I, Vipin Upreti student of MBA 4thSemester, of IIMT management college Meerut hereby declare that the Research Project Report title as " LOAN SCHEMES AND CAR RECOVERY PROCEDURE OF H.D.F.C. BANK" is the outcome of my own work & I also declare that this report is my original work and no part of this has been published or submitted to anybody or any university by any one for the award of any other degree/ diploma.
Vipin Upreti
ACKNOWLEDGEMENT
It is a matter of great explanation and ecstasy for me to present my research project report the topic " LOAN SCHEMES AND CAR RECOVERY PROCEDURE OF H.D.F.C. BANK" I offer my sincere gratitude to every one involves directly and indirectly for his help and guidelines through out the project I am especially thankful to my project guide MR. Sandeep Kumar Lecturer, who had given me opportunity to complete project.
My project has been influenced by number of standards and popular text books.
I express my gratitude to the respective author.
Vipin Upreti
PREFACE
The opening of the economy has brought car buyers a plethora of models choose from. The decision to buy the car means the buyers have covered half the distance they need to travel to own their dream car. The second half, which is probably the more difficult path begins with the question "How are you going to pay for it?" i.e. whether the buyers wants to buy the car by their own funds or they want to finance it. The current sluggish market conditions coupled with the lowering of the inter rates; have made the car finance market extremely competitive. Final companies, dealers and manufacturers are wooing buyers with special offers/ such as low interest rates. To select the best cat loan scheme that suits the customer, it is necessary for the customer to first make himself familiarize with the