A PROJECT REPORT

ON

TO STUDY A “ MARKET RESEARCH OF FINANCIAL

INSTITUTE WITH REFERENCE L & T FINANCE IN
NASHIK ”.

Submitted To
SAVITRIBAI PHULE PUNE UNIVERSITY
For the Partial Fulfilment Of the Degree
Bachelor Of Commerce
Under the Subject
(Banking And Finance)

SUBMITTED BY :

HARSHAL SANTOSH SURYAWANSHI

T.Y.B.COM DIV – “ G “ ROLL NO :- 734

UNDER THE GUIDANCE OF

Mrs. Bhavana Gangurde Madam

1
2
 ACKNOWLEDGEMENT

I have pleasure in successful completion of this work titled

TO STUDY A “ MARKET RESEARCH OF FINANCIAL INSTITUTE WITH
REFERENCE L & T FINANCE IN NASHIK ”.
The special environment at B.Y.K. College of Commerce, Nashik that always supports
educational activities, facilitated my work on his project.

I acknowledge the support and encouragement, extended for this study by Principle Dr.
Ram Kulkarni and Vice Principal Dr. G.V. Kayande patil.

I greatly appreciate the motivation and understanding extended for the project work, by L
& T Finance and the financers of the surveyed in finance unit who responded promptly
and enthusiastically to my request for frank comments despite their congested schedules. I
am indebted to all of them, who did the best to bring improvement through their
suggestions.

I am very much thankful to project guide Mrs. Manisha Navare for her encouragement
and guidance for this project work. It would not have been possible for me to complete this
work without her suggestion on every part of this subject
I acknowledge the authors, whose works gave me insight and information related to this
subject.

I am thankful to Library staff and administrative of the BYK College who directly or
indirectly, has all been helpful in one way or another.

I thank my Father and Mother who encouraged me to extend my reach with their help
and support; I have been able to complete this work.

Signature
HARSHAL SANTOSH SURYAWANSHI
Date :

INDEX

3
CHAPTER TITLE OF CHAPTER’S PAGE NO.
NO.

INTRODUCTION

1.1 Introduction 7
1 1.2 Needs & Importance 9
1.3 Objectives 10
1.4 Limitations 10
1.5 Project Methodology 11

ORGANISATIONAL PROFILE

2.1 History Of L & T Finance 13

2 2.2 Recent Development 15
2.3 Organizational Profile 15
2.4 Organization Chart 17
2.5 Milestones 18
2.6 Awards & Recognitions 20

SERVICE PROFILE

3 3.1 Service Profile 22

3.2 Services Provide By L & T 24

4
 THEORY RELATED
4
4.1 History Of Finance In India 4.2 Review 28
Of Literature 30

5 DATA ANALYSIS AND INTERPRETATION 33

6 FINDING AND RECOMMENDATIONS 39

CONCLUSION
7
7.1 Conclusion Based On Work 42
7.2 Conclusion Based On Project 43

ANNEXURE 44

8 8.1 Bibliography 45
8.2 Webliography 46
8.3 Questionnaire 47

5
 CHAPTER – 1
INTRODUCTION

1.1 INTRODUCTION .

Finance is a term for the management, creation, and study of money and
investments. Specifically, it deals with the questions of how an individual,
company or government acquires money – called capital in the context of a
business – and how they spend or invest that money. Finance is then often
divided into the following broad categories: personal finance, corporate
finance, and public finance.

At the same time, and correspondingly, finance is about the overall

"system" i.e., the financial markets that allow the flow of money, via
6
investments and other financial instruments, between and within these areas;
this "flow" is facilitated by the financial services sector. Finance therefore refers
to the study of the securities markets, including derivatives, and the institutions
that serve as intermediaries to those markets, thus enabling the flow of money
through the economy.

L&T Finance Holdings Ltd. is a NSE and BSE listed company and is also
registered with RBI as an NBFC and CIC. It conducts its financial services
businesses through various subsidiaries. L&T Financial Services is the brand
name of L&T Finance Holdings Ltd.

