
HDFC deposits are Available throughout the year and offer Attractive,
Assured returns to investors. Interest rates offered are higher than that
offered by most of the commercial banks.
Quick Loan Facility:
Loan against deposit is available after 3 months from the date of deposit
upto 75% of the deposit amount subject to the other terms and conditions
framed by HDFC. Interest on such loans will be 2% above the deposit
rate.
*This facility is not available for Easyway Savings and deposits from
minors.
Nomination Facility:
Individual depositors, singly or jointly, can nominate under this facility.
In case the deposit is placed in the name of a minor the nomination can
be made only by a person lawfully entitled to act on behalf of the minor.
Power of attorney holder or any person acting in representative capacity
as holder of an office or otherwise cannot nominate. The nominee shall
have the right to receive the amount due in respect of deposit on death of
all the depositors and payment by HDFC to the nominee shall constitute
full discharge to HDFC of its liability in respect of the deposit.
Demand Draft Facility:
Outstation depositors can send demand drafts after deducting demand
draft charges. This facility is not available to investors under Easyway

Savings. This facility is applicable for places where HDFC does not have
an office.
High Service Standards:
Depositors are offered across the counter services for new deposits,
renewals, repayments and loan against deposit facility. Further, all
enquiries through email, post, telephone and in person are attended to
immediately.
Electronic Clearing Service:
This facility is provided to depsoitor's in select centres whereby the
interest will be credited directly to the depositors' bank account. The
depositor would receive a credit entry "ECS HDFC" in his
passbook/bank statement. Intimation of interest credited would be sent
on an annual basis. Your bank will not levy any charge for this facility as
per present RBI guidelines.
Presently this facility is being offered by us at the following centers ECS

Centres:

Ahmedabad,

Bangalore,

Bhubaneshwar,

Kolkata,

Chandigarh, Chennai, Hyderabad, Jaipur, Kanpur, Mumbai, Nagpur,

Nasik, New Delhi, Pune and Vadodara.

HDFC Childrens Plan:

As a parent, your priority is your childs future and being able to meet
your childs dreams and aspirations. With our HDFC Childrens Plan,
you can start building your savings today and ensure a bright future for
your child. This With Profits plan is designed to secure your childs
future by giving your child (Beneficiary) a guaranteed lump sum on
maturity or in case of your unfortunate demise, early into the policy
term.
Features:

Advantages:

Lets you customise an ideal plan for your child and provide
invaluable financial support

The Double Benefit Plan Option helps you secure your childs
immediate and future needs. In case of your unfortunate demise,
we will pay the Sum Assured to your child (Beneficiary). Your
family need not pay any further premiums and the policy

continues. And on maturity of the plan, we will pay you the Sum
Assured plus Bonuses Declared

You can choose to pay your premium as either Annually, HalfYearly or Quarterly depending on your convenience. You also have
a range of convenient auto premium payment options

Tax benefits are offered under section

HDFC Unit Linked Young Star Plus II :

As a parent, your priority is your childs future and being able to meet
your childs dreams and aspirations. With our HDFC Unit Linked Young
Star II, you can start building your savings today and ensure a bright
future for your child. This Unit Linked Plan provides valuable protection
to your child in case you are not around and gives you with an
outstanding investment opportunity to maximise your savings by
providing you a choice of thoroughly researched and selected
investments. This plan also gives regular Loyalty Units to boost your
fund value each year.
Features:

Advantages

This plan gives you regular Loyalty Units to boost your fund value
every year. At the end of every policy year, we will increase the
number of units (Loyalty Units) in each of your funds by 0.10% as
long as your policy is in force (premium paying or paid up). The

compounding effect of these regular additions is expected to boost

your final maturity value

You can customise the ideal plan for your child by choosing the
premium you wish to invest along with the Sum Assured,
depending on the level of protection required

