PROJECT ON SOURCES OF

FINANCE

SUBMITTED BY-
 Ashwini Barve
 Mitali Dutta (19)
 Radhika Metla (36)
 Pooja Manik
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 Jalpa Shah
 Neetu Tank (59)

INDEX

Sr.No Particulars Page

No.
1
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ACKNOWLEGDEMENT
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HISTORY OF ICICI BANK

ICICI Bank is India's 2nd banks (after State Bank of India) and its largest
private bank, with some 1,250 branches and 3,900 ATMs nationwide. It
also has locations in about 20 other countries. ICICI's retail banking group
offers lending and deposit services to small businesses and individuals;
larger businesses are served by the corporate banking group, which offers
finance services and treasury products.

Promoted:

ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian

financial institution, and was its wholly-owned subsidiary.

Formed:

ICICI was formed in 1955 at the initiative of the World Bank, the Government
of India and representatives of Indian industry.

Objective:

The objective was to create a development financial institution for providing

medium-term and long-term project financing to Indian businesses.

In the 1990s, ICICI transformed its business from a development financial

institution offering only project finance to a diversified financial services
group offering a wide variety of products and services, both directly and
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through a number of subsidiaries and affiliates like ICICI Bank.

In 1999, ICICI become the first Indian company and the first bank or financial
institution from non-Japan Asia to be listed on the NYSE. In 2001, ICICI bank
acquired Bank of Madura Limited.

Subsidiaries:
ICICI Bank currently has subsidiaries in the United Kingdom, Canada and
Russia, branches in Singapore and Bahrain and representative offices in the
United States, China, United Arab Emirates, Bangladesh and South Africa.

Today, ICICI Bank offers a wide range of banking products and financial
services to corporate and retail customers through a variety of delivery
channels and through its specialized subsidiaries and affiliates in the areas of
investment banking, life and non-life insurance, venture capital and asset
management.
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The rural and government banking unit offers micro-loans and agricultural
banking. Foreign operations, as well as services related to international trade
finance and expatriate Indians, fall under the international banking group.
Other offerings include online banking, asset management, and insurance.

ICICI Bank Limited, together with its subsidiaries, offers various banking
products and financial services in the areas of commercial banking,
investment banking, and insurance to retail and corporate customers
primarily in India. The company offers various deposit products, which
include time deposits, savings accounts, current accounts, and certificates of
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deposits.. ICICI Bank also offers various agricultural and rural banking
products, including loans for crop production, micro-finance, and purchase of
farm equipment, as well as offers commodity based finance, and various
savings, investment, and insurance products. In addition, it offers foreign
exchange and derivatives, escrow, investment banking, demat, equity
underwriting and brokerage, venture capital and private equity, and life and
general insurance products and services. Further, the company provides
custodial, tax collection, cash management, mobile banking, Internet
banking, online banking, ATM, and treasury banking services. As of March 31,
2008, ICICI Bank had a network of 1,308 branches and operated 3,950
automated teller machines. It also has operations in the United Kingdom,
Canada, Russia, Singapore, Bahrain, Dubai, Sri Lanka, Hong Kong, Qatar,
Bahrain, the United States, China, the United Arab Emirates, Bangladesh,
South Africa, Thailand, Indonesia, and Malaysia. The company was founded
in 1955 and is headquartered in Mumbai, India.

ICICI Bank Limited - Company Profile Snapshot

Company ICICI Bank Limited
Profile:
Ticker: 532174
Exchanges: BOM
2008 Sales: 604,710,000,000
Major Financial
Industry:
Sub Industry: Commercial Banks
Country: INDIA
Employees: 61697
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Business Description:

ICICI Bank Limited. The Group's principal activities are to provide retail-
banking, corporate banking, cash management and treasury management
services. As on 31-Mar-2008, the Group operates through 1,262 branches
and extension counters and 3,881 ATMs in India. The Retail-banking services
include mobilizing of funds from retail depositors and lending services
namely Credit Cards, loans against deposits and securities. Corporate
banking services include medium and short-term credit, fee and commission
based services like documentary credits, letters of credit and forward
contracts, accepts deposits from corporate customers. The cash and treasury
management includes treasury operations of the bank through market
operations and investing in various money market instruments, debt
instruments, shares and debentures. On 19-Apr-2007, the Group acquired
Sangli Bank Ltd .
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TYPES OF LOAN PROVIDED

 Personal Loan
 Home Loan
 Auto Loan
 Loan Against Share
 Loan Against Property
 Personal Loan Against Your Credit Card ( PLCC)

 Do not provide :

 Education Loan
 Two Wheeler Loan
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LOANS ARE DIVIDED IN TWO PARTS

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LOANS

Secured Loans : Unsecured

Loans:

Home Loan Personal Loan

Auto Loan Personal Loan

Against

Loan Against Shares Credit Card

Loan Against Propertity

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PERSONAL LOAN
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Documents Required :

1. Know Your Customer :

a . Id proof - pan card

b . Residence proof - telephone bill ,light bill,

ration card etc.

