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Data Analysis

The document contains 18 tables summarizing survey results about respondents' occupations, family sizes, incomes, bank accounts, insurance policies, and suggestions for improving awareness of insurance services offered by the bank. The majority of respondents were businessmen (30%), had family sizes of 5-6 members (40%), earned monthly incomes of Rs. 5000-10000 (30%), had current bank accounts (35%), did not have insurance policies (60%), and suggested increasing awareness of insurance services (80%).

Uploaded by

Yogesh Devmore
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© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
60 views

Data Analysis

The document contains 18 tables summarizing survey results about respondents' occupations, family sizes, incomes, bank accounts, insurance policies, and suggestions for improving awareness of insurance services offered by the bank. The majority of respondents were businessmen (30%), had family sizes of 5-6 members (40%), earned monthly incomes of Rs. 5000-10000 (30%), had current bank accounts (35%), did not have insurance policies (60%), and suggested increasing awareness of insurance services (80%).

Uploaded by

Yogesh Devmore
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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TABLE NO 1

OCCUPATION
s
1
2
3
4
5

Occupation
Business
Service
Student
Retired
Others
Total

No of respondents
30
25
15
10
20
100

percentage
30%
25%
15%
10 %
20%
100%

OCCUPATION
35%
30%
25%
20%
15%

percentage

10%
5%
0%

Interpretation
This indicates that must of the business is having current account with kaijs
bank this way textile businesses in Ichalkaranji area

TABLE NO:2
FAMILY MEMBER
Sr.no
1
2
3
4

Family members
1-2 members
3-4 members
5-6 members
6 & above
Total

No of respondents
10
30
40
20
100

Percentage
20%
30%
50%
20%
100%

FAMILY MEMBERS
60%
50%
40%
30%
20%

Percentage

10%
0%

Interpretation
Researcher found that 40% Respondent having family member in between 5-6
so it indicates 40% respondent having joint families so they need of insurance
for family security

TABLE NO 3
MONTHLY INCOME
Sr.no
1
2
3
4
5

Monthly income(Rs.)
5000-10000
10000-15000
15000-20000
20000-25000
Above 25000
Total

No of respondents
30
25
20
15
10
100

Percentage
30%
25%
20%
15%
10%
100

MONTHLY INCOME
35%
30%
25%
20%
15%
10%
5%
0%

Percentage

Interpretation
Out of total 100 respondent 30% are having monthly income Rs 5000-10000,
20% are having Rs 10000 to 15000, 15% are having Rs 20000 25000, and

10% are having above Rs 25000 this indicates 30% respondent may dont have
priority for insurance

TABLE NO 4
TYPE OF ACCOUNT
Sr.no
1
2
3
4
5

Type of account
Saving account
R.D.account
Current account
F.D.account
Share holders of bank
Total

No of respondents
30
15
35
10
10
100

Percentage
30%
15%
35%
10%
10%
100%

TYPE OF ACCOUNT
1
10%
10%

30%

2
3
4
5

35%

15%

Interpretation
It indicates that as most of the textile business is having current account or
business account with kaijs bank our servey also represent that

TABLE NO 5
ANY INSURANCE POLICY
Sr.no
1
2

Any insurance policy


Yes
No
Total

No of respondents
40
60
100

Percentage
40%
60%
100%

ANY INSURANCE POLICY

1
40%
60%

Interpretation
Researcher found that 60% respondent dont have insurance policy so the bank can promote
insurance policy to this 60% respondent for 40% respondent bank can give option of life
insurance corporation

TABLE NO 6
INSURANCE COMPANY
Sr.No
1
2
3

Insurance company
LIC
Private insurance company
Public insurance company

No of respondents
50
20
30
100

Percentage
50%
20%
30%
100%

INSURANCE COMPANY

30%

2
50%

20%

Interpretation
out of total 100% in the project most of the people who wish to go for the company policies
50% are opted for LIC 20% opted for private insurance company & 30% opted for public
insurance company so it indicates that most of the people prefer LIC for insurance so bank
can promote LIC insurance policy

TABLE NO 7
BENEFITS FOR PLAN

Sr.No

Benefit for plan

No of respondents

percentage

1
2
3
4

Death
Maturity
Partial
Surrendar
Total

50
30
20
10
100

50%
30%
20%
10%
100%

BENIFIT FOR PLAN


60%
50%
40%

percentage

30%
20%
10%
0%
Death

Interpretation

Maturity

Partial

Surrendar

Out of total 100 most of them have their own dislike and liking about them
insurance companies where 50% are interested in into maturity benefit 20% are
interested into partial benefit and 10% are only interested in surrender benefit of
the insurance companyInterpretation