The Triple Benefit payment preference helps you secure your

childs immediate and future needs. In case of your unfortunate
demise or critical illness, we will pay the Sum Assured to your
child (Beneficiary). Your family need not pay any further
premiums. We will pay 50% of all the future premiums at the
original level towards your policy and 50% of the premiums will
be paid to the Beneficiary as and when due, on an annual basis.
Any Death Benefit or Critical Illness cover terminates immediately

In the long term, the key to building great maturity values is a low
Fund Management Charge (FMC). We have a low FMC of only
1.25% per annum (of the funds value)

You can choose to pay your premium as either Annually, HalfYearly or Monthly depending on your convenience. You also have
a range of convenient auto premium payment options

You can change your investment fund choices in two ways:

o Switching: You can move your accumulated funds from one
fund to another anytime
o Premium Redirection: You can pay your future premiums into
a different selection of funds, as per your need
Tax benefits are offered under section 80C and 10(10D) of the
Income Tax Act, 1961n 80C and 10(10D) of the Income Tax Act,
1961

HDFC Unit Linked Pension II.

Today, you are busy climbing the ladder of success and realizing your
dreams. Today, time is with you. Just take a moment and think. Will your
income be the same forever? Will you be able to live life on your own
terms even after you retire? The HDFC Unit Linked Pension II is Unit
Linked plan, designed to provide a post-retirement income for life with
the freedom to choose your retirement date. This plan gives you with an
outstanding investment opportunity to maximise your savings by
providing you a choice of thoroughly researched and selected
investments. This plan also gives Bumper Addition to the fund value at
vesting.
Features

Advantages

This plan is designed to provide you a post retirement income for

life You can choose your premium, the Sum Assured and your
retirement date. At the end of the policy term, you will receive the
accumulated value of your funds, which will be used to provide
your pension income in your golden years

This plan gives you Bumper Addition to the fund value on

Vesting. Your fund value will be augmented by addition of Bumper
Addition to the extent of 50% of your original annualised premium
chosen at inception

On your chosen retirement (Vesting) date, you will get the value of
the units in your policy. As per prevailing Government regulations;
o

You can take up to 1/3rd of the total benefit at Vesting (fund

value + Bumper Addition) as a tax-free cash lump sum

The rest must be converted to annuity

You can buy the annuity from us or any other insurer

In the long term, the key to building great maturity values is a low
Fund Management Charge (FMC). We have a low FMC of only
1.25% per annum (of the funds value)

If you have not opted for AAO (Asset Allocation Option), you can
change your investment fund choices in two ways:
o

Switching: You can move your accumulated funds from one

fund to another anytime

Premium Redirection: You can pay your future premiums

into a different selection of funds, as per your need

You can choose to pay your premium as either Monthly (through

Standing Instructions or ECS Mandate), Half yearly or Annually.
You also have a range of convenient auto premium payment
options

Tax benefits under sections 80CCC of the Income Tax Act, 1961
subject to the provisions contained therein

SYSTEMATIC TRANSFER PLAN (STP):

STP refers to Systematic Transfer Plan where in an investor invests a
lump sum amount in one scheme and regularly transfers (i.e. switches) a
pre-defined amount into another scheme. Every month on a specified
date an amount you choose is transfered from one mutual fund scheme to
another of your choice.
Currently, Fixed Systematic Transfer Plan (FSTP) - Monthly
Interval and Capital Appreciation Systematic Transfer Plan (CASTP) Monthly Interval facility is available to the Unit holders on 1st, 5th,
10th, 15th, 20th and 25th of a month and FSTP - Quarterly Interval
and CASTP - Quarterly Interval facility is available to the Unit holders
on 1st, 5th, 10th, 15th, 20th and 25th of the first month of each
quarter.
Load Structure
The Entry Load Structure for the transferee schemes - HDFC Growth
Fund, HDFC Equity Fund, HDFC Top 200 Fund, HDFC Capital Builder
Fund, HDFC Core & Satellite Fund, HDFC Premier Multi-Cap Fund,
HDFC Balanced Fund, HDFC Prudence Fund, HDFC Long Term
Advantage Fund and HDFC Tax Saver will be as follows:
Applications routed through any distributor / agent / broker:
1% in respect of each investment through STP less than Rs. 5 Crore.
Nil in respect of each investment through STP equal to or greater than
Rs. 5 Crore in value.

