47008895 Bank of Baroda Summer Intership Project7

8/13/2019 47008895 Bank of Baroda Summer Intership Project7

1/76

A

PROJECT REPORT

ON

BANK OF BARODA

(SUBMITTED IN THE PARTIAL FULFILLMENT FOR THE DEGREE

OF

BACHELOR OF BUSINESS ADMINISTRATION(SESSION 2013-14)

SUBMITTED TO: SUBMITED BY:

Mrs. MANISHA DUDEJA ALKA

S.D. COLLEGE B.B.A. III YEAR

PANIPAT ROLL NO.

S.D. (P.G.) COLLEGE


2/76

AFFILIATED BY KURUKSHETRA UNIVERSISTY, KURUKSHETRA

DECLARATION

I ALKA student of B.B.A. III year in S.D. o!!e"e, #ani$at %ere&y de'!are t%at t%e $ro(e't re$ortentit!ed ) BANK OF BARODA * su&+itted for t%e de"ree of B. B.A. III year is +y ori"ina! or-and t%e $ro(e't re$ort %as not for+ed t%e &asis for t%e a ard of any di$!o+a, de"ree, asso'iate s%i$,fe!!o s%i$ or si+i!ar ot%er tit!es. It %as not &een su&+itted to any ot%er uni ersity or institution for t%ea ard of any de"ree or di$!o+a.

Mr . MANISHA DUDEJA ALKA


3/76

ACKNO!LEDGEMENT

Sur ey is an e/'e!!ent too! for !earnin" and e/$!oration. No '!assroo+ routine 'an su&stitute

%i'% is $ossi&!e %i!e or-in" in rea! situations. A$$!i'ation of t%eoreti'a! -no !ed"e to

$ra'ti'a! situations is t%e &onan0as of t%is sur ey.

1it%out a $ro$er 'o+&ination of ins$e'tion and $ers$iration, it2s not easy to a'%ie e anyt%in".

T%ere is a! ays a sense of "ratitude, %i'% e e/$ress to ot%ers for t%e %e!$ and t%e needy

ser i'es t%ey render durin" t%e different $%ases of our !i es. I too ou!d !i-e to do it as I rea!!y

is% to e/$ress +y "ratitude to ard a!! t%ose %o %a e &een %e!$fu! to +e dire't!y or

indire't!y durin" t%e de e!o$+ent of t%is $ro(e't.

I ou!d !i-e to t%an- +y $rofessor Mr . MANISHA DUDEJA %o as a! ays t%ere to %e!$

and "uide +e %en I needed %e!$. Her $er'e$ti e 'riti'is+ -e$t +e or-in" to +a-e t%is

$ro(e't +ore fu!! $roof. I a+ t%an-fu! to %er for %is en'oura"in" and a!ua&!e su$$ort.

1or-in" under %er as an e/tre+e!y -no !ed"ea&!e and enri'%in" e/$erien'e for +e. I a+

ery t%an-fu! to %er for a!! t%e a!ue addition and en%an'e+ent done to +e.

No ords 'an ade3uate!y e/$ress +y o erridin" de&t of "ratitude to +y $arents %ose su$$ort

%e!$s +e in a!! t%e ay. A&o e a!! I s%a!! t%an- +y friends %o 'onstant!y en'oura"ed and

&!essed +e so as to ena&!e +e to do t%is or- su''essfu!!y.

ALKA

S.NO CONTENT PAGE NO


4/76

1 ACKNO!LEDGEMENT

2 E"ECUTI#E SUMMAR$

3 INTRDUCTION

4BANKING IN INDIA

5COMPAN$ PROFILE

6ORGANISATION HIERARCH$ IN BANK OF BARODA

PRODUCT % SER#ICES OFFERED B$ BANK OF BARODA! BRIEF STUD$ OF INSURANCE

" MARKETING STRATEG$ OF THIRD PART$ IN GENERALAND NON LIFE IN PARTICULARS

1#COMPAN$ PROFILE OF INDIAFIRST LIFE INSURANCE

11 COMPAN$ PROFILE OF NICL !HICH HA#E TIE UP!ITH BARODA HEALTH

12 ANAL$SIS OF &UESTIONNAIRE

13 FINDINGS

14 SUGGESSTION15 LIMITATION

16 REFERENCES


5/76

E"ECUTI#E SUMMAR$'

T%e 4BA 'ourse offered &y 45TILAL NEHRU NATI5NAL INSTITUTE 5F TE HN5L56Y ,

ALLAHABAD %as its o n uni3ue sy!!a&us %i'% re3uire its students to underta-e any interns%i$

it% any of t%e !eadin" &usiness %ouses for a $eriod ran"in" fro+ 789 ee-s at t%e end of t%ese'ond

se+ester . t%e $ur$ose of t%is interns%i$ is to ena&!e t%e students to a$$re'iate and understand t%e

nuan'es of $ra'ti'a! or!d is :a8 is t%e t%eoreti'a! in$ut ad+inistered durin" re"u!ar a'ade+i'

session. T%is %e!$ in 'reatin" +ana"ers %o are e!! e3ui$$ed it% t%e e/$erien'e of !in-in" t%e

t%eoreti'a! in$uts it% t%ose of $ra'ti'a! en iron+ent.In $artia! fu!fi!!+ent of 4BA de"ree of

4NNIT

ALLAHABAD. I as "i en a $ro(e't on )*.I as "i en a $ro(e't on M r *+, S+r +* / T ,r P r+/ , G* *r % N L, * , P r+,56 r7.

%a e e/$erien'ed t%e %eat of or- for +ore t%an si/ ee-s and it as rea!!y a "reat e/$osure in t%e

'or$orate or!d. I %a e !earned a !ot re"ardin" t%e or-in" of &an-s re!ated to +entorin" andnoti'ed

arious $ro&!e+s %i'% t%ey fa'e and are sti!! fa'in" durin" +entorin" $eriod . it as rea!!y "reat

or-in" it% t%is $resti"ious or"ani0ation of Ban- of Baroda.


6/76

OBJECTI#E OF THE STUD$'

To study t%e 'usto+er of BANK 5F BAR5DA.

To -no a&out t%e %o +any $eo$!e %a e -no !ed"e a&out insuran'e

To -no a&out +ar-etin" strate"y of INDIAFIRST !ife insuran'e

To find out t%e $ro&!e+s %i'% t%ey %ad or sti!! fa'in" fro+ insuran'e ser i'e $ro ide &y BANK 5F BAR5DA.

Are t%ey satisfy &y t%e $!an of Indiafirst insuran'e.

To su""est +easures t%at 'an %e!$ Indiafirst insuran'e to 'a$ture t%e +ar-et as soon as $ossi&!e

To find out are t%ey %a e a areness a&out insuran'e $o!i'y $ro ide &y &an- of &aroda.

RESEARCH METHODOLOG$'

SOURCES OF DATA'

T%e study is based on both primary & secondary data.

Primary data is t%e data t%at is 'o!!e'ted $ersona!!y, and is first %and as e!! as uni3ue in nature. Fort%is study , t%e $ri+ary data %as &een 'o!!e'ted it% t%e %e!$ of t%e fo!!o in" t o +et%ods;

#ersona! inter ie @uestionnaire

Secondary data is se'ond %and data or infor+ation t%at %as a!ready &een 'o!!e'ted &y so+eone e!se for adifferent $ur$ose. For t%is study , t%e se'ondary data %as &een 'o!!e'ted t%rou"%;

Boo-s4a"a0ines

Ne s$a$ersir'u!arsIn8%ouse (ourna!sInternet

T%e e/$!oratory resear'% +et%od %as &een ado$ted for study. E/$!oratory resear'% is a ty$e of resear'%'ondu'ted &e'ause a $ro&!e+ %as not &een '!ear!y defined. E/$!oratory resear'% %e!$s deter+ine t%e


7/76

&est resear'% desi"n, data 'o!!e'tion +e%od and se!e'tion of su&(e'ts. E/$!oratory resear'% often re!ieson se'ondary resear'% su'% as re ie in" a ai!a&!e !iterature and or data, or 3ua!itati e a$$roa'%es su'%as infor+a! dis'ussion it% e+$!oyees +entors, +ana"e+ent or 'o+$etitors.

RESEARCH INSTRUMENTS8

T%e data 'o!!e'tion instru+ents used for t%is study are $ersona!


8/76

S.No Lo'ation No of 'usto+er 'o ered

=

4.6.4ar" ?

?

Katra ?

CRAS As$%& N'('r ?

Ba%adur"an(?

Kyd"an(?


9/76

INTRODUCTION'

Ban-in" in India ori"inated in t%e !ast de'ades of t%e =9t% 'entury. T%e first &an-s ere T%e

6enera! Ban- of India %i'% started in = 97, and t%e Ban- of Hindustan, &ot% of %i'%are no defun't. T%e o!dest &an- in e/isten'e in India is t%e State Ban- of India, %i'%ori"inated in t%e Ban- of a!'utta in Gune =9 7, %i'% a!+ost i++ediate!y &e'a+e t%eB B* . T%is as one of t%e t%ree $residen'y &an-s, t%e ot%er t o &ein" t%eB B :; / and t%e B M r , a!! t%ree of %i'% ere esta&!is%ed under'%arters fro+ t%e Britis% East India o+$any. For +any years t%e #residen'y &an-s a'tedas 3uasi8'entra! &an-s, as did t%eir su''essors. T%e t%ree &an-s +er"ed in = ?= to for+t%eI:9*r, B I , , %i'%, u$on India s inde$enden'e, &e'a+e t%e State Ban- ofIndia. Indian +er'%ants in a!'utta esta&!is%ed t%e Union Ban- in =9C , &ut it fai!ed in=9 9 as a 'onse3uen'e of t%e e'ono+i' 'risis of =9 98 . T%e A ; B ,esta&!is%ed in =97 and sti!! fun'tionin" today, is t%e o!dest Goint Sto'- &an- in India.


10/76

T%e $eriod &et een = 7 and = == a nu+&er of &an-s esta&!is%ed t%en %a e sur i ed to t%e $resent su'% asBan- of India , or$oration Ban- ,Indian Ban- , Ban- of Baroda , anara Ban- and entra! Ban- of India .

T%e $artition of India in = ad erse!y i+$a'ted t%e e'ono+ies of #un(a& and 1est Ben"a! , $ara!y0in" &an-in" a'ti ities for +ont%s. India s inde$enden'e +ar-ed t%e end of a re"i+e oft%e Laisse08faire for t%e Indian &an-in". T%e 6o ern+ent of India initiated +easures to $!ayan a'ti e ro!e in t%e e'ono+i' !ife of t%e nation, and t%e Industria! #o!i'y Reso!ution ado$ted

&y t%e "o ern+ent in = 9 en isa"ed a +i/ed e'ono+y. T%is resu!ted into "reaterin o! e+ent of t%e state in different se"+ents of t%e e'ono+y in'!udin" &an-in" and finan'e.T%e +a(or ste$s to re"u!ate &an-in" in'!uded;

In = , t%e In = 9, t%eReser e Ban- of India , India s 'entra! &an-in" aut%ority, asnationa!i0ed, and it &e'a+e Ban-in" Re"u!ation A't as ena'ted %i'% e+$o ered t%eReser e Ban- of India to re"u!ate, 'ontro!, and ins$e't t%e &an-s in India.

T%e Ban-in" Re"u!ation A't a!so $ro ided t%at no ne &an- or &ran'% of an e/istin" &an-'ou!d &e o$ened it%out a !i'ense fro+ t%e RBI, and no t o &an-s 'ou!d %a e 'o++ondire'tors.

Ho e er, des$ite t%ese $ro isions, 'ontro! and re"u!ations, &an-s in India e/'e$t t%e State Ban- of India , 'ontinued to &e o ned and o$erated &y $ri ate $ersons. T%is '%an"ed it% t%enationa!i0ation of +a(or &an-s in India on = Gu!y = 7 .

NATIONALISATION :

The RBI was nationalized on Ganuary =, = in ter+s of t%e Reser e Ban- of India


11/76

A se'ond dose of nationa!i0ation of 7 +ore 'o++er'ia! &an-s fo!!o ed in = 9 . T%e statedreason for t%e nationa!i0ation as to "i e t%e "o ern+ent +ore 'ontro! of 'redit de!i ery.1it% t%e se'ond dose of nationa!i0ation, t%e 65I 'ontro!!ed around = of t%e &an-in"

&usiness of India. After t%is, unti! t%e = s, t%e nationa!ised &an-s "re at a $a'e of around, '!oser to t%e a era"e "ro t% rate of t%e Indian e'ono+y.

L,;*r ,= +, '

In t%e ear!y = s, t%e t%en Narsi+%a Rao "o ern+ent e+&ar-ed on a $o!i'y of !i&era!i0ation,!i'ensin" a s+a!! nu+&er of $ri ate &an-s. T%ese 'a+e to &e -no n as New !eneration tech

sa##y banks , and in'!uded 6!o&a! Trust Ban-


12/76

B : r *+ 69 +*10 /* r ;* 5 : r G- *5 + ?.@@ 2 + M /> 2010 ( r * , 1?;9 ! !)T%e yie!ds on t%e 68se' started %ardenin" in ie of t%e i+$endin" !i3uidity s%orta"e due tot%e C6 au'tion, ta/ outf!o s and t%e ee-!y au'tion su$$!y. T%e yie!ds on t%e US Treasurya!so %ardened.C r9 r +* ; /,* r * ; 6 , ,* :9 * , 6, ,+/

T%e = year AAA &ond traded at a yie!d of around 9.7 'o+$ared to 9.7 o&ser ed in t%e $re ious ee-. T%e = year &ond as sta&!e at 7.7 . T%e AAA year 'or$orate &onds%ardened to 9.=9 . T%e %ardenin" is due to t%e in'rease in yie!ds in "o ern+ent se'urities andt%e i+$endin" !i3uidity s%orta"e.

