CONSUMER BEHAVIOUR IN RETAIL BANKING SERVICES (HOME LOANS) Presented By ² GROUP 1 UPASANA BANERJEE RUPAK GHOSH NEELAM AGGARWAL

MD.ISHRAHUL HAQUE MONALI NANDI

INTRODUCTION A home loan is a loan which is secured by equity value in the borrower¶s home.g. .HOME LOAN . It¶s a type of secured loan in which the borrower pledges some asset (e. a property) as collateral for the loan.

TRIGGERS OF PURCHASE OF HOME LOAN  Lower inflation rate Increase the credit flow Banks to cut interest rates Repayment ² to ² income (RTI %) Loan to value (LTV%)     .

PROCESS APPLICATION FORM FIELD INVESTIGATION SANCTION PERSONAL DISCUSSION BANK ¶S CREDIT APPARAISAL BY BANK LOAN SUBMISSION OF LEGAL OFFER LETTER DOCUMENTS & CHECK TECHNICAL VALUATION SIGNING OF DISBURSEMENT REGISTRATION OF PROPERTY DOCUMENTS AGREEMENTS & POST-DATED CHEQUES .

BANK ESTABLISHES REPAYMENT CAPACITY .INPUTS  DOCUMENTS TO SUBMIT : PROOF OF INCOME. CREDIT APPARAISAL & LOAN SANCTION :THIS IS MAKE OR BREAK STAGE.ADDRESS PROOF. FIELD INVESTIGATION : REPRESENTATIVES SENT TO WORKPLACE FOR VERIFICATION & VALIDATION.IDENTIFICATION PROOF.AGE PROOF.WORKS OUT MAXIMUM LOAN ELIGIBILITY & FINAL LOAN AMOUNT IS COMMUNICATED TO CUSTOMER.   .

Sign up to vote on this title
UsefulNot useful