L&T Finance Holdings Ltd is a registered non-banking financial institution

operating in India. The company operates through five main segments carried
out by its wholly owned subsidiaries. These include Rural, Housing,
Infrastructure, Defocused and Other businesses. Its rural business comprises of
Farm Equipments, Micro Finance and Two Wheeler Finance. Infrastructure
Business comprises of Infrastructure Finance, Structured Corporate Loans and
Supply Chain Finance. Defocused Business comprises of Commercial Vehicle
Finance, Construction Equipment Finance, SME term loans and Leases. And
Others comprises of Asset Management and Wealth MManagement

L&T Finance Limited provides consumer financial products and services. The
Company provides auto, two wheeler, and loyalty financial loans, as well as real
estate finance and wealth management services. L&T Finance serves clients in
India.

1.2. NEED OF PROJECT WORK

• To know about Regulation of Monetary Supply.

• To know about Banking Services.
• To know about Insurance Services.
7
 • To know about Financing the Small and Medium Scale Entrepreneurs.

IMPORTANCE OF PROJECT WORK

● Financial institutions, specifically commercial banks, assist their

customers by giving them banking services like deposit and saving
services.
● These institutions also give out credit services that assist their clients in
catering to their immediate needs.
● The credit services could include mortgages, personal or educational
loans.
● Financial institutions assist in the creation of capital by increasing capital
stock.
● Financial institutions control the supply of money in an economy.

1.3. OBJECTIVES OF PROJECT WORK

• To study the Capital Formation in financial institutions.

• To study the providing facilities in finance institute.

8
 • To study the Act as A Government Agent for Economic Growth.

LIMITATIONS OF PROJECT WORK

The limitations of financial statements are those factors that a user
should be aware of before relying on them to an excessive extent. Knowledge
of these factors could result in a reduction of invested funds in a business, or
actions taken to investigate further. The following are all limitations of financial
institute.

• Lacks originality
• Based on historical data
• Goes hand in hand with cash flow statement
• Cannot be used on stand lone basis
• Static
• Risk of receiving wrong goods for the buyer
• Less credit reviod for the buyer

1.4. PROJECT METHODOLGY

1 . PRIMARY DATA

9
 The primary data are those which are collected afresh and for the first
time. It is also called as Basic data. 8 Primary data is data that is collected by a
researcher groom first-hand sources.
Primary data is a type of data that is collected by researchers directly from
main sources through interviews, surveys, experiments, etc. Primary data are
usually collected from the source—where the data originally originates from
and are regarded as the best kind of data in research.
The sources of primary data are usually chosen and tailored specifically to
meet the demands or requirements of particular research. Also, before
choosing a data collection source, things like the aim of the research and target
population need to be identified.

Primary data sources:

• Autobiographies and memoirs
• Diaries, personal letters, and correspondence
• Interviews, surveys, and fieldwork
• Internet communications on email, blogs, listservs, and newsgroups.

2. SECONDARY DATA

Secondary data refers to data which is collected by someone who is

someone other than the user. Common sources of secondary data for social
science include censuses, information collected by government departments,
organizational records and data that was originally collected for other research
purposes.
Secondary data is research data that has previously been gathered and can
be accessed by researchers. The term contrasts with primary data, which is
data collected directly from its source.

Secondary data is used to increase the sampling size of research studies and is
also chosen for the efficiency and speed that comes with using an already
existing resource. Secondary data facilitates large research projects, in which
many research groups working in tandem collect secondary data. The main

10
researcher is then allowed to focus on primary research or particular areas of
interest. This division of labor helps researchers learn more in less time.

Secondary Data sources :

• journal articles that comment on or analyse research , •
textbooks ,
• dictionaries and encyclopaedias
• books that interpret, analyse, • political commentary ,
• biographies.