Applications not routed through any distributor / agent / broker

(Direct Applications): Nil
The Exit Load Structure is as follows:
For Transferee Schemes: HDFC Long Term Advantage Fund and
HDFC TaxSaver Nil
For Transferee Schemes : HDFC Growth Fund, HDFC Equity Fund,
HDFC Top 200 Fund, HDFC Capital Builder Fund, HDFC Core &
Satellite Fund, HDFC Premier Multi-Cap Fund, HDFC Balanced Fund
and HDFC Prudence Fund.
In respect of each investment through STP less than Rs. 5 crore in
value, an Exit Load of 1.25% is payable if units are redeemed / switchedout on or before 2 years from the date of allotment. In respect of each
investment through STP equal to or greater than Rs. 5 crore in value, no
Exit Load is payable.
As per addendum dated 17th February 2009 HDFC Mutual
Fund has decided to revise the load structure for investments through
Systematic Transfer Plan (STP) from the Transferor Schemes (all
Schemes offering STP facility) to the following Transferee Schemes:
HDFC Multiple Yield Fund, HDFC Multiple Yield Fund - Plan 2005,
HDFC Income Fund, HDFC High Interest Fund, HDFC Short Term Plan,
HDFC Cash Management Fund, HDFC MF Monthly Income Plan,
HDFC Gilt Fund, HDFC Floating Rate Income Fund, HDFC Liquid
Fund and HDFC Arbitrage Fund

Entry Load
Applications routed through any distributor / agent / broker:
The amount transferred under the STP from the Transferor Scheme to the
Transferee Scheme will be effected by redeeming units of Transferor
Scheme at applicable NAV, after payment of Exit Load, if any, and
subscribing to the units of the Transferee Scheme at applicable NAV,
without payment of any Entry Load, if any, as on the specified date of a
month or a quarter. In case the date falls on a Non-Business Day or falls
during a book closure period, the immediate next Business Day will be
considered for the purpose of determining the applicability of NAV.
Applications not routed through any distributor / agent / broker
(Direct Applications): Nil
Exit Load
The applicable Entry Load (% wise) originally waived will be levied in
the Transferee Scheme if units are redeemed/ switched-out on or before
expiration of two years from the date of transfer. Further, applicable Exit
Load, if any, in the Transferee Scheme / Plan / Option as on the date of
allotment of units will also be levied.
Thus, this facility offers the benefits similar to those of an SIP and
is suitable for investors who intend to invest systematically and currently
have funds for investments.

HDFC FLEXINDEX PLAN -

.
Effective from April 06, 2009
New Features:

What is HDFC FLEXINDEX PLAN?

It empowers you to automatically transfer your investments from select
Debt/Liquid Schemes to select equity Schemes of HDFC Mutual Fund at
closing BSE SENSEX levels of your choice.
Why HDFC FLEXINDEX PLAN?
Equities are probably the only asset class where investors are
comfortable buying at a higher price and vice-a-versa - Warren
Buffet
Be fearful when others are greedy and greedy when others are
fearful Warren Buffet
Investors find it very difficult to invest due to various reasons when
markets fall and thereby are unable to benefit from high returns of
equities

 HDFC FLEXINDEX PLAN offers investors a tool to plan their

investments. The Plan prevents investors from the indecision of
investing or not investing in bear/volatile market conditions

How

does

HDFC

FLEXINDEX

PLAN

work?

Investors can invest in HDFC Mutual Funds select Debt/Liquid

Schemes and choose four BSE SENSEX levels of their choice to
transfer amounts to HDFC Mutual Fund range of select equity
Schemes
Illustration
Source Scheme-HDFC Liquid Fund
Investment Amount-Rs. 1,00,000
Target Scheme-HDFC Top 200 Fund-Options
Four stages of switch execution-BSE SENSEX levels*-Flexible
Instalment
option**-Fixed Instalment
option
I-9600-15%-25%
II-10300-20%-25%
III-8900-40%-25%
IV-11700-25%-25%
Total-100-100
What

is

duration

of

the

HDFC

FLEXINDEX

PLAN?