GDP r + , +,

T%e ro&ust 6D# "ro t% of . for t%e FY ? = as tri""ered &y t%e %i"%er t%an e/$e'ted"ro t% fro+ +anufa'turin" and a"ri'u!ture, &oosted &y t%e e'ono+i' sti+u!us. T%e $ri+aryarti'!es inf!ation rate for t%e ee- ended = t% 4ay stood at = . is8M8 is =7.= a ee-ear!ier 8 t%e inde/ de'!ined &y .= . T%e fue! and $o er inde/ rose . ta-in" t%e YoYinf!ation rate to =?. 9 fro+ =?.CC a ee- ear!ier.

F r*, * 5 * r* *r *India s forei"n e/'%an"e reser es for t%e ee- ended ?=st 4ay stood at ? C.C7 &!n !o er &y

?.9 &!n.

G ; * 69 +* r ; : r *+

A''ordin" to t%e ?nd esti+ate re!eased &y t%e Bureau of E'ono+i' Ana!ysis, rea! 6D# of

t%e US in'reased at an annua! rate of C. in t%e first 3uarter of ? = as a"ainst C.? in t%ead an'e esti+ate. In t%e fourt% 3uarter of ? , rea! 6D# %ad in'reased .7 .

As $er t%e 5ffi'e for Nationa! Statisti's, 6D# in t%e UK rose &y .C in t%e first 3uarter'o+$ared to an initia! +easure+ent of .? as re&oundin" in est+ent and t%e &i""est (u+$+anufa'turin" for four years stren"t%ened t%e re'o ery.


13/76

PASSION TO SER#E.PASSION TO PERFORM *

COMPAN$ PROFILE

O6r M, , '

BRIEF HISTOR$ '


14/76

Ban- of Baroda is %a in" a !on", e entfu! and "!orious %istory of +ore t%an = = years. HHSir. 4a%ara( Saya(irao8III founded t%e Ban-.T%e Ban- +ade a %u+&!e &e"innin" in = 9 in as+a!! &ui!din" in Baroda. 5n ? t% Gu!y = 9 Ban- of Baroda Li+ited as re"istered under t%eBaroda o+$anies A't of =9 , it% a $aid u$ 'a$ita! of Rs. = !a's.

In t%e year = C Ban- &e'a+e a s'%edu!ed Ban-. RBI in'!uded t%e Ban- in t%e se'onds'%edu!e of RBI and &rou"%t under dire't 'ontro! of RBI. At t%e ti+e of inde$enden'e in= , Ban- of Baroda as a re"iona! &an- it% 9 &ran'%es. Ho e er, it found a $!a'e inIndia2s OFortune Fi e2 !ist of Ban-s. Durin" = C 8 = 9 Ban- o$ened C ne offi'es and %ad

&e'o+e an a!!8India Ban-. B B r ist%e Crd !ar"est &an- in India, after State Ban- of India and #un(a& Nationa! Ban- and a%ead ofI I I Ban- . BoB %as tota! assets in e/'ess of Rs. ?.? !a-% 'rores , or Rs. ?,? &i!!ion, anet or- of o er C &ran'%es and offi'es, and a&out == P AT4s. It offers a ide ran"e of

&an-in" $rodu'ts and finan'ia! ser i'es to 'or$orate and retai! 'usto+ers t%rou"% a ariety ofde!i ery '%anne!s and t%rou"% its s$e'ia!ised su&sidiaries and affi!iates in t%e areas ofin est+ent &an-in", 'redit 'ards and asset +ana"e+ent.

4a%ara(a% of Baroda Sir Saya(irao 6ae- ad III founded t%e &an- on Gu!y ? , = 9 in t%e $rin'e!y state of Baroda, in 6u(arat . T%e &an-, a!on" it% =C ot%er +a(or 'o++er'ia! &an-s ofIndia, as nationa!ised on = Gu!y = 7 , &y t%e 6o ern+ent of India .

As +any as nine &an-s %a e +er"ed it% Ban- of Baroda durin" its (ourney so far;Hind Ban- Ltd

Ne iti0en Ban- of India Ltd

Surat Ban-in" or$oration Ta+i! Nadu entra! Ban- U+&er"aon #eo$!e Ban- Traders Ban- Li+ited Barei!!y or$oration Ban- Ltd Benares State Ban- Ltd Sout% 6u(arat Lo'a! Area Ban- Ltd


15/76

T * H*r,+ *

It a!! started it% a isionary 4a%ara(a s un'anny foresi"%t into t%e future of trade andenter$risin" in %is 'ountry. 5n ? t% Gu!y = 9, under t%e o+$anies A't of =9 , and it% a

$aid u$ 'a$ita! of Rs = La's started t%e !e"end t%at %as no trans!ated into a stron",

trust ort%y finan'ia! &ody, THE BANK OF BARODA

It %as &een a ise!y or'%estrated "ro t%, in o! in" 'or$orate isdo+, so'ia! $ride and t%eision of %e!$in" ot%ers "ro , and "ro in" itse!f in turn.

T%e founder, M r S / ,r G * , it% %is insi"%t into t%e future, sa a &an- oft%is nature i!! $ro e a &enefi'ia! a"en'y for !endin", trans+ission, and de$osit of +oney and

i!! &e a $o erfu! fa'tor in t%e de e!o$+ent of art, industries and 'o++er'e of t%e State andad(oinin" territories.

T%ese ords are et'%ed into t%e +ind, &ody and sou! of %at %as no &e'o+e a &an-in"!e"end. Fo!!o in" t%e 4a%ara(a s ords, t%e e+&!e+ %as &een 'rafted to re$resent ea!t%,safety, industria! de e!o$+ent and an in'!ination to &etter and $ro+ote t%e 'ountry s a"rariane'ono+y. T%is e+&!e+ s%o s a 'oin, sy+&o!i0in" ea!t%, e+&ossed it% an u$raised $a!+, asafety 'o er for t%e de$ositor s +oney, it% a 'o" %ee! t%at $ro+otes industria! "ro t% intande+ it% t%e t o 'orn ears t%at stand for t%e $ro"ress of t%e sta$!e a"ri'u!tura! "ro t% int%e 'ountry.

T * E+ ,5 '

Bet een = =C and = = , as +any as 9 &an-s fai!ed in India. B B r sur i ed t%e'risis, +ain!y due to its %onest and $rudent !eaders%i$. T%is finan'ia! inte"rity, &usiness


16/76

$ruden'e, 'aution and an a&idin" 'are and 'on'ern for t%e %ard earned sa in"s of %ardor-in" $eo$!e, ere to &e'o+e t%e 'entra! $%i!oso$%y around %i'% &usiness de'isionsou!d &e effe'ted. T%is 'ardina! $%i!oso$%y as o er t%e 'entury o!d e/isten'e, to &e'o+e its

&i""est asset. It ensured t%at t%e Ban- sur i ed t%e 6reat 1ar years. It ensured sur i a! durin"t%e 6reat De$ression. E en %i!e &i" na+es ere dra""ed into t%e Sto'- 4ar-et s'a+ and t%e

a$ita! 4ar-et s'a+, t%e Ban- of Baroda 'ontinued its triu+$%ant +ar'% a!on" t%e &estet%i'a! $ra'ti'es

O6r L '

5ur ne !o"o is a uni3ue re$resentation of a uni ersa! sy+&o!. It 'o+$rises dua!OB2 !etterfor+s t%at %o!d t%e rays of t%e risin" sun. 1e 'a!! t%is t%e Baroda Sun.

T%e sun is an e/'e!!ent re$resentation of %at our &an- stands for. It is t%e sin"!e +ost $o erfu! sour'e of !i"%t and ener"y : its far rea'%in" rays dis$e! dar-ness to i!!u+inatee eryt%in" t%ey tou'%. At Ban- of Baroda, e see- to &e t%e sour'e t%at i!! %e!$ a!! oursta-e%o!ders rea!ise t%eir "oa!s. To our 'usto+ers, e see- to &e a one8sto$, re!ia&!e $artner

%o i!! %e!$ t%e+ address different finan'ia! needs. To our e+$!oyees, e offer re ardin"'areers and to our in estors and &usiness $artners, +a/i+u+ return on t%eir in est+ent.

T%e sin"!e8'o!our, 'o+$e!!in" er+i!!ion $a!ette %as &een 'arefu!!y '%osen, for itsdistin'ti enes as it stands for %o$e and ener"y. T%e Baroda Sun is a fittin" fa'e for our &rand

&e'ause it is a uni ersa! sy+&o! of dyna+is+ and o$ti+is+ : it is +eanin"fu! for our +anyaudien'es and easi!y de'oded &y a!!. It is a si"na! t%at e re'o"ni0e and are $re$ared for ne

&usiness $aradi"+s in a "!o&a!ised or!d. At t%e sa+e ti+e, e i!! a! ays stay in tou'% it%our %erita"e and endurin" re!ations%i$s on %i'% our &an- is founded. By ado$tin" a sy+&o!as si+$!e and $o erfu! as t%e Baroda Sun, e %o$e to 'o++uni'ate &ot%.

INITIAL EMBLEM'

T%e e+&!e+ s%o a 'oin, sy+&oi!i0in" ea!t% , e+&ossed it% an anun$raised $a!+, a safety 'o er for t%e de$ositor2s +oney it% a 'o" %ee! t%at $ro+otesindustria! "ro t% in tande+ it% t%e t o 'orn ears t%at stan for t%e $ro"ress of t%e s)'*+,'(r- /+)/r, (r%0)$ - )$, %/ )r .


17/76

M r *+, I ,+, +, *

T%e +id8ei"%ties +ar-ed t%e &e"innin" of t%e s%ift to a &uyersQ +ar-et. T%e Ban- or'%estratedits &usiness strate"ies around t%e 'entra!ity of t%e 'usto+er. It di ersified into areas of+er'%ant &an-in", %ousin" finan'e, 'redit 'ards and +utua! funds. A strin" of se"+ents$e'ifi' &ran'%es entren'%ed o$erations in t%e $rofita&!e +ar-ets. 5 erseas o$erations erere a+$ed and stru'tura! '%an"es intensified in t%e territories to 'ater to se'ond "eneration

NRIs. S!o !y &ut sure!y, t%e +o e to &e'o+e a one sto$ finan'ia! su$er+ar-et %ad &een set in+otion. Ser i'e de!i ery standards ere sti$u!ated.

Te'%no!o"y as ado$ted to add $un'%. E+$!oyees a'ross t%e &oard ere in'u!'ated it% t%e+ar-etin" 'on'e$t. A""ressi e +ar-etin" &e'a+e t%e ne &usiness $%i!oso$%y.

P* 9 * I ,+, +, *

Ban- of Baroda %as a! ays %ad an i++ense fait% in t%e infinite $otentia! of its $eo$!e. T%is%as &een %istori'a!!y de+onstrated in its re'ruit+ent $ra'ti'es, de e!o$+enta! initiati es,

$!a'e+ent $ro'esses and $ro+otion $o!i'ies. Strate"i' HR inter entions !i-e, a''ordin" 'ross &order and 'ross 'u!tura! or- e/$osure to its +ana"ers, %irin" di erse fun'tiona! s$e'ia!iststo su$$ort !ine fun'tionaries and 'o+$!e+entin" t%e te'%ni'a! 'o+$eten'ies of its $eo$!e &yi+$artin" 'on'e$tua!, +ana"eria! and !eaders%i$ s-i!!s, "a e t%e Ban- 'o+$etiti e ad anta"e.T%e e!a&orate +an +ana"e+ent $o!i'ies a!so +ade t%e Ban- a &reedin" "round for &usiness!eaders. T%e Ban- $ro ided around a do0en E5s to t%e industry8 +en %o ent on to &ui!dot%er "reat institutions. #eo$!e initiati es ere &!ended it% IR initiati es to 'reate aneffe'ti e!y %ar+onious or-$!a'e, %ere e eryone $ros$ered.

F, 5, I ,+, +, *

Ne nor+s for 'a$ita! ade3ua'y re3uired ne 'a$ita! +ana"e+ent strate"ies. In = t%eBan- raised Rs C 'rores t%rou"% a Bond issue. In = 7 t%e Ban- ta$$ed t%e 'a$ita! +ar-et

it% an I#5 of Rs 9 'rores, Des$ite ad erse +ar-et 'onditions $re ai!in" t%en, t%e issueas o er su&s'ri&ed, ref!e'tin" t%e $ositi e $u&!i' $er'e$tion of t%e Ban- s funda+enta!

finan'ia! stren"t%.

T * F6+6r*

Re o!utionary and dis'ontinuous '%an"es in t%e o$eratin" en iron+ent are a star- re+indert%at &usiness su''ess is i+$er+anent . T%e e+er"en'e of IT as a +a(or dri er for '%an"e, %as

a''entuated t%e need to initiate a +a(or transfor+ation $ro"ra+. T%e 'on ersion to an ITsa y, +ar-et dri en &an- i!! &e a $rere3uisite to sur i a! and "ro t%. A +a(or and strate"i'ste$ in %i8te'%, as t%e esta&!is%+ent of t%e Inte"rated Treasury &ran'%, as a forerunner tofu!!8f!ed"ed "!o&a! treasury o$erations. To ards 'reatin" a future Ban- of Baroda, t%e Ban-%as ado$ted a re o!utionary ne &usiness strate"y t%at i!! &e ena&!ed &y a re o!utionary neIT strate"y. A'tionin" t%is strate"y i!! $osition Ban- of Baroda as India s un'ontested

$re+ier &an-.


18/76

At Ban- of Baroda, '%an"e is a (ourney. It %as a &e"innin". T%ere i!! &e no end. It i!! &e a!on" and diffi'u!t +ar'%. And t%e Ban- i!! e+er"e stron"er, +ore resi!ient and $ositioned to

&e'o+e India s first &an- of tru!y "!o&a! standards. T%e re!o'ation to t%e i+$osin" Barodaor$orate entre, is a true ref!e'tion of t%e Ban- s reso! e to +o e a%ead of t%e ti+es. It i!!

not &e out of $!a'e no , as it stands on t%e t%res%o!d of a di"ita! era, to e'%o t%e sa+esenti+ents t%at "uided t%e Ban- in its $!atinu+ (u&i!ee year 8 a $ro+isin" future is t%e se3ue!to a "!orious $ast .

