Professional Documents
Culture Documents
ACKNOWLEDGEMENT
I Wish to express my deep sense of gratitude to all who generously helped in
successful completion of the project work by sharing their valuable time and
knowledge.
I t thankfully acknowlege Mr. Manish Jain (HOD BBA Dept) GIMS Sagar for
giving me the opportunity to conduct and survey.
I Would like to express my sincere thanks to MISS RUPALI PATEL
LecturerBBA Dept) and all other faculty members, GIMS sagar who directly and
indirectly rendered me all possible hlep and guidance for preparing the report.
Finally I would like to thanks my parents, my friends without whom completion
of my project report would not have been possible.
CERTIFICATE
A PROJECT REPORT ON HOUSING FIANANCE COMPANY MARKETING
STRATEGY OF HDFC is prepared by NEERAJ KACHHI under The guidance of
Miss RUPALI PATEL is a satisfactory in respect to comments
Signature of Supervisor
TABLE OF CONTENTS
Preface
Acknowledgement
Certificate
Declaration by the Candidate
TOPIC NAME
PAGE
NO.
CHAPTER 1 INTRODUCTION
(A) COMPANY PROFILE
(B) HISTORY
(C) KEY PERSON
CHAPTER 2 OBJECTIVE
CHAPTER 3 RESEARCH METHODOLOGY
(A) TYPE OF RESEARCH
(B) SOURCE OF RESEARCH
CHAPTER 4 PRODUCT & SERVICE DETAILS
CHAPTER 5 MARKET SEGMENTATION
CHAPTER 6 DATA ANALYSIS AND INTERPRETATION
CHAPTER 7 SWOT ANALYSIS
CHAPTER 8 LIMITATION
CHAPTER 9 SUGGESTION AND CONCLUSION
CHAPTER 10 BIBLIOGRAPHY
CHAPTER 11 QUESTIONNAIRE
INTRODUCTION
Housing is one of the best human needs of the society. It is closely linked with the process of
overall socio-economic development of a country. India, being a highly populated country,
there is a great need and scope for the development of Housing Sector. Unfortunately, for
some reasons or the other, the housing sector in India has remained underdeveloped in the
past, however, it is hoped that there would be improvement in the near future.
Housing is a growing industry. There is substantial gap between demand and supply and is
persisting for a very long period. According to an estimate by the National Building
Organization, the cumulative shortage of total dwelling houses in the country by the end of
5
1991 was 31 million. It is further estimated by this organization that the demand for housing
will be around 4.5million units, leaving a gap of one million housing units annually. Hence,
based upon this estimate, the cumulative shortage of housing may reach to 41million units by
the end of this century.
Presently, funds required per dwelling shelter are so high that the individuals saving is not
adequate to meet the expenditure of house building. As a result, there is great demand for
external housing finance.
Housing was given due priority only in 1988 when a National Housing Policy was announce.
The policy reflected the trust that housing was not merely consumption expenditure but also a
productive investment which would provide economic activity in the country. Besides this,
the policy also envisaged that an impetus given to housing would stimulate economic
development through creation of substantial employment opportunities. Consequently, the
institutional mechanism for housing was strengthened by the establishment of National
Housing Bank (NHB) by the Reserve Bank of India.
INSTITUTIONAL FRAMEWORK
The setting up of the National Housing Bank marked the new era in housing finance as a new
fund
based
financial
service
in
the
country.
large
number
of
financial
institutional/companies in the public, private and joint sector entered in this field. For
example, Life Insurance Corporation of India and General Insurance Corporation came with
various schemes for financing the housing units. In 1970, Housing and Urban Development
Corporation (HUDCO), a wholly government owned enterprise, was setup with the objective
of housing and urban development as well as infrastructure development. After that, in 1977,
6
another Corporation named Housing Development Finance Corporation (HDFC) was set up
in private sector.
Housing was given due priority only in 1988 when a National Housing Policy was
announced. The policy reflected the trust that housing was not merely consumption
expenditure but also a productive investment which would provide economic activity in the
country. Besides this, the policy also envisaged that an impetus given to housing would
stimulate economic development through creation of substantial employment opportunities.
Consequently, the institutional mechanism for housing was strengthened by the establishment
of National Housing Bank (NHB) by the Reserve Bank of India.
