A STUDY ON HOME LOANS

NAME-RAJNI ROLL NO- 032

INTRODUCTION TO HOME LOANS

HDFC-(Housing Development And Finance Corporation) Home Loan, India have been serving the people for around three decades and providing various housing loan according to their varied needs at attractive & reasonable interest rates. Owing to their wide network of financing, HDFC Housing Loans provides services at doorstep and helps you find a home as per your requirements

Types of home loans:        

Housing loans offered by banks are of different types:Home Purchase Loans Home Construction Loans Home Improvement Loans Home Extension Loans Home Conversion Loans Land Purchase Loans Stamp Duty Loans

COMPANY PROFILE OF HDFC HOUSING DEVELOPMENT FINANCE CORPORATION LTD

Housing Development Finance Corporation Limited , founded 1977 by Ravi Maurya and Hasmukhbhai Parekh, is an Indian NBFC, focusing on home loans. HDFC operates through almost 450 locations throughout the country with its corporate head quarters in Mumbai, India. HDFC also has an International Office in Dubai, UAE with service associates in Kuwait. HDFC is the largest housing company in India for the last 27 years.

Types of Products offered HDFC provide loans to meet all your requirements for you to make that house a home.  Home Improvement Loan  Home Extension Loan  Loans to professionals for office or clinic.  Home Equity Loans (Loan Against Property)  Loan against Rent receivables  Loans to professionals for non-residentials premises loan

OBJECTIVES OF STUDY

The main objective of this study is to know the Customers perceptions about home loans of HDFC housing development finance corporation LTD. To analyze the history of hdfc ltd. To know the ideas of customers about home loan products and services. To study the satisfaction level of customers about home loans.

RESEARCH METHODOLOGY

Research methodology is a way to systematically show the research problem. It may be understood as a science of studying how research is done scientifically. It is necessary for the researcher to know not only the research methods but also the methodology RESEARCH DESIGN:- This project is based on exploratory study . SOURCES OF DATA :- To fulfill the information need of the study. The data is collected from primary as well as secondary sources Sample size;- sample size for this project was 100 respondents

SAMPLING TECHNIQUE:Random sampling technique was used in the survey conducted.  TOOLS OF ANALYSIS:Data has been presented with the help of bar graph, pie charts, line graphs . SCOPE OF STUDY

ANALYSIS AND INTERPRETATIONS

Sources of information about Home Loans Scheme
20% 11% 4%
newspaper

49% 16%

magazines banners word of mouth any other source

Interpretation:-

From where you have got your home financed

60 50 40 percentage of 30 customers 20 10 0 HDFC LTD PNB SCB ICICI BANK any other

Category Yes

No. of Respondents 164

Do you know about HDFC housing development finance corporation LTD?
9%

No

16

Awareness about HDFC LTD
YES NO

91%

Interpretation:From the table and graph above it can be seen that 91% respondent’s are known about HDFC LTD 9% respondent’s are not known about HDFC LTD

FINDINGS

RECOMMENDATIONS AND SUGGESTIONS
These suggestions have been discussed as follows: To satisfy their customers and for good dealings in future, the HDFC LTD should make prompt disbursement of loan amount to the customers so that they can buy or construct their dream home as early as possible.. The HDFC LTD should use easy procedure or say, less lengthy procedure for the sanctioning of loan to the customer. There should be less number of legal formalities, in case this exists, then, these should be completed in less time. This will be helpful in attracting more customers.

CONCLUSION

BIBLIOGRAPHY
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NEWS PAPERS The Times of India Financial Express WEB PAGES:http://www.hdfcindia.com/ http://www.hdfcindia.com/others/popup/news/hdfc_fin_result_june_30_08.html www.hdfc.com http://www.iloveindia.com/real-estate/housing-finance- companies/hdfc.html http://www.loansnews.info/Home-loan/hdfc-home-loans/ http://www.hdfcindia.com/loans/hm-loan-documents.asp http://www.thinkplaninvest.com/2009/01/hdfc-will-cut-home-loan-rates/ http://www.suncorp.com.au/suncorp/personal/home_loans/tips/faq.aspx http://investing.businessweek.com/research/stocks/people/people.asp?ric=HDFC.BO http://www.economywatch.com/companies/forbes-list/india/housing-development-financecorporation.html http://www.hdfcindia.com/loans/home-loan.asp http://docs.google.com/gview?a=v&q=cache:woJTMDV1HLYJ:www.hdfc.com/pdf/32AGM %2520speech.pdf+hdfc+housing+finance+development+product&hl=en&gl=in http://www.hdfc.com.mv/faq.htm

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