International Presence:

In t%e year = C, ta-in" a $ioneerin" ste$, t%e Ban- o$ened its first o erseas &ran'% at4o+&asa on = .=?.= C fo!!o ed &y t o ot%er &ran'%es at Ka+$a!a and Nairo&i.

Su&se3uent!y, o$erations started in Dar8Es8Sa!aa+ in = 7 and in London in = . At $resent,t%e Ban- %as 9 o erseas net or- &ran'%es offi'es in t%e fo!!o in" ? 'ountries;

= Austra!ia = 6uyana = Tan0ania? Ba%a+as == Hon" Kon" ? Trinidad To&a"oC Ba%rain =? Kenya ?= U"anda

Be!"iu+ =C 4auritius ?? UAEBots ana = 4a!aysia ?C UK

7 Ban"-o- = Sout% Afri'a ? USA%ina =7 Sey'%e!!es ? a+&ia

9 Fi(i Is!and = Su!tanate of 5+an ?7 4o0a+&i3ue6%ana =9 Sin"a$ore ? @uatar

O#ERSEAS SUBSIDIARIES

Ban- of Baroda Ltd.Ban- of Baroda Ltd.

Ban- of Baroda


19/76

Ban- of Baroda Ltd.

Ban- of Baroda


20/76

1 @' Ban- raised Rs. C 'rore t%rou"% a Bond issue to'o+$!y it% ne nor+s of 'a$ita! ade3ua'y.

1 ; Ban- !aun'%ed its initia! $u&!i' offer of = 'roree3uity s%ares for an a""re"ate a+ount of Rs. 9

'rore.

2004' Ban- entered into 45U it% Nationa! Insuran'eo+$any Li+ited for t%eir non !ife insuran'e

$rodu'ts under 'or$orate a"en'y arran"e+ent.

2004' Ban- as ran-ed as t%e &est 'usto+er 'entri' &an-a+on" a!! t%e $u&!i' se'tor &an-s o$eratin" in

India &y t%e +a"a0ine 5ut!oo- 4oney .

200@' Ban-2s ne Lo"o, BAR5DA SUN as !aun'%ed

200@' BS ro!!out in #o ai, 4u+&ai

200 ' Ban- 'a+e out it% a fo!!o on issue of = !a'ss%ares ea'% at a &iddin" $ri'e of Rs. ?C 8 $er

s%are, %i'% %ad a tre+endous res$onse fro+ a!!t%e se"+ents.

200 ' o+$!eted C* +* r/ $* r7 .

200 ' BS ro!! out in = &ran'%es +e"a $ro(e't)Na nir+aan* !aun'%ed

B6 , * P , 9 /'

T%e finan'ia! inte"rity, &usiness $ruden'e, 'aution and ana&idin" 'are and 'on'ern for t%e %ard earned sa in"s of%ard or-in" $eo$!e, ere to &e'o+e t%e 'entra!

$%i!oso$%y around %i'% &usiness de'ision ou!d &eeffe'ted. T%is 'ardina! $%i!oso$%y as o er t%e = yearsof its e/isten'e, to &e'o+e its &i""est asset. T%e &an-in"'risis of = = to = =9 $ut a !o'- on +any &an-s, &ut noton Ban- of Baroda. It not on!y sur i ed &ut a!so e+er"edas a ita! for'e in t%e or!d of &an-in" : a finan'ia!

$o er%ouse.T%e Ban- is e+er"in" stron"er, +ore resi!ientand $ositioned to &e'o+e India2s first &an- of tru!y "!o&a!


21/76

standards.

Pr *5+ NA#NIRMAAN B r N* +7

A 'o+$re%ensi e transfor+ation $ro"ra++e 'a!!ed)NAVNIR4AAN* %as !aun'%ed &y our Ban- on ?? Gune? . T%e Ban- %as $artnered it% 4'Kinsey

o+$any for t%is $ro"ra++e, %i'% is 'entered aroundour 'usto+ers and our e+$!oyees, and %as t o 'oree!e+ents : Business #ro'ess Re8en"ineerin" and5r"ani0ation Restru'turin" .

#ri+ari!y, t%e +ain o&(e'ti e of t%is $ro"ra++e re o! esaround t%e fo!!o in";

Ensure &est in '!ass 'usto+er ser i'eStrea+!ine $ro'esses to +a-e !ife si+$!er fore+$!oyees and 'usto+ersE3ui$ you it% t%e &est too!s and te'%ni3ues todis'%ar"e your ro!es effe'ti e!yA!i"n t%e Ban-2s or"ani0ation stru'ture and syste+s to%e!$ &ui!d OBaroda Ne/t2 and dri e t%e ne strate"y.

MAJOR INITIATI#ES TAKEN B$ BANK INRECENT PAST'

#ara+ars% : entre for $ersona! 'ounse!in" Sa+$ar-:S5S %e!$!ine for e+$!oyee

K%o( : ta!ent identifi'ation and de e!o$+ent $ro"ra++e

Baroda Su(%a 8Staff su""estion s'%e+e

B5B si"ned 45U it% E/i+ Ban-IDF SIDBI for 'o finan'in" of $ro(e'ts

B6#K

45U it% 6ro Ta!ent o. Ltd For HR de e!o$+ent

SUNDARA4 #ARIBAS Asset 4ana"e+ento+$any for 4utua! funds

FRANKLIN TE4#LET5N Asset 4ana"e+ent o.for 4utua! funds


22/76

Baroda 65LD 5IN se!!in" started.

BSE enters into an a"ree+ent it% Ban- of Baroda for'!earin" and sett!e+ent

BS ro!!8out in = &ran'%es

Laun'%in" of GV )IndiaFirst Life Insuran'e o. Ltd.*

S 9 5 *:* for re'o ery

BS#S (B r S r r #, S + )

Baroda S aro("ar Vi-as Sanst%an is a &odyre"istered under So'ieties A't and Trust A't at our Staff

o!!e"e it% t%e #rin'i$a! as its $resident and no it is &ein" +onitored &y #riority Se'tor De$tt, B , 4u+&ai.T%e o&(e'ti es of BSVS are;

=. To $ro ide edu'ation, infor+ation and s-i!!s to yout%for settin" u$ o n enter$rise.

?. To en'oura"e t%e+ to start suita&!e ia&!e e'ono+i'a'ti ities in t%eir !o'a! areas

Gen-Next Branch

1 1. To res$ond to t%e needs of t%e '%an"in" de+o"ra$%i' $rofi!e of t%e 'ountry, t%e &an-%as &een endea orin" to 'usto+i0e de!i ery '%anne!s es$e'ia!!y for yout% se"+ent.

??. As a $art of t%ese efforts, t%e &an- %as set u$ an inno ati e )6en8 Ne/t &ran'%*dedi'ated to yout% and youn" IT $rofessiona!s at #une

CB * R +* 8 9


23/76

B B r offers a ide ran"e of retai! !oans to +eet your di erse needs. 1%et%er t%eneed is for a ne %ouse, '%i!d s edu'ation, $ur'%ase of a ne 'ar or %o+e a$$!ian'es, ouruni3ue and need s$e'ifi' !oans i!! ena&!e you to 'on ert your drea+s to rea!ities.

K*/ 9r 65+ ;

BARODA HOME LOAN'

H :* I:9r *:* + L

B B r &rin"s to you a uni3ue !oan $rodu't. A !oan for Re$airs Reno ations I+$ro e+ent E/tension of Ho+e and for Furniture, Fittin"s Fi/tures.

K*/ B* * ,+

Loan a ai!a&!e for re$airs reno ation i+$ro e+ent e/tension of t%e e/istin" %ouse.


24/76

Loan a ai!a&!e for $ur'%ase of furniture fi/tures furnis%in" ot%er "ad"ets su'% asfans, "eysers, air 'onditioners et'. re3uired, to;

B r M r+ * L

B B r &rin"s to you an inno ati e 'o+&ination of a !oan and o er draft fa'i!ity it%f!e/i&!e re$ay+ent o$tions a"ainst t%e se'urity of your i++o a&!e $ro$erty.

Key Benefits

I * 6 * , * 9r 9*r+/ 8 6enerate additiona! in'o+e fro+ an ot%er ise id!e $ro$erty.

1it%dra +oney as $er your need and sa e on interest 'ost.

De$osit sur$!us +oney re"u!ar in'o+e sa!ary and sa e interest.

B r E 65 +, L '

Edu'ation is t%e +ost i+$ortant in est+ent one +a-es in !ife. Hi"%er studies ands$e'ia!i0ation in 'ertain fie!ds 'a!! for additiona! finan'ia! su$$ort fro+ ti+e to ti+e.

1%et%er you are $!annin" s'%oo! edu'ation of your '%i!d, $ursuin" a"raduate or $ost8"raduate de"ree, t%e B B r E 65 +, L , 'an %e!$ finan'eyour a+&itions and "oa!s.

Fo!!o in" are t%e !oan o$tions a ai!a&!e;

Baroda Vidya

Baroda 6yan

Baroda S'%o!ar

B r #, / '

B B r $resents a one of its -ind finan'e o$tion for $arents of students $ursuin"s'%oo! edu'ation. T%ese !oans are a ai!a&!e for studies fro+ Nursery to Senior Se'ondaryS'%oo!.

B r S5 r'
http://www.bankofbaroda.com/pfs/vidya.asphttp://www.bankofbaroda.com/pfs/gyan.asphttp://www.bankofbaroda.com/pfs/scholar.asphttp://www.bankofbaroda.com/pfs/vidya.asphttp://www.bankofbaroda.com/pfs/gyan.asphttp://www.bankofbaroda.com/pfs/scholar.asp


25/76

B B r $resents finan'ia! assistan'e to students "oin" a&road for #rofessiona! Te'%ni'a! studies. T%e !oan offerin" is desi"ned to e+$o er you it% t%e finan'ia! 'a$a&i!ityto rea!ise your drea+s... A'%ie e your "oa!s... Rea'% out to t%e +a/i+u+ !i+its...

6raduate #ost 6raduate Do'torate Go& 5riented #rofessiona! Te'%ni'a! ourses offered &yre$uted Uni ersities .

BARODA CAR LOAN ;

In today s fast $a'ed or!d, a e%i'!e is &ut a ne'essity. Yet ot%er e/$enses and $!ans in !ifeta-e $riority and t%e drea+ of o nin" a 'ar ta-es a &a'- seat. 1%et%er as a 'o+forta&!e andde$enda&!e +eans of trans$ort or as a status sy+&o! in so'iety, e &e!ie e you deser eo ners%i$ of a e%i'!e.

T%eC r L fro+ B B r are desi"ned to finan'e t%e 'ar t%at suits your need and+at'%es to your status taste.

B r L + D 5+ r

B B r &rin"s to you B r L + D 5+ r , a one of its -ind, desi"ned s$e'ia!!yto 'ater to t%e finan'ia! needs of t%e do'tors.

T%e ad an'e is a ai!a&!e for $ro(e'ts re!ated to settin" u$ e/$ansion of nursin" %o+e %os$ita! '!ini' and $at%o!o"i'a! .

BARODA PERSONAL LOAN ;


26/76

A eddin" in t%e fa+i!y. 4ay&e it s %i"% ti+e you sur$rised your s$ouse it% a $ri'e!ess "ift.5r you si+$!y need to $a+$er your fa+i!y it% an e/tended a'ation. T%ese are t%e ti+es

%en you +ay need a %e!$in" %and. T%at s %en you 'an &an- on us. Ban- of Baroda s#ersona! Loan offers finan'ia! %e!$ to +eet your $ersona! re3uire+ents.

Key Benefits;

He!$s you ta-e 'are of a!! -inds of e/$enses at a s%ort noti'e.

T%e Loan +ay &e a ai!ed to +eet e/$enses re!ated to +arria"e, tra e!, %oney+oon,%o!iday and +edi'a! e/$enditure or for any ot%er $ersona! use.

T%e !oan is a!so a ai!a&!e to #ensioners Defen'e #ensioners

Loan is a!so a ai!a&!e for Earnest 4oney De$osits for &uyers of %o+e f!at $!ot.

B r A r / (R* *r * M r+ * L )

E , ,;, ,+/'

S%ou!d &e Senior iti0en of India, a&o e 7 years of a"e.

4arried 'ou$!es i!! &e e!i"i&!e as (oint &orro ers $ro ided one of t%e+ is a&o e 7years of a"e and a"e of s$ouse is not &e!o years at t%e ti+e of a$$!i'ation.

S%ou!d &e t%e o ner of a residentia! $ro$erty !o'ated in India in %is %ero n na+e.

T%e +a/i+u+ !oan a+ount in'!usi e of interest for entire tenure of t%e !oan s%a!! &e restri'tedto Rs. = 'rore su&(e't to a!ue of t%e $ro$erty. T%e Ban- s%a!! %a e t%e o$tion to re ise

$eriodi' annuity a+ount, if !u+$8su+ $ay+ent is ta-en or at t%e inter a! of e ery years &ased on a!uation of t%e $ro$erty.


27/76

R*9 /:* + L ;

T%e !oan s%a!! &e'o+e due and $aya&!e %en t%e !ast sur i in" &orro er dies or ou!d !i-e tose!! t%e %o+e $er+anent!y +o es out of t%e %o+e for a"ed 'are to an institution or re!ati es.T%e !oan i!!, as su'%, &e'o+e due for re'o ery and $aya&!e.

Sett!e+ent of !oan, a!on" it% a''u+u!ated interest, to &e +et &y t%e $ro'eeds re'ei edout of sa!e of residentia! $ro$erty.

