21-12-2012, 01:11 PM
A STUDY ON HOME LOANS
A STUDY ON HOME.doc (Size: 86.5 KB / Downloads: 39)
Introduction
As we know that there are three basic needs In human life, first is food ,Second is cloths and third one is house , house is a basic need for all human being and every human won’t a house to live in .In India there is huge population which is living below the poverty line and the other which are above the poverty line they also have a problem of housing. In India there is a huge population which is living in the rental houses that is why a large amount of his income goes to pay the rent of house because they don’t have enough money to purchase the house.In India the real state business is growing very fast so the rates of lands are also going very hike the higher rates of lands and plots is a major elements of higher rates of house. Which are not affordable to everyone so there is only a way which helps to those persons who are willing to buy a house but they have no enough money to pay for it . In that situation home loan is only a way which helps to satisfy the basic needs of home of a large portion of the Indian population.
Home Loan is a Secured loan offered against the security of a house property which is funded by the bank’s loan, the property could be a personal property or a commercial one. The Home Loan is a loan taken by a borrower from the bank issued against the property/security intended to be bought on the part by the borrower giving the banker a conditional ownership over the property i.e. if the borrower is failed to pay back the loan, the banker can retrieve the lent money by selling the property.
OBJECTIVES
The major objective of research is to analysis the home loan system. By This research project we won’t to know how the home loan system works and how the house loan helps to fulfill the need of Indian folk to fulfill his basic need of housing and to know the impact of home loan schemes offers by the different banks .how much the home loan is helpful to common men to provide a permanent shelter to spent his whole life and his whole family .
The research have also some subordinate objective with its main objective. with the help to this project we won’t to achieve some subordinate object. which are as following :-
To know the impact of home loan on the life style of the India folk.
To know satisfaction level of custom
To analysis the customer perception & behavior related to home loan.
To find out the constant in home loan system.
To find out the future scenario of home loan .
To find out the point on which we need to concentrate to make house loan schemes more convenient .