The validity of the HDFC FLEXINDEX PLAN is 1 year from date of

registration

 On completion of one year from the date of registration, in case the

Triggers indicated

by the

investors remain

inactive,

the

proportionate registered amount will be automatically transferred

into the Target Scheme in 6 equal monthly instalments on 1st of
every month
In case investors decide to opt out of the facility, they can give a
written request to cease the Trigger facility
How does one benefit by the HDFC FLEXINDEX PLAN?
Facilitates an entry to equities at SENSEX levels of your choice and
takes advantage of market volatility
Invest at a targeted level and do not miss out on an opportunity; it
enables automatic decision making at levels with which you are
comfortable.
Investments are into select equity schemes with long term track
record
Initial investment in Liquid/Debt Schemes help you to earn income
till investments are transferred to equity funds.
Take advantage of the market movements without the hassle of
constant tracking

POLICIES OF SBI:

Magnum NRI Investment Fund Flexi Asset Plan

Investment Objective
The investment objective of the scheme will be to provide attractive
returns to the Magnum holders either through periodic dividends or
through capital appreciation through an actively managed portfolio of
debt, equity and money market instruments. Income may be generated
through the receipt of coupon payments, the amortization of the discount
on the debt instruments, receipt of dividends or purchase and sale of
securities in the underlying portfolio.

Asset Allocation
Instrument

% of Portfolio
of Plan A & B

Corporate Debenture and

Bonds/PSU, FI, Government
guaranteed Bonds including
Securitized Debt and In

Up to 90% of the
Medium to
investments in
High
debt instruments

Of which Securitized Debt

Government Securities

Risk Profile

Not more than

30% of the
Medium to
investments in
High
debt instr
Up to 100% of the Low
investments in

debt instruments
Atleast 10% and
Equity and equity related instruments not exceeding
80% at any time
Within approved
Derivative Instruments
limits
Cash and Call and Money Market
Up to 25%
Instruments

High
Low
Low

Scheme Highlights
1. All Plans have Growth and Dividend Options.
2. The returns under the Growth option to be through capital appreciation
only, The Flexi Asset Plan to follow an Asset Allocation Model wherein
depending on market conditions/based on certain triggers, the Fund
Manager can take a view on the percentage of investments that can be
allocated to equity.
3. This Plan would have a minimum of 10% investment in equity related
instruments which can be increased up to 80% depending on market
fundamentals.
4. The investment universe for equity stocks will be limited to such
equity stocks that form a part of BSE-100.
5. The scheme will declare NAV, Sale and Repurchase prices on all
business days.
6. All Plans will have separate asset classes and will declare separate
NAVs for different options.
7. Dividends distributed under the scheme will be subject to a dividend
distribution tax of 12.5% and will be tax free in the hands of the investor.
Investments in Mutual Funds by NRIs are fully repatriable in case the

funds are remitted through NRE/FCNR accounts. Short-term/Long-term

Capital Gains would be subject to a withholding tax of 30%/20%.
Launch Date

Minimum Application
Rs. 50,000 and multiples of Rs.

January 2, 2004

1,000. No maximum limit.

Entry Load
Exit Load
Entry Load : Investments below Investments below Rs. 5 crore, exit
Rs. 5 crores - 2.25%Investments of within 6 months from the date of
Rs.5 crores and above - NIL

allotment

1%,

Investments

below Rs. 5 crore, exit between 6

months & 12 months from the date
of allotment 0.5%, Investments
below Rs. 5 crore, exit after 12
months from the date of allotment
Nil, Investments of Rs. 5 crore
and above Nil
SIP
SWP
Minimum amount Rs.500/month - A minimum of Rs. 1000 can be
12

months

Rs.1000/month

- withdrawn every month or quarter

6months, Rs.1500/quarter - 12 by indicating in the application form

months Minimum amount

or by issuing advance
instructions to the Registrars at any
time.