CHAPTER – 2

ORGANIZATIONAL PROFILE

2.1. HISTORY OF L & T FINANCE

11
 Larsen & Toubro Ltd, commonly known as L&T, is an Indian
multinational conglomerate company, with business interests in engineering,
construction, manufacturing, technology and financial services, headquartered
in Mumbai. The company is counted among world's top five construction
companies. It was founded by two Danish engineers taking refuge in India. As
of 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture
and 35 joint operations companies, operating across basic and heavy
engineering, construction, realty, manufacturing of capital goods, information
technology, and financial services.

Larsen & Toubro originated from a company founded in 1938 in

Bombay by two Danish engineers, Henning Holck-Larsen and Søren Kristian
Toubro. The company began as a representative of Danish manufacturers of
dairy and allied equipment. However, with the start of the Second World War
in 1939 and the resulting blockade of trade lines, the partners started a small
workshop to undertake jobs and provide service facilities. Germany's invasion
of Denmark in 1940 stopped supplies of Danish products. The war-time need to
repair and refit and degauss ships offered L&T an opportunity, and led to the
formation of a new company, Hilda Ltd, to handle these operations. L&T also
started to repair and fabricate ships signalling the expansion of the company.
The sudden internment of German engineers in British India (due to suspicions

12
caused by the Second World War), who were to put up a soda ash plant for the
Tata's, gave L&T a chance to enter the field of installation.

In 1944, ECC (Engineering Construction & Contracts) was incorporated by

the partners; the company at this time was focused on construction projects
(Presently, ECC is the construction division of L&T). L&T began several foreign
collaborations. By 1945, the company represented British manufacturers of
equipment used to manufacture products such as hydrogenated oils, biscuits,
soaps and glass. In 1945, the company signed an agreement with Caterpillar
Tractor Company, USA, for marketing earth moving equipment. At the end of
the war, large numbers of war-surplus Caterpillar equipments were available at
attractive prices, but the finances required were beyond the capacity of the
partners. This prompted them to raise additional equity capital, and on 7
February 1946, Larsen & Toubro Private Limited was incorporated.

2.2. RECENT DEVELOPMENT

L&T Finance raises its first Rs200 crore Sustainability Linked

Rupee Loan. This is the first rupee-denominated Sustainability Linked Loan (SLL)
for both Societe Generale and LTF. L&T Finance Holdings is one of India's most
valued and fastest-growing Non-Banking Financial Companies (NBFCs). The
company offers a diverse range of financial products and services in rural,
housing and infrastructure finance sectors. It also offers Investment
management services.

13
2.3. ORGANIZATIONAL PROFILE

L&T Finance Limited is an unlisted public company incorporated on 24

November, 1993. It is classified as a public subsidiary of a foreign company and
is located in Parganas North, West Bengal. It's authorized share capital is INR
4,886.31 cr and the total paid-up capital is INR 2,684.17 cr.
L&t Finance Limited's operating revenues range is Over INR 500 cr for the
financial year ending on 31 March, 2018. It's EBITDA has increased by 28.25 %
over the previous year. At the same time, it's book networth has increased by
24.82 %.
Description: The company provides financial services. It operates through Rural
Business, Housing Business, Wholesale Business, and Defocused Business
segments.
Products & Services : farm equipment, micro finance, and two wheeler finance
products.

Category: Service Provider

The current status of L&T Finance Limited is - Active.

The last reported AGM (Annual General Meeting) of L&T Finance Limited, per
our records, was held on 03 August, 2021. Also, as per our records, its last
balance sheet was prepared for the period ending on 31 March, 202L&T
Finance Limited has seven directors - Sachinn Roopnarayan Joshi, Thomas
Mathew Thumpeparambil, and others

Founded - 7 February 1938; 84 years ago

Bombay, Bombay Presidency, British India
(present-day Mumbai, Maharashtra, India)

14
Founders - Henning Holck-Larsen Søren Kristian Toubro
Headquarters L&T House, Ballard Estate , Mumbai,
Maharashtra , India .