T%e &orro er or %is %er t%eir estate s%a!! &e $ro ided it% t%e first ri"%t to sett!e t%e!oan a!on" it% a''u+u!ated interest, it%out sa!e of $ro$erty. A reasona&!e $eriod of? +ont%s +ay &e $ro ided %en re$ay+ent is tri""ered, for %ouse to &e so!d.

.

B r Tr *r L '

T%e B r Tr *r L fa'i!ity ena&!es indi idua!s, #ro$rietors%i$s, &odies su'% as#artners%i$ fir+s and o8o$ so'ieties to a ai! of or-in" 'a$ita! or underta-e de e!o$+ent ofs%o$ &y ay of !oan o erdraft. Dea!ers in "o!d si! er (e e!ry are a!so 'o ered under t%es'%e+e.

Key Benefits

5$tion to a ai! t%e 'redit fa'i!ity as !oan or o erdraft.

Ad an'e a ai!a&!e u$ to Rs. ? La's.

Loan 'an &e re$aid in a +a/i+u+ $eriod of 7 +ont%s.

T%e &usiness units s%ou!d %a e &een esta&!is%ed in t%e !ine of &usiness for a +ini+u+ $eriod of ? years

on rea!i0a&!e +ar-et a!ue of i++o a&!e $ro$erty.

= on Ban- s o n Fi/ed De$osits.

= on fa'e a!ue of NS s, 6o t. Bonds, surrender a!ue of LI $o!i'ies.

.


28/76

B r T ! ** *rL '

For t%ose indi idua!s %o $refer to tra e! +ore 'onser ati e!y or to "et to t%eir destinationsfaster, a t o8 %ee!er is as +u'% a &oon as it is to a 'ar o ner. 1it% ne er +ode!s 'o+in" outea'% year, t%e o$tions a ai!a&!e to t%e 'usto+er are &ot% attra'ti e as e!! as 'on enient.

B B r < T -! ** *r L +a-e it $ossi&!e to $ur'%ase a t o8 %ee!er and $ay &a'- in easy +ont%!y insta!+ents, t%ere&y redu'in" t%e &urden of a one8ti+e $ay+ent.

A!! resident Indians, sa!aried, $rofessiona!s, se!f8e+$!oyed, &usiness+en and far+ers 'ana$$!y for t%is !oan.

Ter+s onditions

Finan'e for a +ini+u+ of Rs. and a +a/i+u+ of Rs. = La-% 'an &e a ai!ed of t%rou"% t%e !oan.

4ar"in of = on !oan a+ount.

T%e !oan a+ount 'an &e re$aid in +a/i+u+ 7 +ont%s fro+ t%e date of dis&urse+entof !oan.

B r C r**r D* * 9:* +

6ainfu!!y e+$!oyed $ersons intend to $ursue %i"%er edu'ation, o'ationa! 'ourses, trainin"s, $i!ot trainin"s, s-i!! u$ "radation, di$!o+a or de"ree 'ourses offered in a iation, %os$ita!ityand tra e! +ana"e+ent, e/e'uti e de e!o$+ent et'. in India a&road.

E , ,; ,+/ C 6r * '

6raduate, #ost 6raduate, Di$!o+a, #rofessiona! ourses, S$e'ia!i0ation 'oursesoffered &y re$uted Uni ersities Institutions , %a in" assurede+$!oy+ent $ros$e'ts,

S-i!! u$ "radation 'ourses offered &y arious institutes , %a in"assured e+$!oy+ent $ros$e'ts,


29/76

ourses offered &y Hos$ita!ity 4ana"e+ent Institutes for S-i!! u$"rade S%ort 'ourseTrainin" et'.

#i!ot Trainin" ourses, offered &y re$uted Institutions , a$$ro ed &y Dire'tor 6enera! of i i! A iation Internationa! i i! A iation

5r"ani0ation .

S+6 * + E , ,; ,+/ '

S%ou!d &e an Indian Nationa!.

Ha e se'ured ad+ission to t%e 'ourse t%rou"% entran'e test +erit &ased se!e'tion $ro'ess.

L A , + F6+6r* R* + R*5*, ; *

Has &een de e!o$ed 'onsiderin" t%e "ro t% $otentia! in t%e rea! estate in arious +etros andur&an 'enters, %ere +any 'o++er'ia! $ro$erties s%o$$in" +a!!s are &ein" de e!o$ed and t%eo ners a$$roa'% &an-s for !oans a"ainst se'uriti0ation of future rent re'ei a&!es fro+ su'%

$ro$erties.

Key Benefits

T%e s'o$e for t%e Ne #rodu't %as &een -e$t ide to 'o er t%e tar"et "rou$s, i0.

o ners of i++o ea&!e $ro$erties &e!on"in" to a!! ty$es of t%e 'onstitution. T%e +ini+u+ and +a/i+u+ !oan !i+its are fi/ed at Rs.= !a' and Rs.= !a's

res$e'ti e!y.

Baroda Ho+e Loans to NRIs #I5s

B B r $resents yet anot%er inno ati e $rodu't in t%e for+ of Baroda Ho+e Loansto NRIs #I5s, a uni3ue %ousin" !oan fa'i!ity desi"ned s$e'ia!!y for Non Resident Indians and #erson of Indian 5ri"in .

Key Benefits

A !oan $rodu't tai!or8+ade for NRI #I5 needs

5$t for F!e/i Rate $!an to %ed"e t%e interest rate ris- &y &rea-in" t%e !oan into t ose$arate a''ounts

Free $ro$erty insuran'e and $ersona! a''ident insuran'e


30/76

No $re $ay+ent fore'!osure '%ar"es for $art as e!! as fu!! $re$ay+ent < %en re$aidfro+ o n sour'es &y t%e &orro er> .

B r H :* L + NRI PIO ;

B B r $resents yet anot%er inno ati e $rodu't in t%e for+ of Baroda Ho+e Loansto NRIs #I5s, a uni3ue %ousin" !oan fa'i!ity desi"ned s$e'ia!!y for Non Resident Indians and #erson of Indian 5ri"in .

Key Benefits

A !oan $rodu't tai!or8+ade for NRI #I5 needs

5$t for F!e/i Rate $!an to %ed"e t%e interest rate ris- &y &rea-in" t%e !oan into t ose$arate a''ounts

Free $ro$erty insuran'e and $ersona! a''ident insuran'e No $re $ay+ent fore'!osure '%ar"es for $art as e!! as fu!! $re$ay+ent < %en re$aid

fro+ o n sour'es &y t%e &orro er>

D*9 ,+ '

B B r offers arious de$osit $!ans t%at you 'an '%oose fro+ de$endin" ont%e ter+ $eriod, nature of de$osit and its uni3ue sa in" and it%dra a! features.

A$art fro+ 'o+$etiti e interest rates and 'on enient it%dra a! o$tions, our de$osit $!ans offer ot%er features su'% as o erdraft fa'i!ity, outstation '%e3ue 'o!!e'tions, safede$osit !o'-ers, AT4 s et'.

%oose fro+ F, * , C6rr* + and S , De$osit $!ans.

Fi/ed de$osits are 'ate"orised into de$osits it% a ter+ $eriod of !ess t%an =? +ont%s,+ore t%an =? +ont%s and re'urrin" de$osits. T%ese de$osit $!ans offer 'on enientso!utions to &ot% or-in" indi idua!s as e!! as senior 'iti0ens.

urrent and sa in" de$osits are idea! for indi idua!s %o is% to ta-e ad anta"e of

+u!ti$!e &enefits it%in t%e sa+e $!an and e en &e e!i"i&!e to o$t for o erdrafts.G* N* + S*r ,5* ;

G* -N* + J6 , r (S , A55 6 +)
http://www.bankofbaroda.com/pfs/fixed.asphttp://www.bankofbaroda.com/pfs/current.asphttp://www.bankofbaroda.com/pfs/savings.asphttp://www.bankofbaroda.com/pfs/fixed.asphttp://www.bankofbaroda.com/pfs/current.asphttp://www.bankofbaroda.com/pfs/savings.asp


31/76

#rodu't Nature

T%is is a S$e'ia! -ind of Sa in"s Ban- De$osit $rodu't for '%i!dren to &e +adea ai!a&!e in 6en8Ne/t #une &ran'%.

G* -N* + L, * +/ *

Ty$e 5f Fa'i!ity

Ter+ Loan < o+&o #a'->

#ur$ose

#ur'%ase of Ho+e Furnis%in"s onsu+er Dura&!e "oods .

#ur'%ase of e%i'!e i.e. t o8 %ee!er four8 %ee!er.

#ur'%ase of La$to$ # .

#ur'%ase of any ne e!e'troni' "ad"ets !i-e 4o&i!e, i8#od, Handy'a+ et'.

Tar"et 6rou$

1or-in" 6en8Ne/t #o er


32/76

Indi idua!s in t%eir sin"!e (oint na+es. 4inors of a"e = years and a&o e (oint!y it% t%eir $arents natura! "uardians.

4inors &e!o = years a"e t%rou"% t%eir $arents.

DEBIT CARD '

B B r I +*r +, D*;,+ C r is a''e$ted at o er Visa E!e'tron AT4s inIndia and = AT4s or!d ide. T%e 'ard is a!so a''e$ted at any C +er'%antout!ets in India and around ? +i!!ions "!o&a!!y. T%e 'ard ena&!es you to en(oy t%e'on enien'e of 'as%8!ess $ur'%asin" $o er it%out t%e fear of o erdra in" your a''ount

Key Benefits

Ta-e ad anta"e of t%e +ost ide!y a''e$ted 'ard and &e a&!e to it%dra fro+ anyAT4 dis$!ayin" t%e VISA !o"o, in India and a&road.

At VISA E!e'tron +er'%ant s%o$s, it 'an a!so ser e as your e!e'troni' $urse, and+oney "ets de&ited instant!y fro+ your a''ount, as you $ay.

T%e ard a!!o s you to "et +ini8state+ents fro+ Ban- of Baroda AT4s, or to '%e'-t%e &a!an'e in your a''ount, a oidin" isits to e en our nearest &ran'%es.

R*:,++ 5* (B r M */ E 9r* >;

Business re!ations "et stren"t%ened and add to t%e trust %en finan'ia! dea!in"s %a$$en onti+e. T%e Baroda 4oney E/$ress r*:,++ 5* 5, ,+/ ensure instant $ay+ents and transfer offunds, sa in" you and your asso'iates fro+ aitin" end!ess!y for funds to "et 'redited.

T%is fa'i!ity is a ai!a&!e for &ot% retai! and 'or$orate 'usto+ers ena&!in" effi'ient and easytransfer of +oney. So no +ore de!ays in transfer of funds ty$i'a! of Ban-er s %e3ue, De+andDrafts , 4ai! Transfers and Te!e"ra$%i' Transfers.
http://mypop%28%27bc.asp%27%2C%27application%27%2C450%2C280%29/http://mypop%28%27bc.asp%27%2C%27application%27%2C450%2C280%29/http://mypop%28%27dd.asp%27%2C%27application%27%2C450%2C310%29/http://mypop%28%27dd.asp%27%2C%27application%27%2C450%2C310%29/http://mypop%28%27bc.asp%27%2C%27application%27%2C450%2C280%29/http://mypop%28%27dd.asp%27%2C%27application%27%2C450%2C310%29/http://mypop%28%27dd.asp%27%2C%27application%27%2C450%2C310%29/


33/76

T%e fa'i!ity is a ai!a&!e at C &ran'%es a'ross C 'entres in India in'!usi e of a!! &ran'%es inA%+eda&ad, Ban"a!ore, %ennai, De!%i, Hydera&ad, 4u+&ai, and #une.

K*/ B* * ,+ '

an &e used to transfer +oney to t%e &enefi'iary s a''ount in t%e sa+e &an-, or anot%er &an- or e en to t%eir residentia! offi'e address, t%us offerin" 'on enient o$tions.

T%is e!e'troni' re+ittan'e is t%e fastest ay of transferrin" +oney fro+ one $!a'e.

D*: + ;

T%e De$ository syste+ as introdu'ed in India +ore t%an a de'ade &a'-.

Today t%e ord De+at is e!! -no n and +ost of t%e in estors are 'on ersant it% t%eDe+at of s%ares and se'urities.

#resent!y, t%ere are on!y t o de$ositories fun'tionin" in India and t%ey are;8

i. Nationa! Se'urities De$ository Li+ited andii. entra! De$ository Ser i'es Li+ited < DSL>.

Finan'ia! Institutions, &an-s, 'ustodians and sto'-&ro-ers 'o+$!yin" it% t%e re3uire+ents $res'ri&ed &y Se'urities E/'%an"e Board of India 'an &e re"istered as a De$ository#arti'i$ant .

A D*9 ,+ r/ P r+,5,9 + is an a"ent of t%e De$ository %o is

aut%ori0ed to offer de$ository ser i'es to in estors. T%us to o$en a De+at a''ount of anin estor, a &an- or its &ran'% %as to "et re"istered .

B r H* + '

B r H* + (M* ,5 ,: I 6r 5* P ,5/) r B A55 6 + *r .

1it% a ie to offer a!ue added ser i'es to our 'usto+ers, e %a e de e!o$ed a 'o8&randedinsuran'e $rodu't 'a!!ed as BarodaHea!t%


34/76

A''identa! in(ury and or any ai!+ent.

Any sur"ery t%at is re3uired in res$e't of any disease or a''ident t%at %as arisen durin"t%e $o!i'y $eriod

T%e +ini+u+ %os$ita!i0ation s%ou!d &e for ? %ours.C *5+, S*r ,5*

O6+ r B, r C *5+, '

A!! &ran'%es of B B r %a e t%e fa'i!ity of 'o!!e'tin" %e3ues, De+and Drafts,Interest 1arrants, Di idend 1arrants, Refund 5rders, !ean Bi!!s and Do'u+entary Bi!!sfro+ 'usto+ers and arious 'entres.. A!! %e3ues and ot%er instru+ents are 'o!!e'ted into

$ro$er!y introdu'ed a''ounts and sent for 'o!!e'tion on t%e day of re'ei$t fro+ t%e 'usto+ersor t%e ne/t or-in" day.

