A Comparative Analysis of Employee Loan Policies: A Case Study of HPCL, ICICI Bank, and SBI

Abstract

This research provides a comparative analysis of the loan policies offered by Hindustan Petroleum Corporation Limited (HPCL) with those from major banks, including SBI and ICICI, focusing on their respective advantages for HPCL employees. The study evaluates eligibility criteria, loan duration, interest rates, repayment terms, and other critical factors to determine which options align best with employee needs. Through a comprehensive analysis, including detailed EMI calculations and insights into economic trends, this paper aims to inform HPCL employees about the most beneficial loan options and proposes potential enhancements to HPCL’s loan policies.