Area served – World wide

Services - Power generation Infrastructure Construction

Heavy industry IT Services Rapid transit Financial Services
Shipbuilding Real estate Defence

Divisions - Real Estate

(Realty)TechnologyEngineeringConstructionManufacturing

Subsidiaries - L&T Infotech Mindtree L&T Technology Services

L&T Infrastructure Engineering L&T Energy L&T Mutual Fund
L&T Nx T L&T Finance Holdings L&T Special Steels and Heavy Forgings
L&T Shipbuilding

2.4. ORGANIZATION CHART

15
2.5. Milestones

16
• 2015
o L&T IDPL completes development of the longest four-lane road
project under the Public Private Partnership (PPP) model

• 2014
- L&T IDPL achieves Financial Closure for Kudgi Power
Transmission Line project

- L&T IDPL achieves Financial Closure for Sambalpur

Rourkela Road project in Odisha o
- L&T IDPL AND TATA STEEL DIVESTS THEIR STAKE
IN DHAMRA PORT TO ADANI PORTS o
- Canada Pension Plan Investment Board signs definitive
agreement to invest in L&T IDPL
o
- Canada Pension Plan Investment Board invests in L&T IDPL

• 2013
- Inauguration of the 6.1 Km long elevated corridor in Nashik city on June 14th, 2013,

which falls under the project stretch of the six -lane road
connecting the Pimpalgaon-Nashik-Gonde, section of
NH3 (length 60 Km) in the state of Maharashtra.

- L&T IDPL wins bid for Kudgi Power Transmission Line

project

• 2012
- Commissioning of Pimpalgaon Nashik Gonde road
project – India's first all women toll plaza

- Commissioning of Halol Godhra Shamlaji Road Project

o

17
 - Commissioning of Rajkot Jamnagar Vadinar Road
Project o
- Award of Amravati - Jalgaon (Maharashtra) Road
Project o
- Award of Jalgaon to Maharashtra-Gujarat border
(Maharashtra) Road Project

• 2011
- Award of Sangareddy – Karnataka / Maharashtra
border
Road Project

- Award of Beawar-Pali-Pindwara Road project

- Comissioning of Dhamra Port project

• 2010
- Award of Gandhidham-Samakhiali road
project o
- Award of Krishnagiri-Walajapet road
project o
- Award of Devihalli-Hassan road project o
- Award of Hyderabad Metro project o
- Award of Kacchigarh Port Project

2.6. Awards and Recognitions

18
2022

Socio CSR Film Festival 2022- 'Best Social

Community Project Film’

2019

Business Standard Social Excellence Awards, 2019 - Socially Aware

Corporate of the year for the scale and gender-inclusive work of its digital-
literacy initiative in rural India, Digital SSakhi
2018

L&T Finance Holdings featured in the Forbes India's Super 50 Companies

2018

2018

19
 FINNOVITI 2018 Award for “SANGAM”, an Innovation in the Two-wheeler
business

2017

RE - Finance Awards for "Best Renewable Energy

Financier of the Year 2017 for both the Solar and Wind Sector."

2016

Central Board of Irrigation & Power Awards (Govt. of

India Organization) for "Best Finance Company in Renewable
Energy at the annual.

CHAPTER – 3

20
 SERVICE PROFILE

3.1. SERVICE PROFILE

L&T Finance Limited provides consumer financial products and

services. The Company provides auto, two wheeler, and loyalty
financial loans, as well as real estate finance and wealth
management services. L&T Finance serves clients in India.

L&T Finance Limited provides consumer financial products and

services. The Company provides auto, two wheeler, and loyalty
financial loans, as well as real estate finance and wealth
management services. L&T Finance serves clients in India.

L&T Finance Holdings Limited provides various financial

services in India. It operates through Rural Finance, Housing
Finance, Infrastructure Finance, Defocused Business, and
Others segments. The Rural Finance segment offers farm
equipment finance, two wheeler finance, and consumer finance
services, as well as micro loans. The Housing Finance segment
provides home loans, loans against property, and real estate
finance.