Informal Sector
Formal Sector
Household
savings
Disposal of
Existing
properties
Borrowings from
friends, relatives and
money lenders etc.
7
Government
Central
Govt.
Banking
State
Govt.
Public
Authorities
Commercial
Banks
Cooperative
Banks
Non-Banking
Other Banks
HUDCO
Non-Banking
Finance Companies
(NBFCs)
House Finance
Companies (HFCs)
Non-Banking
Housing Finance
Companies
(NBHFCs)
Insurance
LIC/GIC
Specialized
Institution
HDFC
and also about the salient features offered by a home loan provider and also study some
Home Loans and Home Insurance FAQs which helps in applying a Home Loan in India.
And the most important thing is you should know about each and every termrelated with
Home Loans before applying for a Loan. It is always advisable to consult a home loan expert
or consultant before applying for a home loan or purchasing a property.
You can take different types of home loans like Bridge Loans, Home construction Loans,
Home Equity Loans, Home Extension Loans, Home Improvement Loans, Land Purchase
Loans etc for different schemes available in the market. There are different types of home
loans tailored to meet your needs.
Home Purchase Loans: These are the basic forms of home loans used for
purchasing of a new home.
Home Improvement Loans: These loans are given for implementing repair
works, healing and renovations in a home that has already been purchased.
Home Construction Loans: These loans are available for the construction of
a new home.
Home Extension Loans: These loans are given for expanding or extending an
existing home. For egg: addition of an extra room etc.
Home Conversion Loans: These loans are available for those who have
financed the present home with a home loan and wish to purchase and move to
another home for which some extra funds are required. Through home
conversion loan, the existing loan is transferred to the new home including the
extra amount required, eliminating the need of pre-payment of the previous
loan.
Land Purchase Loans: These loans are available for purchasing land for both
construction and investment purposes.
Bridge Loans: Bridge loans are designed for people who wish to sell the
existing home and purchase another one. The bridge loans help finance the
new home, until a buyer is found for the home.
The Home loan sector in India is the pi-vital role player in the growth of the real estate
scenario in India. With tax incentives given to the housing finance sector in the annual budget
of 2001, transactions related to buying and selling of residential properties increased
considerably and was much higher as compared to previous years.
9
Since the new class of buyers are relatively younger set of customers who are more aware
about legal documentation and approvals, buyers are now more 'end-users' rather than
investors; the property market in India undergoes transformation to align itself with global
standards with an increased emphasis on quality & cost control and documentation methods.
In the current economy of India, the real estate sector has the maximum propensity to
generate income and demand for materials, equipment and services. It can be said that
housing finance companies were formed for co-existing with buyer's requirements of housing
loans for investing in properties. Home loans are made available by financial institutions to
both Indian and NRI customers at floating and fixed rate of interest and also at attractive EMI
options.
No tax benefits are available for NRI customers unless you file returns and thereby become
eligible to avail of the tax benefits.
Besides home loans, Commercial property loans are also available and different financial
institutions in India provide commercial loans at different rates and different upper limits.
Real estate loans are available to builders, promoters and real estate developers. The
experience and financial standing of the builders is taken into account before the loan is
granted which is to be returned with the minimum installments.
Today, the amount of money that a city dweller spends on rent is roughly the same, or only
slightly less than the amount he pays as an EMI on a housing loan. Earlier the home loan
sector in India was solely dependent on nationalized and public sector banks, but the entry of
public sector banks into the housing finance business marked the beginning of the first round
of interest rate cuts. And this reduction in interest rates has enhanced the borrowing power of
customers. Moreover, HFCs are offering incentives to attract investors like
Some companies sanction the housing loan without requiring you to identify
property as a pre-requisite for eligibility
There are a few documents which the finance companies require for setting up
10
Salaried Employee
The latest
showing
deductions
Self-employed
Proof
of
age
(birth
certificate/voter
identity
card/passport/schoolleaving
certificate/valid
driving license)
Financial
Institutions
11
SWOT ANALYSIS
12
STRWNGTHS
1)An
active
mainstream sector .
2)Effective
regulatory
framework.
3)Extensive network
of regional bank
microfinance
institution,
cooperatives credit
unions and rural
bank.
