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"Credit Appraisal": A Project Report On
"Credit Appraisal": A Project Report On
CREDIT APPRAISAL
FOR
UNIVERSITY OF PUNE
IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF MASTER OF BUSINESS ADMINISTRATION (MBA) SUBMITTED BY
YOGESH S.PATIL
UNDER THE GUIDANCE OF
SHUCHI GAUTAM
DEPARTMENT OF MANAGEMENT STUDIES
SANDIP FOUNDATION'S SANDIP INSTITUTE OF TECHNOLOGY & RESEARCH CENTRE, NASHIK- 422213. 2012-13
Objective of Study
To study the credit appraisal system of commercial vehicle finance. To study the documentation required for credit appraisal. To identify & suggest the scope for improvement in Credit Appraisal System. To study the LCC report of STFC.
RESEARCH METHODOLOGY:Data source Area of Research Research instrument Sample plan Sample unit Sample size Primary (Field Survey) Secondary data (internet) Jalgaon city Questionnaire Personal interview Truck owners, Transporters etc. 50 customers
Methodology is the important part of research study, which enables the researcher to form blue print of the research undertake. Research methodology involves the systematic procedure by which the research starts from the time of initial identification of the problem to the final conclusions. This chapter deals with different steps which are undertaken by the investigator for gathering and organizing the data. It includes the description of research approach, research design, setting of the study, population, sampling techniques, criteria for selection of the samples size, limitation, and method of data collection, development and description of the tools.
Means of research
The research is based upon various types of information, which give knowledge concerning the problem. Now in order to carry on research successfully, information should be gathered from proper source. The more valid is the source of information, the
RESULTS AND DISCUSSION WITH GRAPHS AND CHARTS:1) Do you own a HCV?
Number of customers Yes No Total 50 Nil 50 Percentage 100% Nil 100%
2) Source
Number of customers
35 30 25 20 15 10 5 0 Co-op banks STFC Cholamandal Others Number of customers
60% respondents have taken loan from STFC . 20% respondents have taken loan from Cholamandalam and 3% from co-op banks.
While remaining 7% have taken from other finance companies.
3) Are
Yes No
40 10
Number of customers
40 35 30 25 20 15 10 5 0 Yes No Number of customers
Number of customers 19 12 16 3
Number of customers
20 18 16 14 12 10 8 6 4 2 0 Number of customers
Number of customers
45 40 35 30 25 20 15 10 5 0 Yes No Number of customers
o o
84% respondents are in favour of quick finance availability from STFC . While remaining 16% of them are not in favour of quick finance.
6) Are
Sources Highly Satisfied Satisfied Neither satisfied/dis-satisfied Dis-Satisfied Highly dis-Satisfied Total
Number of customers
45 40 35 30 25 20 15 10 5 0
Number of customers
7)
Yes No
13 36
Number of customers
40 35 30 25 20 15 10 5 0 Yes No Number of customers
8) What
Number of customers
25
20
15 Number of customers 10
9)
What are the features that attracted you to borrow loan from STFC?
Number of customers 6 10 84 Nil 100 Percentage 6% 10% 84% Nil 100%
Sources Low interest rates Easy documentation Quick finance Low EMI Total
Number of customers
90 80 70 60 50 40 30 20 10 0 Number of customers
10)
Yes No Total
82 18 100
Number of customers
90 80 70 60 50 40 30 20 10 0 Yes No Number of customers
11)
Yes No Total
64 36 100
Number of customers
70 60 50 40 30 20 10 0 Yes No Number of customers
12) Do
Yes No Total
60 40 100
Number of customers
60 50 40 30 20 10 0 Yes No Number of customers
Findings
Shriram transport finance company Limited is one of the trusted financial institutions in NBFC. Credit Appraisal plays the most significant role in funding the right and eligible person. From the information customers are satisfied with STFC, 45% customers are old customer.
Credit Appraisal plays the most significant role in funding the right and eligible person. The interest rate is lower than other banks and non-financial institution like ICICI, cholamandal, Sundaram etc. In the company the recovery rate is 85%. From the data the loan procedure of company is easy as compared to others. From the information customers are satisfied with STFC, 45% customers are old customer.