The Infrastructure Finance segment offers infrastructure finance

and infra debt funds. The Defocused Business segment
provides structured corporate loans, debt capital market,
commercial vehicle finance, construction equipment finance,
SME term loans, and leases. The Others segment offers asset
management, wealth management, etc. It also provides mutual

21
fund products. The company operates through 221 branches
and 1,532 micro loan meeting centers. The company was
formerly known as L&T Capital Holdings Limited and changed its
name to L&T Finance Holdings Limited in September 2010. The
company was incorporated in 2008 and is headquartered in
Mumbai, India. L&T Finance Holdings Limited is a subsidiary of
Larsen & Toubro Limited.

Health Insurance by Insurers

• Care Health Insurance
• Bajaj Allianz Health Insurance
• STAR HEALTH & ALLIED Health Insurance
• BHARTI AXA Health Insurance
• Cholamandalam Health Insurance
• ManipalCigna Health Insurance
• Future Generali Health Insurance
• IFFCO Tokio Health Insurance
• Max Bupa Health Insurance
• National Health Insurance
• New India Health Insurance
• Oriental Health Insurance
• Reliance Health Insurance
• Royal Sundaram Health Insurance
• SBI Health Insurance
• United India Health Insurance
• Universal Sompo Health Insurance
• Aditya Birla Health Insurance

22
Government Schemes

• ES I
• CGH S
• Pradha n Mantr i Suraksh a Bim a Yojan a
• Raji v Gandh i Jeevandaye e Arogy a Yojan a
• Aa m Adm i Bim a Yojan a
• Yashaswin i Car d
• Wes t Benga l Healt h Schem e

Types of Health Insurance Policies:

• Health Insurance for Individuals

• Family Floater Health Insurance Plans
• Health Insurance for Senior Citizens
• Critical Illness Insurance Cover
• Group/Corporate Health Insurance
• Cashless Hospitalization

3.2. SERVICES PROVIDED BY L & T

Loan services by finance can be utilised for various things in today’s world. It
can be used for funding a start-up to buying appliances for your newly purchased
house. Let us talk about the different types of loans available in the market and
their specific characteristics that make these loans useful to the customers.

Let’s see different types of loans services provided by finance :

• Personal Loans

Most banks offer personal loans to their customers and the money can be
used for any expense like paying a bill or purchasing a new television.
Generally, these loans are unsecured loans. The lender or the bank needs
certain documents like proof of assets, proof on income, etc. before
approving the personal loan amount. The borrower must have enough
assets or income to repay the loan. In case of personal loans, the
application is 1 or 2 pages in length. The borrower gets to know about the
denial or approval of the loan within a couple of days.

23
• Credit Card Loans

• When you are using a credit card, you must understand that you will have
to repay for all the purchases you make at the end of the billing cycle.
Credit cards are accepted almost everywhere, even when you are
travelling abroad. As it is one of the most convenient ways to pay for the
things you buy, it has become a popular loan type.

Home Loans
When you wish to purchase a house, applying for a home loan can help
you to a great extent. It provides you the financial support and helps you
buy the house for yourself and your loved ones. These loan generally
come with longer tenures (20 years to 30 years). The rates offered by
some of the top banks in India with their home loans start at 8.30%. Your
credit score is checked before the loan request is approved by the lender.
If you have a good credit score, there is a fair chance that you will be able
to enjoy lower rates of interest with your home loan.
Home loans are primarily taken for buying new homes. However, these
loan can also be used for home renovations, home extensions, purchasing
land property, under-construction houses, etc.

• Car Loans

Buying a car can definitely instil a great sense of joy and happiness in
you. A car will remain as your asset and it is going to be one of the
biggest investments that you make. A car loan helps you to pave the path
between your dream of owning a car and actually buying your car. Since
credit reports are crucial for judging your eligibility towards any loan, it is
good to have a high credit score when you apply for a car loan. The loan
application will get approved easily and you might get a lower rate of
interest associated with the loan.
Car loans are secured loans. If you fail to pay your instalments, the lender
will take back your car and recover the outstanding debt.