WEAKNESSES
OPPORTUNITIES
Increasing
urbanization.
THREATS
Housing
microfinance
potential.
has
13
The person, extending the loan, certifies that such interest is payable in respect
of the amount advanced for acquisition or construction of the house
A loan for refinance of the principle amount outstanding under an earlier loan
taken for such acquisition or construction.
If the conditions stated above are not fulfilled, then the interest on borrowed
capital is deductible up to Rs 30,000 though the following conditions have to
be satisfied:
In addition to the above, principal repayment of the loan/capital borrowed is eligible for a
deduction of up to Rs 100,000 under Section 80C from assessment year 2006-07.
Terms and conditions for availing Tax benefits on Home Loans
1. Tax deductions can be claimed on housing loan interest payments, subject to
an upper limit of Rs 150,000 for a financial year. Interest on the fresh loan can
be claimed as a deduction, subject o the stated upper limit.
2. An additional loan for extension/addition to the same house and the person's
deductions on the existing loan are less than Rs 150,000; he can claim further
benefits from the additional loan taken, subject to the upper limit of Rs
150,000 for a financial year.
3. Tax benefits under Section 24 and deduction under section 80C of the Income
Tax Act can be claimed only when the payment is made. If a person fails to
make EMI payments, he cannot claim tax benefits for the same.
4. According to the Income Tax Act, only the person who has taken the loan can
claim tax rebates.
5. The interest on home loans taken for repairs, renewals or reconstruction, also
qualifies for the deduction of Rs 150,000.
6. A husband and wife, both of whom are tax-payers with independent income
sources, get tax deduction benefits, with respect to the same housing loan; to
the extent of the amount of loan taken in their own respective name.
7. If a person buys a house and sells it within the same year/after 3 years, and if
any profit is made, then a capital gains tax liability arises on the same for
which the individual is liable to pay short-term capital gains tax since the sale
took place in the same year. But, if the sale had taken place after 3 years, then
a long-term capital gains tax liability would have arisen.
8. If it is proved that the home loan is simply an arrangement between the loanseeker and the builder or with a third party for the purpose of claiming tax
benefits, then tax benefits will not be allowed and benefits, previously
claimed, will be clubbed to the income and taxed accordingly.
9. Tax benefits on interest on housing loans are allowable only for the original
loan and for a second loan taken to repay the first loan and not for subsequent
loans. This means that if you have already availed of one loan to refinance the
original loan and want to no avail a third loan to refinance the second loan, tax
rebate on interest payments will not be permissible. This is because the
Section 24 (1) only talks of the second loan and not of subsequent loans. Even
15
if you take the second loan at a rate of interest higher than the original loan,
you will be eligible for a tax rebate on the second loan.
OBJECTIVE
SCOPE OF STUDY
This study is analysis of housing finance schemes of HDFC, ICICI, PNB AND SBI banks. It
is helpful in analyzing the home loan Schemes service provided to the customer and their
16
HDFC BANK
HDFC Bank was incorporated in 1994 by Housing Development Finance Corporation
Limited (HDFC), India's largest housing finance company. It was among the first companies
to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in
the private sector. The Bank started operations as a scheduled commercial bank in January
1995 under the RBI's liberalization policies.
Times Bank Limited (owned by Bennett, Coleman & Co. / Times Group) was merged with
HDFC Bank Ltd., in 2000. This was the first merger of two private banks in India.
Shareholders of Times Bank received 1 share of HDFC Bank for every 5.75 shares of Times
Bank.
In 2008 HDFC Bank acquired Centurion Bank of Punjab taking its total branches to more
than 1,000. The amalgamated bank emerged with a base of about Rs. 1,22,000 crore and net
advances of about Rs.89,000 crore. The balance sheet size of the combined entity is more
than Rs. 1,63,000 crore.
HOME LOAN OF HDFC BANK
Features
Maximum loan-80% of the cost of the property (including the cost of the
land) and based on the repayment capacity of the customer.
Applicant and Co- Applicant to the loan-Home Loans can be applied for
either individually or jointly. Proposed owners of the property, will have to be
co-applicants. However, the co-applicants need not be coowners.