T,:* B 6 C *5+, '

A!! &ran'%es of B B r are $ro+$t in ter+s of t%e 'o!!e'tions and for ardin" of'%e3ues and ot%er instru+ents. For +etro 'ities, %en finan'ia! instru+ents are $resented in a

&ran'%, t%e $ro'eeds are 'redited to t%e 'usto+er s a''ount on t%e sa+e day in t%e fo!!o in"ee-. For state 'a$ita!s, , a+ount is 'redited on!y

after = days. If t%ese instru+ents are not 'o!!e'ted it%in = days of !od"e+ent, interest ? $er annu+ o er sa in"s &an- rate is $aid and is 'redited to t%e 'usto+er s a''ount, it%outt%e 'usto+er %a in" to '!ai+ it.

Bran'%es a!so a''e$t re3uests for 'o!!e'tion of Loan ertifi'ates FDRs issued &y Goint Sto'-os.J $ri0e +oney of Lottery Ti'-ets, Forei"n urren'y Notes et'. T%e &an- !e ies ser i'e

'%ar"es as sti$u!ated fro+ ti+e to ti+e.

I r B, r C *5+, '

Bi!!s of E/'%an"e, #ro+issory Notes, Hundi s et'. < !ean Do'u+entary>, $aya&!e !o'a!!y &utre'ei ed fro+ outstation &ran'%es &an-s $arties are treated as In ard Bi!!s for o!!e'tion .A!so, Bi!!s re'ei ed fro+ B B r &ran'%es and fro+ ot%er &an-s, dire't!y fro+dra ers or outstation $arties are treated as Usan'e Bi!!s.

BOB &6,5 '

T%e Funds 'o!!e'ted in t%is offerin" are 'redited to t%e 'usto+er s a''ount it%in a "uaranteed $eriod of days. B B r < BOB &6,5 ensures a &etter 'o!!e'tion ser i'e, %i'%'reates ne a enues of in'o+e and ensures &etter in est+ent of funds. A!! '%e3ues a+ountin"to Rs. ? 8 and a&o e are dra n on se!e't &an-s and are e!i"i&!e for &6,5 , +*r + +,


35/76

5 * r, . Rs. 8 $er $a'-et is '%ar"ed for 'ourier '%ar"es it% an additiona! &ut no+ina!'o!!e'tion '%ar"e.

N +, C * r, S9*5, F 5, ,+,* '

T%is $rodu't is an underta-in" &y t%e R* *r * B I , , for inter 'ity '!earin" of'%e3ues &et een t%e four +etro$o!itan 'entres of De!%i, 4u+&ai, %ennai and a!'utta.

Key Benefits

Sett!e+ent of transa'tions on t%e &asis of net a!ue of instru+ents.

A!! finan'ia! instru+ents are '!eared $ro+$t!y it% t%e introdu'tion of +e'%anised'%e3ue $ro'essin", a'%ie ed t%rou"% 4I R te'%no!o"y. T%e 'on'e$t of '!earin" %as

&een e/tended to '!earan'e of outstation '%e3ues a!so.

In addition to t%e four +etro$o!itan 'entres, 'ertain ot%er 'entres %a e a!so &eenidentified for O * ! / N +, C * r, . T%ese 'entres are Na"$ur, A%+eda&ad,Hydera&ad, Ban"a!ore, #ondi'%ery, Tri'%y, Tri endru+, Ve!!ore, Baroda, Erode,4adurai, and +ore.

E *5+r ,5C * r, S*r ,5* (ECS)'

T%is is a uni3ue syste+ under %i'% B B r %e!$s 'o+$anies and institutions+a-in" %ea y $ay+ents dis&urse t%ese a+ounts dire't!y into t%e &an- a''ounts of t%e

&enefi'iaries su'% as a''ount %o!ders, s%are%o!ders, in estors et'.

! * *B , ;

Ban- %as identified t%e fo!!o in" ne &usiness se"+ents as a ste$ to ard &e'o+in" 4u!tiS$e'ia!ist Ban-.

1%o!esa!e


36/76

Do+esti'5$erations

B B r %as set u$ dedi'ated des-s at t%e SITB , %eaded &y e/$erien'ed $rofessiona!s,for underta-in" arious ty$es of treasury a'ti ities in different finan'ia! +ar-ets. A$art fro+a'ti ities $ertainin" to +ana"e+ent of funds and !i3uidity, t%e do+esti' treasury a!so %and!esfinan'ia! instru+ents !i-e;

o++er'ia! #a$ers < #> ertifi'ate of De$osits < D>

6o ern+ent Se'urities

Treasury Bi!!s

Bonds and De&entures

E3uities and arious ot%er deri ati es.

T%e $rodu'ts and ser i'es offered &y SITB 'ater to t%e inter8&an- +ar-et as e!! as to t%eor$orate 'usto+ers of t%e &an-. T%e Ban- is an a'ti e $arti'i$ant &ot% in t%e inter8&an-

+ar-et and t%e 'or$orates for a!! t%e $rodu'ts.

T%e Ban- offers its 'usto+ers, in'!udin" fir+s, 'o+$anies, 'or$orate &odies, institutions, $ro ident funds trusts, Re"iona! Rura! Ban-s, Ur&an oo$erati e Ban-s and Non8Ban-in"Finan'ia! o+$anies o$$ortunities to in est in 6o ern+ent Se'urities as a!!o ed &y Reser eBan- of India for non8'o+$etiti e &iddin".

F r* O9*r +, ;

B B r , one of t%e +a(or $u&!i' se'tor &an-s in India %a in" a stron" "!o&a! $resen'e it% a ide net or- of 7= o erseas offi'es, in'!udin" t%ose of su&sidiaries, s$reado er =7 'ountries, is 'onsidered as a +ar-et !eader in forei"n e/'%an"e o$erations in India. At

$resent t%e Ban- is %a in" &ran'%es offi'es in 'ountries !i-e USA, UK, Be!"iu+, Sout%Afri'a, Hon" Kon", UAE, 5+an, Fi(i Is!ands, 4auritius, Sey'%e!!es, Ba%a+as, 6uyana,Kenya, U"anda and a+&ia

T%e Ban- %as 'o+$!eted fifty years of o$erations in o erseas territories and is $oised toe/$and its rea'% to 'ountries !i-e Tan0ania and %ina, a$art fro+ 'onso!idatin" its o erseaso$erations in t%ose 'ountries %ere t%e &an- %as a!ready +ade its $resen'e fe!t.

T%e +odern state8of8t%e8art dea!in" roo+ at its S$e'ia!ised Inte"rated Treasury Bran'% at 4u+&ai $ro ides t%e ne'essary %ere it%a! to its desi"nated &ran'%es a'ross t%e !en"t%and &readt% of t%e 'ountry aut%ori0ed to %and!e forei"n e/'%an"e &usiness of its '!iente!e. T%e

&an- %as retained its $ri+a'y as a !eadin" +ar-et +a-er &ot% in s$ot and for ard +ar-ets,a!on" it% forei"n e/'%an"e s a$ +ar-ets.


37/76

T%e fore/ dea!in" des- at t%e SITB is $ro ided it% a!! +odern 'o++uni'ation fa'i!ities andis in t%e $ro'ess of !in-in" a!! its aut%ori0ed &ran'%es ia Reuters Auto+ated Dea!in" Syste+,to $ro ide on8!ine 3uotes for forei"n e/'%an"e transa'tions.

T%rou"% its !ar"e net or- of aut%ori0ed &ran'%es, t%e &an- 'aters to t%e forei"n e/'%an"eneeds of its '!iente!e en"a"ed in e/$ort and i+$ort trade and t%e SITB $ro ides rates for'on ersion of a!! +a(or or!d 'urren'ies !i-e U S Do!!ar, Ster!in" #ounds, Euro, S iss Fran's,Ga$anese Yen and ot%er e/oti' 'urren'ies. T%e ser i'es to t%e 'usto+ers of t%e Ban- in'!ude%ed"in" of forei"n 'urren'y ris-s &y $ro idin" for ard 'o ers and arious deri ati es

$rodu't.

IN RURAL SE T5R ;

B 9 , r R6r D* * 9:* +

Ban- of Baroda, sin'e its in'e$tion on ? t% Gu!y = 9 &y t%e "reat isionary 4a%ara(aSaya(irao 6ae- ard III, %as &een in t%e forefront for so'ia! 'o++it+ent it% its inno ati ea$$roa'%es and $rodu'ts. A $assion for a"ri'u!ture and rura! de e!o$+ent and to ser e t%e'o++on +an is in"rained in t%e Ban-2s $%i!oso$%y.

In t%e $ast, t%e Ban- %as ta-en a nu+&er of initiati es su'% as o$enin" of s$e'ia!i0ed out!ets of6ra+ Vi-as Kendras and 4u!ti Ser i'e A"en'ies . Baroda S aro("ar Vi-asSanst%an is anot%er initiati e for 'a$a'ity &ui!din" &y $ro idin" a$$ro$riate trainin"for s-i!! u$"radation to une+$!oyed yout% and o+en for t%eir "ainfu! e+$!oy+ent.

C* +* r/ $* r 5 ::,+:* +

Durin" t%e entenary Year, t%e Ban- is 'o++itted to 'ontinue its initiati es to ardsor$orate So'ia! Res$onsi&i!ities. Baroda 6ra+een #ara+ars% Kendra : a 'entre for

Kno !ed"e S%arin", #ro&!e+ so! in" and redit ounse!in" for t%e Rura! o++unity, is one

of su'% initiati es.

C 5*9+ '

For t%e rura! 'o++unity, es$e'ia!!y for t%e far+ers, t%ere is a &i" K * * G 97 infinan'ia! !itera'y, &etter far+in" $ra'ti'es, te'%no!o"y ado$tion, di ersifi'ation ofo$$ortunities, +ar-et !in-ed $ri'es, a!ue addition ser i'es offered &y arious institutions,

o+en e+$o er+ent and a!so for e+$!oy+ent o$$ortunities for rura! yout%. In addition to


38/76

t%is, t%e defi'ien'ies i"noran'e a&out 'redit re!ated re$ay+ent durin" distress situations 'a!!for 'redit 'ounse!in".

1it% a ie to assist t%e rura! 'o++unity, t%e Ban- %as 'on'e$tua!ised )Baroda 6ra+een#ara+ars% Kendra * and its i+$!e+entation &y t%e dedi'ated tea+, %i'% ou!d &ui!dt%e 'onfiden'e of t%e rura! $eo$!e.

A5+, ,+,* + ;* 5 *r* '

Finan'ia! Edu'ation and Finan'ia! In'!usion Infor+ation s%arin" and $ro&!e+ so! in" on te'%ni'a! issues

redit 'ounse!in"

Ser i'es offered;

1. F, 5, E 65 +, F, 5, I 5 6 , '

o S$readin" )Finan'ia! A areness* a+on" rura! +asses t%rou"% i!!a"e !e e!+eetin"s and %e!$ t%e+ to '%oose suita&!e &an-in" $rodu'ts.

o = Finan'ia! In'!usion in 8= i!!a"es.

2. I r: +, r, 9r ; *: , '

o Interfa'e sessions it% t%e Su&(e't 4atter S$e'ia!ists fro+ Kno !ed"einstitutions !i-e A"ri. Uni ersities, KVKs, N65s, et'.

o #ro idin" e/tension ser i'es to t%e far+ers &y or"ani0in" $arti'i$atin" in6ra+een +e!as, TV Radio ta!-s, Fi!+ #u$$et s%o s, et'.

o 4aintainin" a s+a!! !i&rary 'ontainin" &oo-s, (ourna!s, audio8 isua! aids, et'.

o Infor+ation on t%e $ri'es of A"ri'u!ture 'o++odities in arious +andis a'rosst%e 'ountry so t%at t%e far+ers 'an se!! t%eir $rodu'ts at &est $ri'e.

3. Cr* ,+ C 6 * , '

o #ro idin" 'redit 'ounse!in" on re$ay+ent $attern, re$%ase+ent,res'%edu!e+ent and fres% 'redit durin" distress situations for rura! $eo$!e.


39/76

Baroda Fi/ed De$osit A''ount

1%y (ust !et your +oney id!e, %en you 'an id!e it it% interestWDe$endin" on t%e $eriod, our arious fi/ed de$osit $rodu'ts %e!$ you "et t%e &est out of yoursa in"s &y offerin" you "ood interest rates.

En(oy &ot% se'urity and 'o+$etiti e rates of interest on your de$osits it% any of t%efo!!o in" $rodu'ts. !i'- ea'% $rodu't for +ore infor+ation.

F r D*9 ,+ 69+ 12 : + '

o S r+ D*9 ,+

F r D*9 ,+ *r 12 : + '

o F + A55* D*9 ,+ S5 *:*

o B B F * ,; * F, * D*9 ,+ S5 *:*

o R* 6 r I 5 :* P

AGRICULTURE'

A6RI ULTURAL FINAN E S HE4ES ;

A"ri'u!ture &ein" t%e &a'-&one of t%e Indian E'ono+y, Ban- of Baroda, is 'ontri&utin"si"nifi'ant!y in a''e!eratin" t%e $a'e of rura! de e!o$+ent &y $ro idin" finan'e to far+ers &y

ay of fo!!o in" a"ri'u!ture $rodu'ts.