• Two-Wheeler Loans
24
• A two-wheeler is pretty essential in today’s world. May it be going for a
long ride or a busy road in a city – bikes and scooters help you to
commute conveniently. A two-wheeler loan is easy to apply for. This
amount you borrow under this loan type helps you to purchase a
twowheeler. But if you do not pay the instalments on time and clear your
debt, the insurer will take your two-wheeler to recover the loan amount.

Small Business Loans

Small Business Loans are loans that are provided to small scale and
medium scale businesses to meet various business requirements. These
loans can be used for a variety of purposes that help in growing the
business. Some of these could include purchase of equipment, buying
inventory, paying the salaries of employees, marketing expenses, paying
off business debts, meeting administrative expenses, or even to open a
new branch or take up a franchise.
The eligibility criteria for small business loans varies from lender to
lender, but the common ones are the age of the business owner, the
number of years the business has been operational, income tax returns, and
statement of the previous year’s turnover that has been audited by a
Chartered Accountant (CA).

• Payday Loans

Payday loans are also called salary loans. These are unsecured short-term
loans that require the customer to be employed with a steady income.
They usually have high interest rates. This is based on the applicant’s
credit profile, age, and income. Documents required would be salary
statements and other proof of income.

• Cash Advances

These loans are offered by credit card issuers and allow credit card users
to withdraw cash from an ATM machine using the credit card. The amount
of cash that can be withdrawn from a credit card in this way will depend
on the credit limit available. The cash has to be paid back with interest,
which is usually calculated from the day the cash has been

25
 withdrawn. There are also other fees associated with a cash advance, such
as cash advance fees and ATM or bank fees.

• Home Renovation Loan

Home innovation loans are offered by most lenders. These can be availed
to meet the expenses related to renovation, repairs, or improvement of an
existing residential property. Depending on the lender, there is a lot of
flexibility with what you can do with a home renovation loan. You can
use it to buy products or pay for services. For example, you can use it to
pay for the services of a contractor, architect, or interior decorator. You
can also use it to buy furniture, furnishings, or household appliances such
as a refrigerator, washing machine, air conditioner, etc. It can be used for
painting, carpentry, or masonry work as well.

• Agriculture Loan

Agriculture loans are loans that are provided to farmers to meet the
expenses of their day-to-day or general agricultural requirements. These
loans can be short term or long term. They can be used for raising working
capital for crop cultivation or to buy agricultural equipment.

• Gold Loan
A gold loan can be used to raise cash to meet emergency or planned
financial requirements, such as business expansion, education, medical
emergencies, agricultural expenses, etc. The loan against gold is a secured
loan where gold is placed as security or collateral in return for a loan
amount that corresponds to the per gram market value of gold on the day
that the gold has been pledged. Any other metals, gems, or stones that are
in the jewelry will not be calculated when determining the value of the
gold loan.

26
 CHAPTER – 4

REVIEW OF LITERATURE

4.1. History of Finance in India

The origin of finance can be traced to the start of

civilization. The earliest historical evidence of finance is dated to
around 3000 BC. Banking originated in the Babylonian empire,
where temples and palaces were used as safe places for the
storage of valuables. Initially, the only valuable that could be
deposited was grain, but cattle and precious materials were
eventually included. During the same period, the Sumerian city
of Uruk in Mesopotamia supported trade by lending as well as
the use of interest. In Sumerian, “interest” was mas, which
translates to "calf". In Greece and Egypt, the words used for
interest, tokos and ms respectively, meant “to give birth”. In
these cultures, interest indicated a valuable increase, and
seemed to consider it from the lender's point of view. The Code
of Hammurabi (1792-1750 BC) included laws governing banking
operations. The Babylonians were accustomed to charging
interest at the rate of 20 percent per annum.

27
 Jews were not allowed to take interest from other Jews, but
they were allowed to take interest from Gentiles, who had at
that time no law forbidding them from practicing usury. As
Gentiles took interest from Jews, the Torah considered it
equitable that Jews should take interest from Gentiles. In
Hebrew, interest is neshek.
By 1200 BC, cowrie shells were used as a form of money in
China. By 640 BC, the Lydians had started to use coin money.
Lydia was the first place where permanent retail shops opened.
(Herodotus mentions the use of crude coins in Lydia in an earlier
date, around 687 BC.)

