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Asian Journal of Research in Banking and Finance
Year : 2017, Volume : 7, Issue : 7
First page : ( 203) Last page : ( 214)
Online ISSN : 2249-7323.
Article DOI : 10.5958/2249-7323.2017.00077.3

Impact of Demographic Variables on Perceived Satisfaction towards Public and Private Sector Banks: A Contrast between Urban and Rural Region

Goel Deepti1, Dr. Hoda Tajammul2

1Ph. D. Scholar, Punjab Technical University, Punjab, India

2Director/Dean/Sr. Administrator/Registrar, Chandigarh Business School, Landra, Punjab, India, hoda_taj@yahoo.com

Online published on 17 July, 2017.

Abstract

The present study throws a comparison between rural and urban consumer with respect to demographic variables influencing their perceived satisfaction towards private and public sector banks. The study is conducted keeping in mind that the historic researches and observation though details about service quality aspects but lesser is found about the consumer behavioural aspect in the concerned matter. Following from these observations, the researchers used a sample of 500 respondents conveniently drawn from the private and public commercial banks operating in the study area to examine the impact of demographic variables, namely gender, income, age, occupation, education level, and income level on the adoption of banking channel. Results show that the influence of gender, age, education level, occupation and income level has a significant impact only on certain variables considered for the study.

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Keywords

Demographics, Chandigarh, perceived satisfaction, Public and Private Sector Banks.

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