Baroda Kisan redit ard 8 E+$o erin" t%e far+er ; T%e BK fa'i!itydesi"ned e/'!usi e!y for t%e &enefit of t%e far+ers ai+s to $ro ide t%e+ t%eo$$ortunity to +ana"e and uti!ise t%eir funds in t%e +anner t%ey dee+ fit. BK

$ro ide ade3uate and ti+e!y su$$ort to far+ers for t%eir $rodu'tion needs e.". $ur'%ase of 3ua!ity in$uts, in est+ent re3uire+ents !i-e $ur'%ase of a"ri'u!turei+$!e+ents tra'tor et', far+in" e/$enses to ards far+ +aintenan'e, unforeseenfa+i!y e/$enses


40/76

A S: S5 * I 6 +r, U ,+, is one %i'% is en"a"ed in t%e +anufa'ture, $ro'essin" or $reser ation of "oods or is a ser i'in" and re$air or-s%o$ underta-in"re$airs of +a'%inery used for $rodu'tion, +inin" or 3uarryin" or 'usto+ ser i'e unit, %a in" in est+ents in $!ant and +a'%inery


41/76

$ro+$t and $a$er!ess &an-in" so!utions. At t%e sa+e ti+e, it a!so fo'uses on nurturin" !on"ter+ re!ations%i$s and su$erior 'usto+er ser i'e.

STICKMAN

T%e $rota"onist Sti'-+an is our 'usto+er %o dis'o ers t%e (oy of te'%no!o"y in &an-in"it% Ban- of Baroda. In a series of ads, sti'- +an fa'es a nu+&er of tri'-y situations %i'% %e

reso! es usin" Ban- of Baroda2s ser i'es in a %u+orous and endearin" +anner. You i!!e/$erien'e t%e +a"i' as you furt%er surf t%e $a"es of t%is site

PRODUCT OF BARODA NEXT :

ONLINE PA$MENT OF INSURANCE PREMIUMS

To un!eas% t%e $o er of te'%no!o"y for t%e 'on enien'e of our 'usto+ers, e %a e de ised a

series of e8&an-in" $rodu'ts and ser i'es.

T%rou"% Baroda onne't internet &an-in" fa'i!ity, e !et you $ay your insuran'e $re+iu+on!ine so t%at you don t %a e to run around to $ay your $re+iu+s.

Be'ause at Ban- of Baroda, e understand ti+e is ery $re'ious to you, and e are 'o++itted to'o+$!i+ent your effort to do t%in"s faster it% !ess strain or stress to you.

HOME LOAN' MO#E INTO DREAM HOME IN DA$S'

You don t %a e to ait for your drea+ %o+e for !on". T%rou"% si+$!ified $ro'essin" syste+s, eoffer you %o+e !oan in (ust 7 days. T%e !oan is a ai!a&!e for 'onstru'tion of ne %ouse, $ur'%ase ofne o!d %ouse f!at residentia! $!ot and e/tension reno ation of e/istin" %ouse f!at.

Loans are a!so a ai!a&!e for t%ose %o is% to transfer t%eir e/istin" %o+e !oan fro+ anot%erfinan'ia! institution &an- to Ban- of Baroda.

ONLINE UTILIT$ BILLS PA$MENT '


42/76

To un!eas% t%e $o er of te'%no!o"y for t%e 'on enien'e of our 'usto+ers, e %a e de ised a series ofe8&an-in" $rodu'ts and ser i'es.

No you 'an sto$ orryin" a&out due dates of your &i!!s and !i e a re!a/ed !ife as e +a-e !ife easier &y offerin" Baroda onne't internet &an-in" fa'i!ity to $ay your &i!!s on!ine.

Be'ause at Ban- of Baroda, e understand ti+e is ery $re'ious to you, and e are 'o++itted to'o+$!i+ent your effort to do t%in"s faster it% !ess strain or stress to you.

INDIAFIRST LIFE INSURANCE'

J , + * +6r* ; ; r % L* % G* *r % A r B

GOLD COIN'

Ban- of Baroda offers sa!e of ? Karat . $ure S iss +ade "o!d 'oins it% Assay ertifi'ation int%e deno+ination of ?, , 9 "ra+s in round s%a$e and = "ra+s &ar. T%ese 'oins are a ai!a&!e forsa!e at se!e't #5S Bran'%es . Baroda Vidyast%a!i Loan

B r #, / + , Loan is a s$e'ia! s'%e+e for finan'in" Edu'ationa! Institutions.

PURPOSE

To +eet t%e finan'ia! re3uire+ents for settin" u$ t%e institutions %i'% in'!udes 'onstru'tion of &ui!din", $ur'%ase of e3ui$+ent et'. for t%e ne set u$ as a!so reno ation of t%e e/istin" fa'i!ities, $ur'%ase of instru+ents for i+$artin" edu'ation trainin" to t%e students.

B r Ar / : L '

PURPOSE

To +eet t%e finan'ia! re3uire+ents for settin" u$ of ne Nursin" Ho+e Hos$ita! in'!udin"#at%o!o"i'a! La&oratory, E/$ansion reno ation +oderni0ation of e/istin" Nursin" Ho+e Hos$ita!in'!udin" #at%o!o"i'a! La&oratory, #ur'%ase of +edi'a! dia"nosti' e3ui$+ents as a!so offi'ee3ui$+ents, i0. 'o+$uters, air 'onditioners, offi'e furniture, #ur'%ase of a+&u!an'e et' and to +eet

or-in" 'a$ita! re3uire+ents.

B r Ar+, Cr* ,+ C r (BACC)'


43/76

PURPOSE

To $ro ide ade3uate and ti+e!y assistan'e to t%e artisans to +eet t%eir 'redit re3uire+ents 8 &ot% in est+ent needs as e!! as or-in" 'a$ita! 8 in a f!e/i&!e and 'ost effe'ti e +anner. T%es'%e+e is i+$!e+ented in rura! and ur&an areas.

L U *r I +*r* + S6; , / E , ,;, ,+/ C*r+, ,5 +* S5 *:* K , % #, * I 6 +r,*C ::, , (K#IC-ISEC)

P6r9 *

To finan'e institutiona! finan'in" a"en'ies for !endin" to K%adi Vi!!a"e Industries

CREDIT CARD'

BOBCARD E"CLUSI#E !OMAN

DESCRIPTIONB5B ARD E/'!usi e 1o+an ard is a tri&ute to t%e "!orious o+en of India %o are a''!ai+ed fort%eir 'ontri&utions to t%e %u+an 'i i!i0ation. B5B ARDS $resents t%is ard to offer its "ratitude to t%e"reat o+en sou!s of t%e !and.T%is 'ard is e!'o+ed at o er ? +i!!ion 4er'%ant Esta&!is%+ents and o er 9, , AT4s

MARKETING STRATEG$ OF THIRD PART$ PRODUCT IN GENERAL AND NONLIFE PRODUCT '

H, + r/ , 6r 5*
http://en.wikipedia.org/wiki/History_of_insurancehttp://www.bobcards.com/apply.htmhttp://en.wikipedia.org/wiki/History_of_insurance


44/76

Insuran'e &e"an as a ay of redu'in" t%e ris- of traders, as ear!y as B in %ina and B in Ba&y!on. Life insuran'e dates on!y to an'ient Ro+eJ &uria! '!u&s 'o ered t%e

'ost of +e+&ers funera! e/$enses and %e!$ed sur i ors +onetari!y. 4odern !ife insuran'estarted in = t% 'entury En"!and , ori"ina!!y as insuran'e for traders X ; +er'%ants, s%i$ o nersand under riters +et to dis'uss dea!s at L!oyd s offee House, $rede'essor to t%e fa+ousL!oyd s of London.

T%e first insuran'e 'o+$any in t%e United States as for+ed in %ar!eston, Sout% aro!ina in= C?, &ut it $ro ided on!y fire insuran'e. T%e sa!e of !ife insuran'e in t%e U.S. &e"an in t%e!ate = 7 s. T%e #res&yterian Synods in #%i!ade!$%ia and Ne Yor- 'reated t%e or$orationfor Re!ief of #oor and Distressed 1ido s and %i!dren of #res&yterian 4inisters in = JE$is'o$a!ian $riests or"ani0ed a si+i!ar fund in = 7 . Bet een = 9 and =9C +ore t%an t odo0en !ife insuran'e 'o+$anies ere started, &ut fe er t%an %a!f a do0en sur i ed.

#rior to t%e A+eri'an i i! 1ar , +any insuran'e 'o+$anies in t%e United States insured t%e !i es of s!a es for t%eir o ners. In res$onse to &i!!s $assed in a!ifornia in ? = and in I!!inois in ? C, t%e 'o+$anies %a e &een re3uired to sear'% t%eir re'ords for su'% $o!i'ies. Ne Yor- Life for e/a+$!e re$orted t%at Nauti!us so!d 9 s!a e%o!der !ife insuran'e $o!i'ies durin" at o8year $eriod in t%e =9 sJ t%ey added t%at t%eir trustees oted to end t%e sa!e of su'%

$o!i'ies = years &efore t%e E+an'i$ation #ro'!a+ation .

Insuran'e de e!o$ed fro+ t%e fourteent% 'entury as a +eans of s$readin" %u"e ris-s attendanton ear!y +ariti+e enter$risesJ !ife and fire insuran'e de e!o$ed !ater. T%e +ain '!asses ofinsuran'e are !ife and ot%er $ersona! insuran'e, +arine insuran'e, a''ident or $ro$ertyinsuran'e and !ia&i!ity insuran'e %en t%e su+ &e'o+es $aya&!e %en !e"a! !ia&i!ity is

in'urred as for $ersona! in(uries or $rofessiona! ne"!i"en'e to anot%er.

LIFE INSURANCE '

!ife insuran'e is a 'ontra't &et een t%e insurer and t%e policy owner %ere&y a &enefit is $aidto t%e desi"nated &enefi'iaries if an insured e#ent o''urs %i'% is 'o ered &y t%e $o!i'y. Inreturn, t%e $o!i'y o ner a"rees to $ay a sti$u!ated a+ount at re"u!ar inter a!s or in !u+$ su+s.T%ere +ay &e desi"ns in so+e 'ountries %ere &i!!s and deat% e/$enses $!us 'aterin" for afterfunera! e/$enses s%ou!d &e in'!uded in #o!i'y #re+iu+. In t%e United States, t%e $redo+inantfor+ si+$!y s$e'ifies a !u+$ su+ to &e $aid on t%e insured s de+ise.

Life8&ased 'ontra'ts tend to fa!! into t o +a(or 'ate"ories;

#rote'tion $o!i'ies 8 desi"ned to $ro ide a &enefit in t%e e ent of s$e'ified e ent,ty$i'a!!y a !u+$ su+ $ay+ent. A 'o++on for+ of t%is desi"n is ter+ insuran'e.

In est+ent $o!i'ies 8 %ere t%e +ain o&(e'ti e is to fa'i!itate t%e "ro t% of 'a$ita! &yre"u!ar or sin"!e $re+iu+s. o++on for+s are %o!e !ife,uni ersa! !ife and aria&!e !ife $o!i'ies.
http://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Babylonhttp://en.wikipedia.org/wiki/Englandhttp://en.wikipedia.org/wiki/Englandhttp://en.wikipedia.org/wiki/Life_insurance#cite_note-6http://en.wikipedia.org/wiki/Lloyd's_of_Londonhttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Charleston,_South_Carolinahttp://en.wikipedia.org/wiki/Charleston,_South_Carolinahttp://en.wikipedia.org/wiki/Presbyterianhttp://en.wikipedia.org/wiki/Presbyterianhttp://en.wikipedia.org/wiki/Philadelphiahttp://en.wikipedia.org/wiki/Philadelphiahttp://en.wikipedia.org/wiki/New_Yorkhttp://en.wikipedia.org/wiki/Episcopal_Church_in_the_United_States_of_Americahttp://en.wikipedia.org/wiki/American_Civil_Warhttp://en.wikipedia.org/wiki/Slave_insurance_in_the_United_Stateshttp://en.wikipedia.org/wiki/Slave_insurance_in_the_United_Stateshttp://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/Illinoishttp://en.wikipedia.org/wiki/New_York_Life_Insurance_Companyhttp://en.wikipedia.org/wiki/New_York_Life_Insurance_Companyhttp://en.wikipedia.org/wiki/Emancipation_Proclamationhttp://en.wikipedia.org/wiki/Beneficiaryhttp://en.wikipedia.org/wiki/Beneficiaryhttp://en.wikipedia.org/wiki/Protectionhttp://en.wikipedia.org/wiki/Investmenthttp://en.wikipedia.org/wiki/Whole_life_insurancehttp://en.wikipedia.org/wiki/Universal_life_insurancehttp://en.wikipedia.org/wiki/Variable_universal_life_insurancehttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Babylonhttp://en.wikipedia.org/wiki/Englandhttp://en.wikipedia.org/wiki/Life_insurance#cite_note-6http://en.wikipedia.org/wiki/Lloyd's_of_Londonhttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Charleston,_South_Carolinahttp://en.wikipedia.org/wiki/Presbyterianhttp://en.wikipedia.org/wiki/Philadelphiahttp://en.wikipedia.org/wiki/New_Yorkhttp://en.wikipedia.org/wiki/Episcopal_Church_in_the_United_States_of_Americahttp://en.wikipedia.org/wiki/American_Civil_Warhttp://en.wikipedia.org/wiki/Slave_insurance_in_the_United_Stateshttp://en.wikipedia.org/wiki/Slave_insurance_in_the_United_Stateshttp://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/Illinoishttp://en.wikipedia.org/wiki/New_York_Life_Insurance_Companyhttp://en.wikipedia.org/wiki/New_York_Life_Insurance_Companyhttp://en.wikipedia.org/wiki/Emancipation_Proclamationhttp://en.wikipedia.org/wiki/Beneficiaryhttp://en.wikipedia.org/wiki/Protectionhttp://en.wikipedia.org/wiki/Investmenthttp://en.wikipedia.org/wiki/Whole_life_insurancehttp://en.wikipedia.org/wiki/Universal_life_insurancehttp://en.wikipedia.org/wiki/Variable_universal_life_insurance


45/76

T/9* , * , 6r 5* Life insuran'e +ay &e di ided into t o &asi' '!asses : te+$orary and $er+anent or

fo!!o in" su&'!asses 8 ter+, uni ersa!, %o!e !ife and endo +ent !ife insuran'e.