2. Banking:

Latest Six months statement of bank account

.

3. Salary Details:

Latest 3 months salary slip

4. Company Profile:

Company in which the applicant works

They provide loan to all employees except employees working in BPO &
employees working in contractual basis .

5. Work Experience : Minimum 1 year.

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6. Passport Size Photo

 Loan period : 4 years

 Minimum loan amount : Rs. 50000/-

 Maximum loan amount : Rs. 1500000/-

 Interest Rate : 23%

 Guarantor : Not required for personal loan.

 Security : No security to be kept.

 Pass: Loan is passed in 8 working days.

HOME LOAN
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Documents Required :

1. Know Your Customer :

a ID proof - pan card

b Residence proof - Telephone bill ,Light bill,

Ration card etc.

2. Banking:

Latest six months statement of bank

account .

3. Salary Details:

Latest 3 months salary slip

4. Company Profile:

Company in which the applicant works

They provide loan to all employees except employees working in BPO &
employees working in contractual basis .

5. Work Experience : Minimum 1 year.

6 Passport Size Photo

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 Loan period: 1-20 years

 Minimum loan amount : Rs. 50000/-

 Maximum loan amount : Rs. 3 crore

 Interest rate :
• Floating rate : 11%
• Fixed rate : 16%

 Guarantor: Co - Applicant ( any blood relative )

 Security: The applicant has to keep his house papers mortgage with
the bank till the full amount of is paid.

 Pass: Loan is passed in 8-10 working days.

AUTO LOAN

Documents Required :

1. Know Your Customer :

a ID proof - pan card

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b Residence proof - Telephone bill ,Light bill, Ration card etc.

2. Banking:

Latest six months statement of bank account .

3. salary details:

Latest 3 months salary slip

4. Company Profile:

Company in which the applicant works

They provide loan to all employees except employees working in BPO &
employees working in contractual basis.

5. Work Experience : Minimum 1 year.

6. Passport Size Photo

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 Loan period: 1-20 years

 Minimum loan amount : Rs. 100000/-

 Interest Rate : 14.5%

 Guarantor : No need of guarantor.

 Security : The applicant has to keep his auto itself with the bank till
the full amount of the loan is paid.

 Pass : Loan is passed in 5 working days.

LOAN AGAINST SHARES

Documents Required :

1. Know Your Customer :

a ID proof - pan card

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b Residence proof - Telephone bill ,Light bill, Ration card etc.

2. Banking:

Latest six months statement of bank account .

3. Salary Details:

Latest 3 months salary slip

4. Company Profile:

Company in which the applicant works

They provide loan to all employees except employees working in BPO &
employees working in contractual basis .

5. Work Experience : Minimum 1 year.

6. Passport Size Photo

 Loan period: 1-20 years

 Minimum Loan Amount : Rs. 50000/-

 Interest Rate : 17%

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 Guarantor : No guarantor required.

 Security : Pledge on shares .

LOAN AGAINST PROPERTY

Documents Required :

1. Know Your Customer :

a ID proof- pan card

b Residence proof – Telephone bill ,Light bill,

Ration card etc.

2. Banking:

Latest six months statement of bank account .

3. Salary Details:

Latest 3 months salary slip.

4. Company Profile:
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Company in which the applicant works.

They provide loan to all employees except employees working in BPO &
employees working in contractual basis .

5. Work Experience : Minimum 1 year.

6. Passport Size Photo

 Loan period : 1-20 years

 Minimum Loan Amount : Rs. 50000/-

 Interest Rate : 16.25%

 Guarantor : No guarantor required.

 Security : No mortgage is to be kept.

 Pass: Loan is passed within 8-15 working days.

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PERSONAL LOAN AGAINST CREDIT CARD ( PLCC)

Documents Required :

1. Know Your Customer :

a ID proof- Pan Card

b Residence proof - Telephone bill, Light bill, Ration card etc.

2. Banking:

Latest six months statement of bank account .

3. Salary Details:

Latest 3 months salary slip.

4. Company Profile:

Company in which the applicant works

They provide loan to all employees except employees working in BPO &
employees working in contractual basis .
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5. Work experience : Minimum 1 year.

6 Passport Size Photo

 Loan period : 1-20 years

 Minimum Loan Amount : Rs. 50000/-

 Interest Rate : 23%

 Guarantor : No guarantor required.

 Security : No mortgage is to be kept.

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