A STUDY ON CRDIT CARD

A PROJECT

In the subject of FINANCIAL SERVICES

SUBMITTED TO

UNIVERSITY OF MUMBAI DEPARTMENT OF COMMERCE 2nd Floor Ranade Bhavan University Campus Kalina Santacruz (E) Mumbai-400098 FOR SEMESTER I OF

MASTER OF COMMERCE

BY

MR.MAHADEV SHINDE Roll No.49

Specialization: BANKING & FINANCE UNDER THE GUIDANCE OF Prof .Dr. M.K.DEKATE YEAR 2013-2014

DECLARATION BY THE STUDENT

I, Mr. MAHADEV SHINDE student of M. Com. Part-I (Roll Number-49}at the Department of Commerce, University of Mumbai do hereby declare that the project titled, A STUDY ON CERDIT CARDS submitted by me in the subject of Financial services for Semester I during the academic year 2013-14, is based on actual work carried out by me under the guidance and supervision of Prof.Dr.M.K.DEKATE I further state that this work is original and not submitted anywhere else for any other examination.

Signature of Student

EVALUATION CERTIFICATE
This is to certify that the undersigned have assessed and evaluated the project on A STUDY ON CREDIT CARDS in the subject of Financial services submitted by Mr.Mahadev Shinde, student of M. Com. Part-I at the Department of Commerce, University of Mumbai for Semester I during the academic year 2013-14. This project is original to the best of our knowledge and has been accepted for Internal Assessment.

Internal Examiner

External Examiner

Director Dr. V. Deolankar

University of Mumbai Department of Commerce

Internal Assessment: Subject: Financial Services

Name of the Student

Class

Branch

Roll Num ber.

First name

:MAHADEV M. COM. PART I COMMERCE 49

Fathers Name: MANIKRAO Surname : SHINDE

Topic for the Project: A STUDY ON CERDIT CARD

Marks Awarded Signature DOCUMENTATION Internal Examiner (Out of 10 Marks) External Examiner (Out of 10 Marks) Presentation (Out of 10 Marks) Viva and Interaction (Out of 10 Marks)

TOTAL MARKS (Out of 40)

CONTENTS

SL.N0.

PARTICULARS

PAGE NO.

CHAPTER 1 - INTRODUCTION
1.1 INTRODUCTION 1

CHAPTER 2 ABOUT THECREDIT CARD

2.1 2.2 2.3 2.4 2.5 NEED AND SCOPE OF CERDIT CARD TYPES OF CERDIT CARD CREDIT CARD vs DEBIT CARD FEATURES OF CREDIT CARD BENEFITS OF CREDIT CARD 6 8 11 14 15

CHAPTER 3-SUMMARY OF CREDIT CARD

3.1 3.2 3.3 ABOUT CREDIT CARD INDUSTRY INDIAN CREDIT CARS SCENRIO TIPS OF USING CREDIT CARD 19 20 30

CHAPTER 4 : SUMMARY OF CREDIT CARD

CONCLUSION RECOMMENDATIONS 33 34

APPENDICES
5.3 BIBLIOGRAPHY 35

Research and methodology: For the purpose of present study secondary data were used.

Secondary data:

1) Websites and search engines: The internet, being the largest sources of information and knowledge, proved to be biggest help in data collection. The website of various banks provides lots of information.

2) Book available: The data was also collected from the book with us and the brochures also proved very useful.