17
Purchase of
Flat, row house, bungalow from developers
Existing freehold properties
Properties in an existing or proposed co-operative housing society or
apartment owner's association
First Power of Attorney purchases in Delhi for DDA flats allotted before 1992.
Home Loan: Eligibility
Salaried
Self
Age
21-60 years
25-65 years
Income
Income
provided
criteria
not
Job
Job
experience
Experience provided
not Job
experience
provided
not
Residence
Proof
not Residence
provided
not
Residence
provided
criteria
proof
not Income
provided
proof
Minimum - Rs 1 lac
Maximum - Rs 50 lacs
Margin
Salaried
Customers
Self
Professionals
Salary-
Employed Self
Businessman
form
and
with Application
photograph
Residence Identity
Proof
Employed
form
and
with
Residence
Form 16
Last 6 months
fee statements
bank
Last 6 months
statements
(self
business)
bank
and
Applicable
Rates Fixed rates
Basis%
Variable rates%
(Monthly Rest Basis)
%
RPLR
Upto and including Rs 30
11.50
lacs
9.75
RPLR - 5.75
10.00
RPLR - 5.50
10.25
RPLR - 5.25
11.50
Flexible Loan installments Plan- Often customers, parents and their children,
wish to purchase properties together. The parent is nearing retirement and their
children have just started working. This option helps such customers combine
the incomes and take a long term home loan where in the installment reduces
upon retirement of the earning parent.
Tranche Based EMI- Customers purchasing an under construction property
need to pay interest ( on the loan amount drawn based on level of
construction) till the property is ready. To help customer save this interest, we
have introduced a special facility of Tranche Based EMI. Customers can fix
the installments they wish to pay till the time the property is ready for
possession. The minimum amount payable is the interest on the loan amount
drawn. Anything over and above the interest paid by the customer goes
towards Principal repayment. The customer benefits by starting EMI and
hence repays the loan faster.
Security
Security for the loan is a first
mortgage of the property to be
financed, normally by way of
deposit of title deeds and/or such
other collateral security as may be
necessary. Interim security may be
required, if the property is under
construction.
Disbursement
The loan will be disbursed in full or in suitable installments, taking into account the
requirement of funds and progress of construction, as assessed by the Bank directly to seller
or builder or local development authority or supplier of materials etc.
Processing charges or admission fee
Processing fee equivalent to 0.5% of the loan amount (applied for) will be collected along
with the application form (taxes as applicable).
Penalty for early closure - Nil
Other Conditions
Bank reserves the right to reject any application without assigning reasons thereof
The applicant will undertake to inform the Bank as and when there is a change in address or
employment
The terms and conditions mentioned above and elsewhere under the scheme are subject to
modification from time to time solely at Bank's discretion.
20
ii.
Honoring of cheques issued for the purpose other than specifically stipulated
in the sanction.
iii.
iv.
v.
Strengths : -
23
Opportunities :
Threats : 1.
Profit margins will be good.
1.
Legislation could impact.
2.
Could extend to overseas broadly. 2.
Great risk involved
3.
New specialist applications.
3.
Very high competition prevailing
4.
Could seek better customer deals.
in the industry.
5.
Fast-track career development 4.
Vulnerable to reactive attack by
opportunities on an industry-wide
major competitors.
basis.
5.
Lack of infrastructure in rural
areas could constrain investment
Home Loans
Charges
Renewal
0.5% to 1%
2% on the principal
outstanding on full
prepayment
Charges for late payment
2% per month
1.75% on principal
Charges for changing from fixed to floating rates of interest
outstanding
1.75% on principal
Charges for changing from floating to fixed rates of interest
outstanding
Cheque Swap Charges
Rs. 500/Document Retrieval Charges
Rs. 500/Cheque bounce charges
Rs. 200/Prepayment Charges
Note : Service Tax and other taxes, levies, etc. applicable as per prevailing rate will be
charged over and above these charges.
Repayment Terms of your Home Loan
In our endeavor to make taking a home loan an easy process for you, we at ICICI Bank
24
Home Loans address all your queries about the repayment terms of Home Loans with
respect to tenure, home loan EMIs, methods of home loans EMI payments and pre-EMI
interest.
What is the repayment tenure?
How is the loan repaid?
What is an EMI?
When does the repayment start?
How is the EMI paid?
What if a PDC bounces?