Introduction:
SBI Life - Sudarshan is an Endowment Policy designed to provide
savings and protection to you and your family. You can save regularly for
the future. Thus at the end of the plan, you will receive a substantial
amount of savings along with the accumulated bonuses declared. At the
same time, your family will be protected for death risk for the full Sum
Assured.

Key Features:
It offers you the option of tailoring your policy according to your
requirement and needs, by opting for various extra covers (Riders)
that are offered.
This is a unique product that offers you an innovative cover (plan
B) which helps you to protect your savings against 'the financial
consequences of inflation' with constant premium for the entire
duration of the plan.
It gives you protection against unfortunate terminal or dreaded
illness.
It is an insurance plan which could also act as a hedging
instrument.

With this plan you can plan your children's future education,
marriage expenses or even your own retirement - in a most flexible
manner.

Product type:

It is a traditional endowment plan i.e. saving - cum protection product.

How does it work?
SBI Life - Sudarshan has two basic plans.
Fixed Sum Assured Plan: Allows you to build a regular saving
plan that gives you a secure amount at the end of a fixed period
plus a bonus. In the unfortunate event of death before maturity, the
nominee would stand to receive the Sum assured and the bonus
accrued till that date.
Increasing Sum Assured Plan - the COLA Option: The Cost Of
Living Adjustment (COLA) option is so called because it serves as
an automatic hedge against inflation. It allows you to increase the
Sum Assured automatically by paying an additional premium
compared to the Fixed Sum Assured Plan. Moreover, the life cover
also automatically increases during the period as added protection
to the family.

Benefits:

Maturity Benefit: Depending upon the plan option chosen:

Fixed Sum Assured (Plan A) Basic Sum Assured along with

Vested Bonus* is payable

Increasing Sum Assured (Plan B) Increased Sum Assured @ 5%

p.a. along with Vested Bonus* is payable

Death Benefit: In the unfortunate event of death of the Life Assured,

depending upon the plan option chosen:
Fixed Sum Assured (Plan A) The Sum Assured along with Vested
Bonus * is payable to your nominee.

Increasing Sum Assured (Plan B) Increased Sum Assured @ 5% p.a

along with Vested Bonus* is payable to your nominee.
Other Benefits:If the extra cover (riders) have been opted for, the
following additional benefits are payable:
Term Assurance Cover benefit: - The Term Assurance cover is payable
in addition to normal death benefit.
Accidental Death and Accidental Total Permanent Disability Cover
Benefit: - In case death due to an accident: The rider Sum Assured is
payable in addition to normal Life cover.
In case of Total Permanent Disability due to an accident:
Two benefits are payable:
Immediate Payment : Depending upon the plan chosen:
Fixed Sum Assured (Plan A) : Flat Sum Assured + Vested Bonus
OR

Increasing Sum Assured (Plan B) : Increased Sum Assured @

5% p.a (every completed year) + Vested Bonus

Yearly Instalment Payment: Accidental Death and Accidental Total

Permanent Disability Cover amount is payable in 10 installments till
maturity / death. At maturity/death, the remaining installments are
payable in a lumpsum to you/your nominee.

Policy ends immediately.

Criticall Illness cover

On diagnosis of any of the 6 critical illnesses and you survive for more
than 30 days, the Critical Illness Cover Sum Assured is paid in a lump
sum. No more claims will be admitted under this cover. SBI Life Sudarshan policy remains in force for all the other benefits

SAVINGS BANK ACCOUNT

Our Savings Bank Account helps you to plan and save for your
future financial requirements. Your savings remain liquid, safe and
earn moderate interest.
Benefits
Card Convenience
Get your Free ATM cum Debit Card and have access to the widest
network of ATMs across the country to withdraw cash, enquire about
your balance, etc. Moreover, your card enables you to shop at a large
number of Merchant Establishments in India. You can also avail yourself
of our International ATM-cum-Debit Card, which can be used within as
well as outside India, at a nominal fee.
Easy and Wide Accessibility
Transact at your convenience, saving time and cost through SBI Internet
Banking.
You can also withdraw cash from Maestro endorsed ATMs of other
banks under bilateral sharing, at a nominal fee.
Monitoring Your Account

Monitor and control your funds through SBI Internet Banking or/
and through Passbook/ statement of account facility.

