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HDFC Standard Life Insurance Company

HDFC Standard Life Insurance Company

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Published by shashank

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Published by: shashank on Aug 07, 2011
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AProjectReportOnRecruitment And Selectionof HDFC Standard Life Insurance CompanyIn Partial Fulfillment of B.B.A (Bachelor of Business Administration) Programme of G.G.S.I.P.University.DELHI INSTITUTE OF RURAL DEVELOPMENTNANGLI POONA-110018Submitted by:ASHWANI SAIN0841241808Student declarationI declare that the project entitled PROJECT ON RECUIRTMENT AND SELECTION IN HDCF-SLIC Is an original done by me and no part of the project is taken from any other project or material published or otherwise or submitted earlier to any other college or university.ASHWANI SAIN
ACKNOWLEDGMENTI was actively involved with HDFC Standard life insurance company ltdDelhi,foraperiodof8weeks,andIcameacrossalotofpeoplewhoputin theirtimeandeffort towardsacclimatizing me to the workings of their organization.Firstly I would like to thanks Mr. MANISH SHARMA is the BRANCH MANAGERof the HDFCStandard Life Insurance Company Ltd. for giving me opportunity to work with this organization.I would like thanks Mr.CHANDAN JYOTI without whose support, this project would not have beenpossible. Heartiest thanks for his constant support and motivation.My gratitude to everyone there at HDFC Standard Life Company who hashelped me directly or indirectly in the completion of this project. PREFACEI, student of DELHI COLLEGE OF ADVANCED STUDIES affiliated to GURU GOBINDINDRAPRASTHA UNIVERSITY pursuing BBA (B&I) course. I have put my sincere efforts toaccomplish my objectives within the stipulated time.Despite all the limitations, obstacles, hurdles and hindrances, I have toiled and worked to myoptimum potential to achieve the desire goal. Being in the highly competitive world of business, Icame across some difficulties to make my objectives a reality. Anyhow, with the kind help andgenuine interest of one and all and formally supported by the guidance of my guide, I ampresenting this hand carved effort in colored. I tried my level best to conduct a research to gain athorough knowledge about the project in my topic Recruitment and Selection of HDFC StandardLife Insurance Company I have put the best of my efforts and have also tried to do justice with the
available. If anywhere something is found unacceptable or unnecessary to the theme, you arewelcome with your valuable suggestions. EXECUTIVE SUMMARY HDFC Standard Life insurance is India's premier insurance enabling company. HDFC StandardLife insurance is the one-stop-shop for requirements of services in the areas of insurance,optimum investment, financial coverage and losses, mortality benefit, and health option etc. Thisis backed by HDFC Standard life insurance service support infrastructure - the widest in thecountry.The objective of the project was to understand how financial consultant playimportant role for insurance company like HDFC STANDARD LIFE. So to understand the process of Recruitment of financial consultant in HDFC STANDARD LIFE .The main objective of the project is to understand the recruitment and selection of financialconsultantmore effectively and efficiently, because financial consultant play most important role inbusiness of insurance. Market in Pune city was targeted. Various areas in city were selected. Thedata gave knowledge about customer satisfaction, loyalty their feel about the HDFC Standard LifeInsurance.Recruitmentwas conducted using questionnaire. The information about various attributes factorswas collected about the financial consultant. All the data collected, primary data was filteredanalyzed, represented in the form of graphs charts. Secondary data was also used in report suchas company profile, on the basis of analysis of data, conclusions were drawn. On the basis of findings conclusions, suggestions were given.ORGANISATION OVERVIEWHISTORY MAN WITH A MISSIONIf ever there was a man with a mission it was Hasmukhbhai Parikh, Founder and Chairman-Emeritus of HDFC Group who left this earthly abode on November18, 1994. Born in a traditionalbanking family in Surat,Gujurat, Mr. Parikh started his financial career at HarkisandassLukhmidass a leading stock broking firm. The firm closed down in the late seventies, but, longBefore that, he went on to become a towering figure on the Indian financial scene. In 1956 hebegan his lifelong financial affair with the Economic world, as General Manager of the newly-formed Industrial Credit and Investment Corporation of India(ICICI). He rose to become Chairmanand continued so till his retirement in 1972.At the ripe age of 60, Hasmukhbhai started his seconddynamic life, even more Illustrious than his first. His vision for mortgage finance for housing gavebirth to the

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