What is pre-EMI interest?
When do I pay PEMIs?
What is the repayment tenure?
Repayment tenure is the tenure for the number of year for which the loan gets sanctioned. We
offer you a wide range of options for the tenure of the loan. You can take a home loan for up
to 25 years provided you do not reach the age of 65 years or retire within that period
How is the loan repaid?
All loan repayments are done via equated monthly installments (EMI).
What is an EMI?
An EMI refers to an equated monthly installment. It is a fixed amount whichyou pay every
month towards your loan. It comprises of both, principal repayment and interest payment
When does the repayment start?
EMI payments start from the month following the month in which the full disbursement has
been made
How is the EMI paid?
The EMI is to be paid every month through post-dated cheques (PDCs) or Electronic
Clearing System (ECS)*. If you are opting for PDCs, then you will have to provide 36 PDCs
upfront. The PDCs are to be dated on the 1st of every month. However, if you receive your
salary a few days later, we provide the flexibility of dating the cheques for the 10th of the
month. In case you have an ICICI Savings account you can also go in for the facility of Auto
Debit.
What if a PDC bounces?
In the case of a bounced cheque or delayed payment, charges and outstanding dues will be
charged as per the prevailing company policy. You can replace old PDCs with new ones
within 5 - 7 working days.
What is pre-EMI interest?
In the case of part disbursement of the loan, monthly interest is payable only on the disbursed
amount. This interest is called pre-EMI interest (PEMI) and is payable monthly till the final
disbursement is made, after which the EMIs would commence.
25
26
Loan Provider
Loan Duration
100000
2000000
- 1 - 5 Yrs
100000
2000000
- 1 - 5 Yrs
10000
1500000
100000
2000000
- 1 - 5 Yrs
10.5%
100000
5000000
- 1 - 5 Yrs
10.5%
100000
20000000
- 1 - 5 Yrs
10.5%
100000
10000000
- 1 - 5 Yrs
10.5%
100000
10000000
- 1 - 5 Yrs
11.0%
100000
2000000
- 1 - 5 Yrs
11.0%
100000
10000000
- 1 - 5 Yrs
11.25%
200000
10000000
- 1 - 5 Yrs
9.5%
9.75%
1 - 5 Yrs
9.75%
27
RESEARCH METHODOLOGY
According to Green and Tall A research design is the specification of the
methods and procedures for acquiring the information needed. It is the overall
operational pattern or framework of the project that stipulates which
information is to be collected, from where it is to be collected and by what
procedures
28
This research process based on primary data analysis and secondary data
analysis will be clearly defined to meet the objectives of the study.
I chose the primary sources to get the data. A questionnaire was
designed in accordance with our mentor in SAMSUNG
. I chose a
because of:
Wide range of population, it was impossible to cover the whole
population
Time and money constraints.
Sample Unit
In this survey I took the list of customers from the dealers of SAMSUNG
in
Sagar City.
Sampling Technique
Sampling technique implies the method of choosing the sample items, the two
methods of selecting sample are:
Probability method.
Non-probability method.
Probability method is those in which every item of the universe has an equal
chance of the inclusion in the sample. Non-probability methods are those
that do not provide every item in the universe with known cause of being
included in the sample. The selection process is partially subjective.
For my study, I employed the Non-probability sampling technique, in which I
got the data of the customers from the dealer of SAMSUNG
in Sagar City
LIMITATION
Although best of the efforts were made to conduct a prefect survey but still it
faces certain limitation. Following were certain limitation of this project.
1. Some of the respondents did not aware the terms and condition of home loan
schemes.
2. Some of the respondents did not answer all the questions. This could hamper
the final results to a certain extent.
3. We had limited time for conducting this survey report.
4. The study confines itself to the respondents of BILASPUR only. Hence
findings would not be relevant to other cities.
5. People mind set about the survey was an obstacle in acquiring complete
information & positive interaction.
6. Respondents were very busy in their schedule. So it was very time consuming
for them to answer all the questions properly.
31
CHAPTER -7
Page no
7.1 DATA ANALYSIS AND INTERPRITATION 50-68
37
74%
NO
13
26%
TOTAL
50
100%
32
Interpretation
The above column chart depicts that 74% person are
taking home loan and only 26% are not taking home
loan.