T%ere are t%ree -ey fa'tors to &e 'onsidered in ter+ insuran'e;

Fa'e a+ount

Len"t% of 'o era"e

Various insuran'e 'o+$anies se!! ter+ insuran'e it% +any different 'o+&inations of t%eset%ree $ara+eters. T%e fa'e a+ount 'an re+ain 'onstant or de'!ine. T%e ter+ 'an &e for one or+ore years. T%e $re+iu+ 'an re+ain !e e! or in'rease. o++on ty$es of ter+ insuran'e

in'!ude Le e!, Annua! Rene a&!e and 4ort"a"e insuran'e. Le e! Ter+ $o!i'y %as t%e $re+iu+ fi/ed for a $eriod of ti+e !on"er t%an a year. T%ese ter+s are 'o++on!y , = , = ,? , ? , C and e en C years. Le e! ter+ is often used for !on" ter+ $!annin" and asset+ana"e+ent &e'ause $re+iu+s re+ain 'onsistent year to year and 'an &e &ud"eted !on" ter+.At t%e end of t%e ter+, so+e $o!i'ies 'ontain a rene a! or 'on ersion o$tion. 6uaranteedRene a!, t%e insuran'e 'o+$any "uarantees it i!! issue a $o!i'y of e3ua! or !esser a+ount

it%out re"ard to t%e insura&i!ity of t%e insured and it% a $re+iu+ set for t%e insured s a"e att%at ti+e. So+e 'o+$anies %o e er do not "uarantee rene a!, and re3uire $roof ofinsura&i!ity to +iti"ate t%eir ris- and de'!ine rene in" %i"%er ris- '!ients


46/76

a"ainst &rea-do n, t%ere are $o!i'ies t%at 'o er t%e %u!! of s%i$s and so on. In res$e't ofinsuran'e of $ro$erty, it is i+$ortant t%at t%e 'o er is ta-en for t%e a'tua! a!ue of t%e $ro$ertyto a oid &ein" i+$osed a $ena!ty s%ou!d t%ere &e a '!ai+. 1%ere a $ro$erty is under a!ued fort%e $ur$oses of insuran'e, t%e insured i!! %a e to &ear a rata&!e $ro$ortion of t%e !oss T%ereare "enera! insuran'e $rodu'ts t%at are in t%e nature of $a'-a"e $o!i'ies offerin" a'o+&ination of t%e 'o ers +entioned a&o e. For instan'e, t%ere are $a'-a"e $o!i'ies a ai!a&!efor %ouse%o!ders, s%o$ -ee$ers and a!so for $rofessiona!s su'% as do'tors, '%artereda''ountants et'. A$art fro+ offerin" standar 'o ers, insurers a!so offer 'usto+i0ed or tai!or8+ade ones. Insurin" anyt%in" ot%er t%an %u+an !ife is 'a!!ed "enera! insuran'e. E/a+$!es areinsurin" $ro$erty !i-e %ouse and &e!on"in"s a"ainst fire and t%eft or e%i'!es a"ainsta''identa! da+a"e or t%eft. In(ury due to a''ident or %os$ita!i0ation for i!!ness and sur"ery 'ana!so &e insured. Your !ia&i!ities to ot%ers arisin" out of t%e !a 'an a!so &e insured and is'o+$u!sory in so+e 'ases !i-e +otor t%ird $arty insuran'e.

THIRD PART$ INSURANCE ;

T%ere are t o 3uite different -inds of insuran'e in o! ed in t%e da+a"es syste+. 5ne is T%ird#arty !ia&i!ity insuran'e, %i'% is (ust 'a!!ed !ia&i!ity insuran'e &y insuran'e 'o+$anies andt%e ot%er one is first $arty insuran'e.

A t%ird $arty insuran'e $o!i'y is a $o!i'y under %i'% t%e insuran'e 'o+$any a"rees toinde+nify t%e insured $erson, if %e is sued or %e!d !e"a!!y !ia&!e for in(uries or da+a"e done toa t%ird $arty. T%e insured is one $arty, t%e insuran'e 'o+$any is t%e se'ond $arty, and t%e

$erson you in(ure %o '!ai+s da+a"es a"ainst you is t%e t%ird $arty.

S ,* + F* +6r* T ,r P r+/ I 6r 5*Z T%ird $arty insuran'e is 'o+$u!sory for a!! +otor e%i'!es. In 6. 6o indan . Ne India

Assuran'e o. Ltd.X? ,T%ird $arty ris-s insuran'e is +andatory under t%e statute .T%is $ro ision 'annot &e o erridden &y any '!ause in t%e insuran'e $o!i'y.

Z T%ird $arty insuran'e does not 'o er in(uries to t%e insured %i+se!f &ut to t%e rest of t%eor!d %o is in(ured &y t%e insured.

Z Benefi'iary of t%ird $arty insuran'e is t%e in(ured t%ird $arty, t%e insured or t%e $o!i'y%o!der is on!y no+ina!!y t%e &enefi'iary of t%e $o!i'y. In $ra'ti'e t%e +oney is a! ays $aiddire't &y t%e insuran'e 'o+$any to t%e t%ird $arty


47/76

Z T%e t%ird $arty insuran'e is un$o$u!ar it% insuran'e 'o+$anies as 'o+$ared to first $artyinsuran'e, &e'ause t%ey ne er -no t%e +a/i+u+ a+ounts t%ey i!! %a e to $ay under t%ird

$arty $o!i'ies.

THIRD PART$ PRODUCT '

LIFE INSURANCE' - INDIAFIRST LIFE INSURANCE

GENERAL INSURANCE' - BARODA HEALTH % NICL

JOINT #ENTURE OF'

% %

#, , '

Become a life insurance and pensions business leader in providin si nificant value for allsta!e"olders t"rou " true customer deli "t#

B B r ; is t%e Crd !ar"est $u&!i' se'tor &an- in t%e 'ountry it% an en ia&!e net or-of o er C &ran'%es t%at s$reads a'ross t%e "eo"ra$%y of India and o er &ran'%es a'ross?? 'ountries "!o&a!!y[ T%is &e%e+ot% finan'ia! institution is o er = years o!d and %as &een

&ui!t on finan'ia! $ruden'e, 'or$orate "o ernan'e and +ost i+$ortant!y : t%e trust of a!ua&!e'usto+ers !i-e you.


48/76

A r B %as &een ser in" t%e Indian 'usto+er for o er 9 years and 'urrent!y %as anet or- of o er = &ran'%es. T%e &an- %as de e!o$ed &est in '!ass de$osit and !endin"s'%e+es for its a!ued 'usto+ers.

Bot% t%e &an-s are nationa!i0ed and $ro ide &est in '!ass $rodu'ts and ser i'es to e ery Indian'iti0en.

L* % G* *r is one of UK2s !eadin" finan'ia! institutions it% a %erita"e of o er =years. It $ro ides !ife assuran'e, $ensions, in est+ents and "enera! insuran'e $!ans to o er 'rore 'usto+ers a'ross 'ountries. Le"a! and 6enera! &rin"s ri'% fund +ana"e+ent andinsuran'e e/$erien'e into India and as$ires to $ro ide first8rate $rodu'ts and ser i'es to t%edoorste$ of e ery Indian 'usto+er in 'on(un'tion it% t%e ? trusted $u&!i' se'tor &an-s.IndiaFirst Life Insuran'e o. Ltd. is a C ay (oint enture of Ban- of Baroda, And%ra Ban- andLe"a! 6enera! , in %i'% Ban- of Baroda %o!ds +a(or s%are of and re+ainin"C ?7 are s%ared &et een And%ra Ban- and Le"a! 6enera! res$e'ti e!y. Ban-of Baroda entered into a Strate"i' 4ar-etin" tie8u$ it% t%e 'o+$any for distri&ution of its!ife insuran'e $rodu'ts a'ross t%e Ban-2s &ran'%es on =?t% No e+&er, ? at 4u+&ai.Ban-in" %anne! is one of t%e &est $!atfor+s for rea'%in" out to t%e +asses +ore $arti'u!ar!yin rura! and se+i8ur&an area %ere t%e ast $otentia! !ies for insuran'e &usiness. Ban-2s forayinto !ife insuran'e &usiness t%rou"% t%is (oint enture route i!! %e!$ its 'usto+ers to %a e'on enien'e of a!! at one $!a'e at t%e &ran'%es of t%e Ban- in 'aterin" to t%eir insuran'e needs.T%e o+$any sin'e $!ans to initia!!y fo'us on &an'assuran'e +ode!, it i!! &e !ar"e!y

&enefited &y t%e Ban-2s !ar"e $resen'e t%rou"%out t%e 'ountry in au"+entin" its &usiness.1it% t%is tie8u$, t%e Ban-2s 'usto+ers i!! "et easy a''ess to t%e insuran'e s'%e+es of IndiaFirst Life Insuran'e o. Ltd. T%is (oint enture &rin"s to"et%er a rea! understandin" of t%eIndian 'onsu+ers &y t%e $ro+oter &an-s it% internationa! &est $ra'ti'es de e!o$ed &y Le"a!

6enera!. 1e ai+ to $ro ide or!d '!ass $rodu'ts and ser i'es t%at are 'usto+i0ed to +eet

t%e re3uire+ents of t%e Indian 'onsu+er . T%e t%ree $ro+oters $ut to"et%er %a e o er C7'o+&ined years of ser i'e to 'usto+ers a'ross t%e or!d an en ious a'%ie e+ent. T%e'o+$any $!ans to initia!!y fo'us on t%e &an'assuran'e +ode!. It $!ans to !e era"e t%e e/istin"'usto+er &ase % % ,r 5# -++-% /s)% ,rs % )$, *r% %),r ' &s s*r,'7 ' r%ss485## r' $,s - )$, %/ )r . E' $ ' & $'s -)s %0 s,( , )')-% ' 7 *r% -+, %

/s)% ,rs. B%)$ $' , ' $/(, s, - /r ' ' 7 r/r'+ ,)0%r&. T$, $'++, (, %r )$,% *' -s )% %*)- '++ ,9*+%-) )$, , )-r, *%), )-'+ *r% -7,7 %)$ B' & %

B'r%7' ' 7 A 7$r' B' &. T$, ,0 %r*%r'), -7, )-) r,*r,s, )s )$, % *' s $ersona!ity. IndiaFirst ai+s to &e +odern in its out!oo-, 'reati e in its a$$roa'%, ener"eti' inits attitude, fo'us on $rin'i$!es, '%eerfu! and i&rant yet si+$!e and '!ear in its'o++uni'ation. It ai+s to a! ays $!a'e t%e Indian 'onsu+er First in e eryt%in" it does. 5ur

$%i!oso$%y of $uttin" t%e 'usto+er First to"et%er it% our 'ost effe'ti e distri&ution +ode!,i!! ena&!e us to +a-e a rea! !on"8ter+ 'ontri&ution to t%e Indian e'ono+y &y &roadenin" t%e'%oi'es a ai!a&!e to our 'usto+ers as t%ey %ar est t%e fruits of t%eir e'ono+i' su''ess andin est t%e+ for a sta&!e !on" ter+ future for t%e+se! es and t%eir fa+i!ies. T%ey are atesti+ony to t%e 'o++it+ent of our $ro+oters of a! ays $uttin" our 'usto+ers First ine eryt%in" e do. 1e re$resent India s ne found 'onfiden'e, its reso! e, "rit and s$irit. T%e

a e in t%e !o"o re$resents t%e 'o!ors of t%e t%ree $ro+oters Ban- of Baroda, And%ra Ban-and Le"a! 6enera!. Dr. Nanda"o$a! added, IndiaFirst is an o$en, +odern and %ard or-in"


49/76

or"ani0ation. 1e &e!ie e in doin" t%in"s ri"%t for t%e 'usto+er, t%e distri&utors and ours%are%o!ders. 1e as a 'o+$any are 'o++itted to $ro idin" a!ue for +oney $rodu'ts andser i'e ,9 ,++, , )% %/r /s)% ,rs.

IndiaFirst Life Insuran'e %as, so far, 'o!!e'ted Rs ? 'rore as $re+iu+ in four +ont%s ofo$erations and is a!! set to re!ease +ore $rodu'ts in t%e 'urrent finan'ia! year, a''ordin" to Dr#. Nand"a"o$a!, 4ana"in" Dire'tor and E5.At a $ress +eet %ere on T%ursday, %e said t%e'o+$any \ a (oint enture &et een t%e And%ra Ban-, t%e Ban- of Baroda and Le"a! 6enera!\ %ad +ade ra$id strides, it% on!y t%ree $rodu'ts. )T%e 'o+$any is offerin"IndiaFirst Edu'ation #!an, IndiaFirst Sa in"s #!an and IndiaFirst Future #!an. 1e i!! re!easet o +ore $rodu'ts on A$ri! ?= 8 redit!ife and 6rou$ter+. In t%e 'urrent finan'ia! year, eare $!annin" si/ to ei"%t ne $rodu'ts,* %e said.He said t%e 'o+$any 'urrent!y as se!!in" its

$rodu'ts t%rou"%C, &ran'%es of And%ra Ban- and Ban- of Baroda.)Bot% t%e &an-s $utto"et%er %a e , &ran'%es and e i!! in a fe +ore +ont%s ti+e e/tend our ser i'es toa!! t%e &ran'%es,* %e added.)In future, t%e $rodu'ts +ay &e so!d t%rou"% t%e re"iona! rura!

&an-s of &ot%And%ra Ban- as e!! as Ban- of Baroda, %e said.Dr Nanda"o$a! said t%e'o+$any as a!so $!annin" to %a e of its o n and in And%ra #rades% initia!!y t%ree &ran'%es

ou!d &e set u$ \ one ea'% in Hydera&ad, Vi(aya ada and Visa-%a$atna+.

Durin" t%e 'urrent finan'ia! year, su'% inde$endent &ran'%es +ay &e set u$ in t%e'ountry.He said, )5ur ai+ is to offer si+$!e $rodu'ts suited to t%e needs of our 'usto+ers,fair!y $ri'ed and trut%fu!!y de!i ered. 1e insist on s%o in" t%e audio8 isua!s to our 'usto+erand e/$!ain a!! t%e features of t%e $rodu'ts to t%e+.*

SALIENT FEATURES AND BENEFITS'

You 'an &ui!d your sa in"s 'or$us syste+ati'a!!y, t%rou"% in est+ents in ariousfunds.