TABLE NO 8
CORPORATE AGENT
Sr.No

CORPORATE AGENT

No of respondents

percentage

1
2

YES
NO
Total

30
70
100

30%
70%
100%

CORPORATE AGENT

30%

YES
NO

70%

Interpretation
Researcher found that where 30% has know janta bank is corporate agent of
LIC rest 70% of them have dont know about corporate agent of kaijs bank so
bank must give special attention towards awareness of insurance services
offered by them

TABLE NO 9
SOURCES OF INSURANCE SERVICES
Sr.No

Sources of insurance
services
At the time of visit to bank
At the time of opening
account
Through any advertisement
by bank
Through banks calender
Through references
Total

1
2
3
4
5

No of respondents

percentage

30
10

30%
10%

20

20%

10
30
100

10%
30%
100%

SOURCES OF INSURANCE SERVICES


35%
30%
25%
20%
15%
10%
5%
0%

percentage

Interpretation

Out of total 100 in the project most of the people who offered the source of insurance
services offered by kaijs bank are 30% are awe red for at the time of visit to bank 10% are
awarded at the time of opening account 30 % are awarded through any advertisement by bank
10% are awarded through banks calendar and 20% are opted through references

TABLE NO 10
willingness
Sr.No

Willingness

1
2

Yes
No
Total

No of respondents

percentage

60
40
100

60%
40%
100%

Willingness

Yes
40%

No
60%

TABLE NO 11
INFORMED ABOUT INSURANCE SERVICE
Sr.No
1
2

Informed about insurance


service
Yes
No
Total

No of respondents

percentage

30
70
100

30%
70%
100%

INFORMED ABOUT INSURANCE SERVICE

30%

Yes
No

70%

Interpretation
Into my total strength of 100 where 30% has informed about insurance services
for kaijs bank and rest 70% of them have no informed about kaijs bank
insurance service

TABLE NO 12
SATISFIED WITH INFORMATION PROVIDED
Sr.No
1
2

Satisfied with information


provided
Yes
No
Total

No of respondents

percentage

60
40
100

60%
40%
100%

SATISFIED WITH INFORMATION PROVIDED

Yes
40%

No
60%

Interpretation
out of total 100 policy holder have 60% are where most of them satisfied with
the information provided & remaining 40% are not satisfied w

TABLE NO 13
PONTS DONT UNDERSTOOD
Sr.No

Points dont understood

1
2
3
4

No of respondents

percentage

20
25
15
40
100

20%
25%
15%
40%
100%

Benefit chart
Surrender value
Maturity benefit
Whole plan
Total

PONTS DONT UNDERSTOOD


45%
40%
35%
30%

percentage

25%
20%
15%
10%
5%
0%
Benefit chart

Maturity benefit

TABLE NO 14
LIC POLICY TAKEN FROM KAIJS BANK
Sr.No
1
2

Lic policy taken from kaijs


bank
Yes
No
Total

No of respondents

percentage

30
70
100

30%
70%
100%

LIC POLICY TAKEN FROM KAIJS BANK

30%

Yes
No

70%

TABLE NO 15
POLICIES OF PLAN
Sr.No
1
2
3
4
5

Policies of plan
Endowment plan
Money back plan
Health plan
Term plan
Pension plan
Total

No of respondents

percentage

30
25
20
15
10
100

30%
25%
20%
15%
10%
100%

POLICIES OF PLAN
35%
30%
25%
20%
15%
10%
5%
0%

percentage

TABLE NO 16
PREMIUM PAYMENT MODE
Sr.No

Premium payment mode

No of respondents

percentage

1
2
3
4

Cheque
Cash
Kaijs bank Ecs account
Credit card
Total

40
25
30
05
100

40%
25%
30%
05%
100%

PREMIUM PAYMENT MODE


45%
40%
35%
30%
25%
20%
15%
10%
5%
0%

percentage

TABLE NO 17
AGENT OF PROCURED THE BUSINESS
Sr.No
1
2

Agent of procured the


business
Yes
No
Total

No of respondents

percentage

05
95
100

05%
95%
100%

AGENT OF PROCURED THE BUSINESS

5%
Yes
No

95%

TABLE NO 18
SUGGESTION FOR INSURANCE SERVICE AWARENESS
Sr.No
1
2

Suggestion
Yes
No
Total

No of respondents

percentage

80
20
100

80%
20%
100%

SUGGESTION FOR INSURANCE SERVICE AWARENESS

20%

Yes
No

80%

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