33
NO.
of
respondent
ICICI
24%
HDFC
14
38%
PNB
16%
SBI
19%
OTHE
R
3%
TOTAL
37
100%
Interpretation
Total number of respondent was 37
24% person is chose ICICI bank
38% people are chose HDFC bank
16% person is chose PNB bank
And, 19% people are chose SBI bank
YES
NO
TOTAL
NO.
24
13
37
%
65%
35%
100%
34
Interpretation
Total Number of Respondents was 37.
Many of persons know all terms and conditions of home loan i.e. 65%.
35% persons had not know properly about all terms and conditions
35
NO.
NEWSPAPER
22%
TELEVISION
16%
INTERNET
11
30%
OTER RESOURCES
12
32%
TOTAL
37
100%
Interpretation
Total Number of Respondents was 37
22% persons came to know from newspaper
16% persons came to know from television
30% persons came to know from internet
32% persons came to know from other resource
%
36
O
.
MOBIL
E
BANKI
NG
1
4
38
%
NET
BANKI
NG
1
2
32
%
FOREX
BANKI
NG
0%
OTHER
1
1
30
%
TOTAL
3
7
10
0%
Interpretation
38 persons said that bank offer mobile banking services.
32 said that bank offer net banking services.
30% said that bank offer other services.
And no one said that bank offer forex banking services.
37
NO.
8
8
16
5
37
%
22%
22%
43%
14%
100%
INTERPRETATION
The above graph shows that according to the 43% of
total
sample
size,
HDFC
provides
the
38
LOW
INSTALL
MENT
MAXIMU
M TIME
PERIOD
HIGH
INSTALL
MENT
NOTHING
TOTAL
N
O
.
1
7
1
3
4
3
3
7
%
4
6
%
3
5
%
1
1
%
8
%
1
0
0
%
INTERPRETATION
The above graph shows that according to the 46%
respondent satisfy, lower installment. 35% was satisfy
maximum time period, 11% was satisfy high installment
And only 8% of the respondent not satisfy any feature
39
of loan schemes.
VERY GOOD
19%
GOOD
18
49%
FATR
12
32%
POOR
0%
TOTAL
37
100%
40
INTERPRETATION
According this chart, mostly 49% respondent rate the
overall quality of your relationship with banks of
housing finance good 32% are fair, 19% very
good and no one rate in poor.
EXCELLEN
T
VERY
GOOD
FAIR
POOR
TOTAL
NO.
5
%
14%
24%
22
1
37
59%
3%
100%
INTERPRETATION
Mostly 59% respondent level of satisfaction is fair
regarding to price, 24% rated in very good, 14% rated in
excellent, and only 3% rated in poor .
41
ICICI
N
O.
8
SBI
HDFC
15
PNB
TOTA
L
37
%
22
%
16
%
40
%
22
%
100
%
INTERPRETATION
The above graph shows that according to the 40
percentage of total sample size, HDFC provides suitable
EMI. The next preference is given to ICICI and PNB
has received the third preference for providing suitable
EMI. And only 16 percent of the sample preferred SBI.
42
NO.
25
12
37
%
68%
32%
100%
43
ICICI
SBI
PNB
HDFC
TOTAL
NO.
8
8
6
15
37
%
22%
22%
16%
40%
100%
44
YES
NO
TOTAL
NO.
10
27
37
%
27%
73%
100%
Interpretation
Total Number of Respondents was 37.
27% persons face difficulty during taking the loan.
73% persons does not face any difficulty during taking
the loan
45
14) Are you agree with the after home loan services
provided by your bank are best as compare to other
bank?
STRONGLY AGREE
AGREE
DISAGREE
STRONGLY DISAGREE
TOTAL
NO.
4
27
6
0
37
%
11%
73%
16%
0%
100%
Interpretation
Total Number of Respondents was 37.
11% among all consumers are strongly agreed by after
sale services of the bank.
73% among all consumers are agreed by after sale
services of the bank
16% among all consumers are disagreed by after sale
services of the bank
0 among all consumers are strongly disagreed by after
sale services of the bank.
46
EXCE
ELLE
NT
VERY
GOOD
GOOD
AVER
AGE
TOTA
L
Interpretation
Total number of respondent was 37.