The use of coins as a means of representing money began

in the years between 600 and 570 BCE. Cities under the Greek
empire, such as Aegina (595 BCE), Athens (575 BCE), and Corinth
(570 BCE), started to mint their own coins. In the Roman
Republic, interest was outlawed altogether by the Lex
Genucia reforms. Under Julius Caesar, a ceiling on interest rates
of 12% was set, and later under Justinian it was lowered even
further to between 4% and 8%.

4.2. REVIEW OF LITERATURE

28
 ➢ Meaning & Definition of Finance Institute

A financial institution is an organization that deals in a variety of

monetary transactions, such as cash deposits, loans,
exchanging securities, and raising capital. It intermediates
transactions between the people who deposit or invest money
and the people who need to borrow or raise money.

Financial institutions are businesses that provide different types

of financial servicesto customers. They use the funds that
customers provide, then distribute funds to individuals and
businesses who need them. Thus, they connect savers and
spenders to facilitate transactions in the financial markets.

These organizations also play roles in helping customers raise

funds and invest their money. This includes facilitating the
buying and selling of securities like bonds and stocks. Some
financial institutions also assist customers with protecting their
assets, alongside helping them with managing their money.

The term “ Financial Institution ” means any institution engaged

in the business of providing financial services to customers who
maintain a credit , deposit , trust , or other financial account or
relationship with the institution.

A financial institution is an intermediary between consumers and

the capital or the debt markets providing banking and investment
services.
Financial institutions are a place where consumers can effectively manage
earnings and develop financial footing.

29
➢ Services Provided by Finance Institute

❖ Mortgages
Loans to purchase a home where the
collateral is the home itself .

❖ Home Equity Loans

Loans offered to home owners where the
amount is capped at a percentage of the
equity that the owner has on the home.

❖ Auto Loans
Loans used to finance the purchase of an
automobile. It is usually unsecured and
based on the borrower’s integrity and ability
to pay. The collateral is the vehicle.

❖ Personal Loans
Unsecured loans offered to bank
customers.

30
 CHAPTER – 5

DATA ANALYSIS & INTERPRETATION

Loan Disbursement Amount of Last 4 Years
Financial Year Loan Amount
2018 – 19 Rs. 55315 Crore
2019 – 20 Rs. 46936 Crore
2020 – 21 Rs. 50648 Crore
2021 – 22 Rs. 56356 Crore

31
Analysis :
Above data can be concluded in following way. In the year 2018-19 the loan
amount is Rs.55315 crore. In the next year 2019-20 the loan amount falls at
Rs.46,936 crore it says that the people would not interest in taking loans. In
the year 2020-21 also the loan amount increased at satisfactory level. the
loan amount is at Rs.56356 crore it says that the people would interest in
taking loans in the year of 2021-22.
Table showing profit of L & T Finance

Financial Year Profit

2016 – 17 Rs. 6000000
2017 – 18 Rs. 7000000
2018 – 19 Rs. 7500000

32
Analysis :
The above show graph shows the profit turnover of the “ L & T Finance
” in Finance Institute.
We can see the profit for the finance is average.
Profit for 2016-17 was very less as compared to the other year it just
had a profit of 6000000/- only.
Profit for 2018-19 is very high as compared to the other year it had a
profit of 7500000/- only.
Table Showing Services of L & T finance

Financial Year Services

2018 – 2019 Personal Loan 35
2019 – 2020 Auto Loan 15
2020 – 2021 Home Equity 17

33
 2021 – 2022 Mortgage 33

Services

2018-2019 Personal Loan 2019-2020 Auto Loans

2020-2021 Hoam Equity 2021-2022 Mortgage

Analysis:

The above data can be concluded in the following way. In the year
Services for Personal Loan is very high as compared to the other
services it has 35 % .
Services for Home Equity Loan is very less as compared to the other
services it has 17 %.
The Table Showing Schemes of L & T Finance

Financial Years Schemes

2018 – 2019 Aam Admi Bima Yojana 23
2019 – 2020 Yashaswani Card 28
2020 – 2021 CGHS 37
2021 – 2022 ESI 13

34
 Schemes

2018-2019 Aam Admi Bima Yojana 2019-2020 Yashaswani Card 2020-2021 CGHS 2021-2022 ESI

Analysis:

The above data can be concluded in the following way.