Alternatively, access your account by downloading InstantSBI on

your computer.

Moderate Earning
Our Savings Bank Account earns you an interest at the rate of 3.5% p.a.,
compounded half yearly.
Money Multipliers

Earn Interest at Term Deposit rates through Savings Plus Account.

Link your Savings Bank Account to your Multi Option Deposit

(MOD) Account to earn additional interest on your surplus money
and get the facility of automatic unitised break up of MOD in case
there is a shortfall in your SB account to honour the cheque drawn
by you.

SBI Arbitrage Opportunities Fund

Investment Objective
To provide capital appreciation and regular income for unitholders
by identifying profitable arbitrage opportunities between the spot
and derivative market segments as also through investment of
surplus cash in debt and money market instruments.
Asset Allocation
Instrument
Equities and equity related
instruments
Derivatives, including Index
Futures, Stock Futures, Index
Options and Stock Options
Debt Instruments and Money
Market Instruments
Of which Securitized Debt

% of Portfolio
of Plan A & B

Risk Profile

65 % - 85 %

High

65 % - 85 %

High.

15 % - 35 %

Medium to
Low

Not more than 10

Medium to
% of securitized
High
debt

Scheme Highlights
1. Investment in a diversified basket of equity & equity related
instruments, derivative instruments and debt and money market
instruments in accordance with the asset allocation pattern.
2. Liquidity:- Fresh Purchases and Redemptions at prices related to
Applicable NAV.

MSFU - Contra Fund

Investment Objective
To provide the investors maximum growth opportunity through
equity investments in stocks of growth oriented sectors of the
economy.

There

are

five

sub-funds

dedicated

to

specific

investment themes viz. Information Technology,Pharmaceuticals,

FMCG, Contrarian (investment in stocks currently out of favour)
and Emerging Businesses.
Asset Allocation
Instrument
Equity
Other money market

% of Portfolio
of Plan A & B
0%-90%
0%-10%

Risk Profile
High
Low

Scheme Highlights
1. An open-ended scheme in which there are five sub-funds, viz.
Information Technology (IT), Pharmaceuticals, Fast Moving
Consumer Goods (FMCG) and a Contra subfund - investing in
stocks currently out of favour and Emerging Businesses Fund to
participate in the growth potential presented by various
companies that are considered emergent and have export
orientation / outsourcing opportunities or are globally
competitive by investing in the stocks representing such
companies.

RECURRING DEPOSIT
Want to create a fund for your children's education or marriage or to buy
a car or for a dream holiday? Whatever may be your financial goals,
through our Recurring Deposit Scheme you can save a little every month
so that at the time of need you have sufficient funds to achieve your
financial goals. Recurring Deposit provides you the element of
compulsion to save at high rates of interest applicable to Term Deposits
along with liquidity to access that savings any time. So set aside a small
amount every month and earn at compounded rates of interest.
Wide Choice in Period of Deposit

Flexibility in period of deposit with maturity ranging from 12

months to 120 months.

Low minimum monthly deposit amount.

You can start a Recurring Deposit with SBI for a monthly

instalment of Rs.100/- only.

SBI Term Deposit Rates Apply

Check out our Interest Rates Online or simply email through our
Helpline

Choose the amount you wish to invest and the maturity period.

SBI TAX SAVINGS SCHEME, 2006

A unique product which offers higher rate of interest along with tax benefits.
Specially designed to cater to the needs of the Income Tax assesses. The
distinctive features of this scheme are as below:

Purpose

To enable our customers to place long term deposits to

earn higher rate of interest and also to avail the tax
benefits under section 80C of Income Tax Act, 1961.