You se'ure t%e future of your fa+i!y, as t%ey "et an assured !u+$ su+ &enefiti++ediate!y, in 'ase of your unti+e!y deat%.

You %a e t%e o$tion to in est in de&t, e3uity or a &a!an'ed fund, %ere you '%oose t%e $ro$ortion of your in est+ent into ea'%[

You 'an +a-e t%e +ost of your in est+ents &y Os it'%in"2 fro+ one fund to anot%er.

You %a e t%e o$tion to &ui!d u$ your 'or$us t%rou"% additiona! de$osits.


50/76

You "et easy a''ess to your +oney &y &ein" a&!e to it%dra $artia!!y.

Under Se'tion 9 you 'an en(oy Ta/ Benefits on t%e $re+iu+ you in est.

You a!so "et ta/ &enefits on t%e &enefits you re'ei e at +aturity of your $ay+ent.

PRODUCT OF INDIAFIRST INSURANCE'

$ 6r 5 , > / 6r 9r, *Q O6r r* 9 ,;, ,+/

1e understand t%at, as a $arent, you ant to "i e not%in" &ut t%e &est to your '%i!d. Be it your'%i!d2s edu'ation or any drea+. You i!! not a!!o anyt%in" to 'o+e in t%e ay of your'%i!d2s su''ess.

To %e!$ you "i e your '%i!d e eryt%in" t%at you %a e drea+t of, e %a e introdu'ed t%eIndiaFirst Edu'ation #!an.

BENEFITS AND FEATURES ;

Your '%i!d i!! a! ays re'ei e funds at e ery +o+entous o''asion in %is %er !ife. Be it Hi"% S'%oo! o!!e"e #rofessiona! 'ourse or any ot%er !ife e ent[


51/76

Your '%i!d "ets finan'ia! se'urity e en if any unto ard in'ident resu!ts in your deat% disa&i!ity.

1e i!! do t%is &y $ayin" t%e re+ainin" $re+iu+s into your $o!i'y.

Your '%i!d, %o e +ay a!so refer as t%e O Benefi'iary O, re'ei es t%e Fund Va!ue at4aturitye en if t%e OSu+ Assured2 %as &een $aid out on t%e unfortunate in'ident ofyour de+ise.

You %a e t%e o$tion to in est in de&t, e3uity or a &a!an'ed fund, %ere you '%oose t%e $ro$ortion of your in est+ent into ea'%[


You %a e t%e o$tion to &ui!d u$ your 'or$us t%rou"% additiona! de$osits.


Under Se'tion 9 and = you 'an en(oy Ta/ Benefits on t%e $re+iu+ youin est

$ 6 * *> / 6 : +6r*... A * * 9 / 6 9r 9*r

T%e &est years of OLife2 ou"%t to &e your retire+ent years.You %a e or-ed %ard a!! your !ife, and you deser e t%e &est t%in"s in !ife in t%ese "o!denyears.

1e identify it% you. 1e are t%erefore $resentin" t%e $erfe't $!an t%at i!! e+$o er you fort%is "o!den $eriod. T%e IndiaFirst Future $!an %e!$s you set8aside +oney in your $ri+e years


52/76

%en are "eneratin" in'o+e and en(oy a %ea!t%y !u+$ su+ or a steady in'o+e in yourretire+ent years.

BENEFITS AND FEATURES

You 'an '%oose t%e a"e at %i'% you ant to retire. You %a e t%e o$tion to in est in De&t, E3uity or a Ba!an'ed fund, %ere you '%oose

t%e $ro$ortion of your in est+ent into ea'%[


You %a e t%e o$tion to &ui!d u$ your retire+ent 'or$us t%rou"% additiona! de$osits.


You 'an en(oy ta/ free returns u$ to = Crd of t%e fund a!ue as at your '%osen date ofretire+ent


53/76

Your '%i!d i!! a! ays re'ei e funds at e ery +o+entous o''asion in %is %er !ife. Be it Hi"% S'%oo! o!!e"e #rofessiona! 'ourse or any ot%er !ife e ent[

Your '%i!d "ets finan'ia! se'urity e en if any unto ard in'ident resu!ts in your deat% disa&i!ity.

1e i!! do t%is &y $ayin" t%e re+ainin" $re+iu+s into your $o!i'y.

Your '%i!d, %o e +ay a!so refer as t%e O Benefi'iary O, re'ei es t%e Fund Va!ue at4aturitye en if t%e OSu+ Assured2 %as &een $aid out on t%e unfortunate in'ident ofyour de+ise.

You %a e t%e o$tion to in est in de&t, e3uity or a &a!an'ed fund, %ere you '%oose t%e

$ro$ortion of your in est+ent into ea'%[


$ 6r 9r +*5+, > 6r *56r,+/Q

BENEFITS AND FEATURES'

En(oy t%e &enefits of a !ife 'o er for a $eriod of u$ to C years at an e/tre+e!y reasona&!e $ri'e

T%e !ife assured s fa+i!y is se'ured, as t%ey "et anassured !u+$ su+ &enefit i++ediate!y, in 'ase oft%e !ife assured s unti+e!y deat%

Under Se'tion 9 you 'an en(oy ta/ &enefits ont%e $re+iu+ you in est

^ Under Se'tion = your fa+i!y a!so "ets ta/ &rea- on t%e &enefits t%ey re'ei e fro+ your $!an


54/76

R, 5+ r

T%ere is no +aturity or sur i a! &enefit $aya&!eunder t%is $!an

^ t%is is a non $arti'i$atin" $ure ter+assuran'e

$ 6r 9* 9 *> / 6r +r6 +Q 6r 55 6 + ;, ,+/

BENE;ITS AND ;EATURES: You 'an no $ro ide !ife 'o er at reasona&!e rates to your +e+&ers : &e it your

e+$!oyees or your 'usto+ers. You %a e t%e f!e/i&i!ity to auto+ati'a!!y 'o er t%e !ife of a!! your +e+&ers or offer it

as a o!untary s'%e+e %ere your +e+&ers +ay '%oose to $arti'i$ate. You %a e t%e f!e/i&i!ity to '%oose &et een t%ree $re+iu+ $ayin" fre3uen'ies.

T%e $!an $ro ides you t%e f!e/i&i!ity of addin" ne +e+&ers durin" t%e $!an year.

You 'an a!so o$t for t%e E+$!oyees De$osit Lin-ed Insuran'e s'%e+e under

t%is $!an. T%e $!an is rene ed year!y.

R, 5+ r '

T%e su+ assured is $aid to t%e no+inee t%rou"% you, t%e +aster $o!i'y%o!der


55/76

You +ay dedu't any a+ount due &efore $ayin" t%e $ro'eeds to t%e no+inee. Ho e er,t%is is not a$$!i'a&!e under EDLI

4ini+u+ "rou$ si0e is .

Ta/ !a s are su&(e't to '%an"e fro+ ti+e to ti+e. #!ease s$ea- to your ta/ 'onsu!tant &efore de'idin" to in est in any finan'ia! $!annin" too!. #!ease read t%e entire &ro'%ureto understand %o t%is $!an 'an or- for you.

$ 6 ;6, / 6r r* : > * * 9 9r +*5+ + *:Q

BENEFITS AND FEATURES'

You 'an en%an'e your $rodu't offerin" &y 'o+&inin" insuran'e it% your 'redit or !oan $rodu'ts

You 'an $rote't your assets a"ainst un'ertainty.

1e %e!$ you do t%is &y $ayin" t%e outstandin" !oan a+ount in t%e unfortunate e ent oft%e +e+&er2s de+ise

You %a e t%e f!e/i&i!ity to '%oose t%e 'o era"e and t%e +ode of $ay+ent you ant tooffer your +e+&ers.

I , F,r + A 6,+/ P 'T%is is a traditiona! I++ediate Annuity $!an, %i'% 'an &e $ur'%ased &y $ayin" a !u+$ su+a+ount. You "et t%e '%oi'e to se!e't your retire+ent a"e, and e $ay you a fi/ed annuity on a+ont%!y &asis for !ife.

K*/ F* +6r*

^ You 'an '%oose your retire+ent a"e as $er your needJ You 'an rea$ t%e returns startin"


56/76

anyti+e &et een and 9 years.^ You 'an re'ei e a definite re"u!ar +ont%!y in'o+e t%rou"% your years of retire+ent.

? . !HAT IS THE ELIGIBILIT$ FOR ENTERING THE PLAN

T%e e!i"i&i!ity 'riterion is as under;4ini+u+ a"e at entry years 4a/i+u+ a"e at entry 9 years

C.!HAT IS THE MODE FOR PA$MENT OF PREMIUMS

T%is is !i-e a sin"!e $re+iu+ $o!i'y. You +a-e a sin"!e !u+$ su+ $ay+ent to enter t%e $!an. T%is $ay+ent is 'a!!ed t%e $ur'%ase $ri'e $aid t%rou"% '%e3ue, DD or E S.

4.!HAT IS THE TERM FOR ANNUIT$ PA$OUTS

T%e ter+ for annuity $ayouts is as fo!!o s;Ter+ for Annuity $ayouts Sin"!e Life Annuityi.e. e i!! $ay you t%e annuity ti!! as !on" as you !i e.

IN GENERAL INSURANCE !E HA#E TIE UP !ITH NATIONAL INSURANCECOMPAN$ LIMITED !HICH PRO#IDE BARODA HEALTH POLIC$ '

COMPAN$ PROFILE'

N +, I 6r 5* C :9 / L,:,+* as in'or$orated in = 7 it% its R* , +*r* ,5*, K + . onse3uent to $assin" of t%e 6enera! Insuran'e Business Nationa!isation A't in= ?, ?= Forei"n and == Indian o+$anies ere a+a!"a+ated it% it and National &e'a+e asu&sidiary of 6enera! Insuran'e or$oration of India %i'% is fu!!y o ned &y t%e6o ern+ent of India. After t%e notifi'ation of t%e 6enera! Insuran'e Business


57/76

A+end+ent A't, on t%Au"ust ? ?, National %as &een de8!in-ed fro+ its%o!din" 'o+$any 6I and $resent!y o$eratin" as a 6o ern+ent of India underta-in".

Nationa! Insuran'e o+$any Ltd is one of t%e !eadin" $u&!i' se'tor insuran'e'o+$anies of India, 'arryin" out non !ife insuran'e &usiness. Head3uartered in Ko!-ata, NI snet or- of a&out = offi'es, +anned &y +ore t%an =7, s-i!!ed $ersonne!, is s$read o ert%e !en"t% and &readt% of t%e 'ountry 'o erin" re+ote rura! areas, to ns%i$s and +etro$o!itan'ities. NI s forei"n o$erations are 'arried out fro+ its &ran'% offi'es in Ne$a!.

Befittin"!y, t%e $rodu't ran"es, of +ore t%an ? $o!i'ies offered &y NI 'ater to t%e di erseinsuran'e re3uire+ents of its 14 :, , $o!i'y%o!ders. Inno ati e and 'usto+i0ed $o!i'iesensure t%at e en s$e'ia!i0ed insuran'e re3uire+ents are fu!!y ta-en 'are of.

Nationa! Insuran'e o Ltd a arded M + Pr* *rr* N L, * I 6r*r &yCNBC A!AA

C 6:*r A r 200

!E ARE'

T%e fastest "ro in" Non8!ife Insuran'e o+$any in India T%e se'ond !ar"est Non8!ifeInsuran'e o+$any in India Internationa!!y re'o"ni0ed as one of t%e to$ 6enera! Insuran'e

o+$anies in t%e Asia #a'ifi'.

CUSTOMER SER#ICE INITIATI#ES

Esta&!is%in" onne'ti ity a+on" = offi'es it% in t%e 'ountry Fa'i!ity to "et #o!i'yt%rou"% NET Tie8u$s it% !eadin" Ban-s, or$orate Se'tors, State 6o ern+ent on'i!iatoryFora for fa'i!itatin" 3ui'- sett!e+ent of 4otor T%ird #arty '!ai+s, o+$ro+ise sett!e+ent,Lo- Ada!at and Ga!d Ra%at Yo(ana. ona! Ad isory o++ittees set u$ to +aintain $ro"ress.

PRODUCT DE#ELOPMENT

4ore t%an ? $rodu'ts a ai!a&!e to 'ater to t%e needs of arious se'tors of t%ee'ono+y.

ontinuous $rodu't de e!o$+ent to +eet e+er"in" needs of so'iety and industry.


58/76

R D 'e!! set u$ at Head 5ffi'e for distin'ti e $rodu't inno ation re!e ant toindi"enous 'onditions and rura! +asses.

T%e $aid8u$ s%are 'a$ita! of National is Rs.= 'rores. Startin" off it% a $re+iu+ &ase of +i!!ion ru$ees < 'rores ru$ees> in = , NI s "ross dire't $re+iu+ in'o+e %as steadi!y

"ro n to ? +i!!ion ru$ees < ? . 'rores ru$ees> in t%e finan'ia! year ? 98? .

National transa'ts "enera! insuran'e &usiness of Fire, 4arine and 4is'e!!aneous insuran'e.T%e o+$any offers $rote'tion a"ainst a ide ran"e of ris-s to its 'usto+ers. T%e o+$any is

$ri i!e"ed to 'ater its ser i'es to a!+ost e ery se'tor or industry in t%e Indian E'ono+y i0.

Ban-in", Te!e'o+, A iation, S%i$$in", Infor+ation Te'%no!o"y, #o er, 5i! Ener"y,A"rono+y, #!antations, Forei"n Trade, Hea!t%'are, Tea, Auto+o&i!e, Edu'ation,En iron+ent, S$a'e Resear'%

47008895 Bank of Baroda Summer Intership Project7

Documents