35% said processing services is very good.
32% said processing is good.
19% said average and only 14% said excellent.
47
NO.
7
15
9
6
37
ICICI
HDFC
SBI
PNB
TOTAL
%
19%
41%
24%
16%
100%
Interpretation
41% people recommend HDFC bank of housing finance
to a friend or relative, 24% are SBI, 19% ARE ICICI
and only 16% are recommended PNB.
48
EXCEL
LENT
N
O.
7
GOOD
21
AVERA
GE
BELLO
WS
AVERA
GE
TOTAL
37
%
1
9
%
5
7
%
2
4
%
0
%
1
0
0
%
Interpretation
49
SALES PROMOTION
16%
COSTOMER
FRENLYNESS
22%
LOWER
RATES
INTEREST 12
LOWER EMIS
EASY
SANCTIONING
TOTAL
3
LOAN 8
37
32%
8%
22%
100%
50
Interpretation
The above graph depicts that 32% said Lower interest
rates are the main aspect for the success of housing
finance. 22% said customer friendliness and easy loan
sanctioning. 16% said sales promotion and branding.
And only 8% said lower EMIS is positive aspects.
Give well
services
to
customer
loan
sanction
time
period
Reduce
interest
rates
Sales
promotio
n
NO
.
15
17%
10
33%
30
100
%
50
51
INTERPRITATION
Total respondent in suggestion is 30.
According to this graph 50% people said give well
services to customer a,17 % said for time period, 33%
said reduce interest rates, and no one said for sales
promotion.
CHAPTER 6
Page no.
SUMMARY OF FINDINGS
70
52
SUMMARY OF FINDING
1) According to this project report 74% interested in housing finance.
2) 38% people like to take HDFC bank home loan. Because this bank give well
services.
3) I am finding in this project serve more bank use new technology like: internet
banking, mobile banking, and forex banking.
4) According to this serve customer satisfied low installment schemes of bank.
5) 72% people did not face any difficulty during takingthe loan
6) Mostly people recommended HDFC bank of hosing finance.
53
CHAPTER-7
Page no.
7.1 RECOMMENDATION AND CONCLUSION
72
RECOMMENDATION
1. There is more time period for repayment of home loan.
2. Housing finance institution take steps to solve customer problems
immediately.
3. Loan sanction date should be according to customer convenient.
4. A customer awareness program should be taking place in rural area.
54
&
Banners.
CONCLUSION
Housing is a growing industry. Various public and private institutions have
entered in this field. These institutions have initiated various house financing
schemes to cater the diversified needs of this sector. Besides the emerging and
expanding institutional set up, the system of credit delivery of housing is still
inadequate. The responsibility to provide house finance largely was rested
with the Central Government till the early eighties. The setting up of the NHB
in 1988, as the apex housing finance institution, was the beginning of the
emergence of housing finance as a fund based financial service in the country.
Its role fall into three categories promotional, financial and regulatory.
Housing finance institutions must become self sustaining units which work on
full cost recovery basis and device innovative financial instruments to
mobilize their resources from household sector.
55
CHAPTER-8
8.1
BIBLIOGRAPHY
56
BIBLIOGRAPHY
Internet
Catalogs
57
QUESTIONNAIRE
Dear respondant,
As a part of
mba
curriculum,
am
conducting
study
on " analysis of housing finance schemes of hdfc bank, icici bank, pnb & sbi
bank". You are requested to please cooperate by providing relevant
information. I assure you that information will kept confidential and will be
used for study purpose only.
Thank
yours
smita jaiswal
you
faithfully
Contact number--------------------------------,
Address-------------------------------------------------------------------------------------------------------------------------------------What is your occupation?
Business man
Government employee
House wife
Student
Other
1) If you are make or purchase your own home than are
you like to take facility of Housing Finance?
A. Yes
B. No
B. No
B. Television
D. Other resources
B. Maximum time
59
D. Nothing
B. Good
C. Fair
B. Very good
C. Good
B. No
14) Are you agree with the after home loan services
provided by your bank are best as compare to other
bank?
A. Strongly agree B. Agree
C. Disagree
D. Strongly disagree
B. Very Good
D. Average
60
B.HDFC
D. PNB
that
you
want
to
61