In the year 2020-2021 scheme CGHS is more than 37% as compared
to other schemes.
In year 2021-2022 in which scheme ESI is Less than 13% as compared
to other schemes.

CHAPTER – 6

FINDING AND RECCOMENDATIONS

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6.1. The threats in the SWOT analysis of the finance are as
mentioned :

▪ Identify key problems and challenges associated with

financial threats to our national security

▪ Shape public policy regarding financial threats that affect

American businesses’ interests and activities.

▪ Develop specific new policy, legislation, intelligence, and law

enforcement options to expose and counter these threats and

the activities of the enablers who facilitate illicit financial

activity.

▪ Promote close collaboration between the private sector and

the U.S. Government on efforts to identify financial

vulnerabilities and establish tools and processes to counter

efforts to exploit said vulnerabilities.

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6.2. SUGGESTION AND RECCOMMENDATIONS

▪ From the Project Report it is found that L & T finance Ltd

has provided various Services & Facilities to customer.

▪ These institutions also give out credit services that assist

their clients in catering to their immediate needs.

▪ The L & T finance is provide different types of Health

Insurance Policies & also their Government schemes.

▪ The customers are aware about services which are

provided by L & T finance Ltd.

▪ Customer’s satisfaction must be the top priority of the

finance.

▪ Maximum practical exposure should be provided to the job

trainees so that they may handle the various enquiries of
customer effectively.

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▪ Loaning procedure should be simple; less documentation
should be involved in the loan sanctioning procedure.

▪ Functioning should be fast i.e. the time taken to do any

work should be reduced efficiently.

▪ Online banking should be provided to customers for their

batter service.

▪ Customer’s care center should be established.

CHAPTER – 7

CONCLUSION

7.1 Conclusion ( Based on Project )

❖ From the study of L & T finance Ltd it is observed that various
schemes & different types of loans available in finance & they
provide their services under the their limitations.

❖ various suitable schemes designed L & T finance Ltd, people

are willing to take loans from finance.

❖ The loan sanction process is good and loss time, consuming

also the disbursement also easier and taken minimum time.
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7.2 Conclusion ( Based On Work )
❖ It can be concluded that customers base of L & T finance Ltd is
having larger in number because of their good customer
services & timely redressal of customer.

❖ At present L & T finance Ltd is one of the largest advance plans

issuers in Nashik. They provide best possible services. It
happens due to employee dedication towards organization.

❖ After studying marketing research on L & T finance Ltd. In

finance institute, I come to know about providing services of
them and their marketing strategies. Majority of the
coustomers are satisfied with their financing the small and
medium scale enterpri

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 ANNEXURE
BIBLIOGRAPHY

40
WEBLIOGRAPHY

41
https: / / en.m.wikipedia.org
https:/ / www.Gktoday.in
https:/ / blog.ipleaders.in
http://www.nafscob.org/
http://www.livemint.com/
http://www.outlookindia.com/
http://www.ltfs.com/
http://www.onesumore.com/
http://www.economictimes.com/
http://www.googlenews.com/
http://www.ltfswikipedia.com/
http://www.financeinstitute.com/

QUESTIONNAIRE

a. What is the full form of L & T ?

b. In which year established of L & T ?

c. In which year incorporate of L & T finance ?

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d. Which services provided by L & T finance ?

e. Which type of government schemes provided

by finance after loan ?

f. How many types of health insurance policy ?

g. Can finance institute provide any facilities ?

h. Which services provided by finance institute ?

i. What is the first priority of the L & T finance ?

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