Eligibility

Resident assessee for himself/ herself as an individual or

in the capacity of the Karta of the Hindu undivided
family, having Income tax Permanent Account Number

Mode of Operation Singly or Jointly

Minimum Deposit

Rs. 1,000/- or multiples thereof

Maximum Deposit

Not exceeding Rs. 1,00,000/- in a year

Type of account

Term Deposit (TD) account / Special Term Deposit

(STD) account

Tenure

Minimum: 5 years - Maximum: 10 years

Rate of Interest

As applicable to Term Deposits

Premature
withdrawal

No term deposit shall be encashed before the expiry of

five years from the date of its receipt.

Availability

Presently at CBS Branches

Nomination Facility Available

Loan Facility

Not Available

Transferability
among branches

Allowed

SBI MODS
MULTI OPTION DEPOSIT SCHEME

The Multi Option Deposit (MOD) Account is a combination of Savings

Bank or Current Account with Term/ Special Term Deposit Accounts, so
that one can securely write cheques upto the balance in the MOD
account or upto the drawing power available as overdraft in the Current
account. Withdrawals through ATMs can also be conveniently made.
Exclusive Features:

Complete Liquidity.

Convenience of Overdraft.

Earns a higher rate of interest on your deposit, without the

dilemma of locking it for a long period.

At the time of need for funds, withdrawals can be made in units of

Rs.1,000/- from the Deposits by issuing a cheque from Savings
Bank Account or through overdraft facility from Current account.

Flexibility in period of Term Deposit from 1 year to 5 years.

You can open a MOD account with SBI for a minimum amount of
Rs. 10,000/- only.

MOD Scheme is available at all SBI Branches

Easy and convenient access of 24X7 information at SBI Internet

Banking

Nomination Facility - Available.

QUESTIONNAIRE
State Bank of India
Name
Age..
Post..
1. How long have you been working in SBI ?
Yes

No

2. Are your aware about the product of this bank?

Yes

No

3. Is this bank launch new schemes in which at provides good interest rate?
Yes
No
4. What kind of loan is provided by this bank?
1. Education loan

2. Vehicle loan

3. Personal loan

4. All of the above

5. Is this bank providing additional interest rate to senior citizens?

Yes

No

6- 14 Are you aware with following policies in SBI or following schemes are
working in SBI or not?
6. MSFU Contra Fund
Yes

No

7. SBI tax saving schemes, 2006.

Yes

No

8. Saving Bank A/c

Yes

No

9. MOD Plan
Yes

No

10.

SBI Arbitrage opportunities Fund

Yes

No

11.No Frill A/c Plan

Yes
12.

Recurring Policy
Yes

13.

No

SBI Life - Sudarshan

Yes

15.

No

Magnum NRI investment Fund Flexi Asset

Yes

14.

No

No

Are you comfortable with SBI policies, which comes time to time?

Comment

QUESTIONNAIRE
HDFC Bank
Name
Age..
Post..
5. How long have you been working in HDFC Bank ?
Yes

No

6. Are your aware about the product of this bank?

Yes

No

7. Is this bank launch new schemes in which at provides good interest rate?
Yes
No
8. What kind of loan is provided by this bank?
1. Education loan

2. Vehicle loan

3. Personal loan

4. All of the above

5. Is this bank providing additional interest rate to senior citizens?

Yes

No

6 - 14 Are you aware with following policies in HDFC or following schemes

are working in HDFC or not?
6. Systematic Transfer Plan (STP)
Yes

No

7. HDFC Childrens Plan

Yes

No

8. HDFC Unit Linked Young Star Plus-2 Plan

Yes

No

9. HDFC Term Assurance Plan

Yes

No

10.HDFC Money Back Plan

Yes

No

11.Flexi Index Plan

Yes

No

12.HDC Loan Cover Assurance Plan

Yes

No

13.HDFC Unit Linked Pension Plus- 2 Plan

Yes

No

14.Fixed Rate deposits (Individuals)

Yes

No

15.Are you comfortable with HDFC policies, which comes time to time?
Comment