Identifying Factors influencing preference towards Post Office ...

IRACST- International Journal of Research in Management & Technology (IJRMT), ISSN: 2249-9563
Vol. 2, No.6, December 2012
Table 05: Factors Influencing to Invest
in Post Office
Sl. Descriptions Percentage
No.
1. Tax-Free Interest 19.2
2. Safe, Secure And 39.8
Risk-Free
Investment
3. Nomination
6.9
Facility Is
Available
4. Attractive Rates Of 11.3
Interest
5. Nomination Can 1.2
Be Changed At
Any Time
6. Instruments Are 1.2
Easily Transferable
7. Regular Monthly 6.9
Income
8. Tax Benefit 13.6
Total Responses 100.0
Table 06: Sources of Investment Advice
Sl. No. Descriptions Percentage
1. From Relatives & 41.4
Colleagues
2. From Newspapers 12.6
3. From Financial 12.1
Advisors
4. From Media 10.8
5. Other Sources 23.1
Total Responses 100.0
Table 07: Criteria of Selecting an Agent
Sl. No. Descriptions Percentage
1. Personal
38.4
Relationship With
The Agent
2. Performance Of 25.8
The Agent
3. Facilities Offered 32.1
By The Agent
4. Other Factors 3.7
Total Responses 100.0
Table 08: Purpose of Investment
Sl. No. Descriptions Percentage
1. For Retirement 25.7
And Old Age
2. Acquiring An 20.8
Asset
3. Child's Education 23.0
4. Child's Marriage 12.3
5. Other Purposes 18.1
Total Responses 100.0
Table 09: Variables having negative
impact on Post Office Savings
Sl. No. Descriptions Percentage
1. Poor Awareness 20.3
2. Less aware due 14.3
to Less
advertisement
3. Less Attractive 11.1
4. Low return 9.0
5. Problem of 6.5
liquidity
6. Low Capital 0.8
Appreciation
7. Problem of IT 11.5
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