This is to certify that I have completed the Project titled A STUDY ONHOME LOANS under the guidance of Mr.

Amit Kumar Gupta in the partial fulfillment of the requirement for the award of the degree of Masters in Business Administration from Rukmini Devi Institute Of Advanced Studies, New Delhi. This is an original work and I have notsubmitted it earlier elsewhere.RAJNI Rukmini Devi Institute of Advanced Studies1 This is to certify that the project titled A STUDY ON HOME LOANS isan academic work done by RAJNI submitted in the partial fulfillment of the requirement for the award of the degree of Masters in BusinessAdministration from Rukmini Devi Institute Of Advanced Studies, NewDelhi. under my guidance and direction. To the best of my knowledge and belief the data and information presented by him in the project has not been submitted earlier elsewhere.Mr. Amit Kumar Gupta (Project Guide)RDIAS Rukmini Devi Institute of Advanced Studies3 jjjjjjj "Gratitude is not a thing of expression; it is more matter of feeling." There is always a sense of gratitude which one express towards others for their help andsupervision in achieving the goals. This formal piece of acknowledgement is an attempt toexpress the feeling of gratitude towards people who helpful me in successfully completingof my training.I would like to express my deep gratitude to Mr.Amit Khanna my training coordinator for their constant co-operation. He was always there with his competent guidance andvaluable suggestion through out the pursuance of this research project. Special thanks to Mr.Amit Kumar Gupta who guided me to work honestly and to give valuable suggestionfor improving my work Last but not least I would also like to place of appreciation to allthe respondents whose responses were of utmost importance for the project.Above all no words can express my feelings to my parents, friends all those persons whosupported me during my project. I am also thankful to all the respondents whosecooperation & support has helped me a lot in collecting necessary information.I would also like to thank almighty God for his blessings showered on me during thecompletion of project report.Rukmini Devi Institute of Advanced Studies4 jjjjjjj CHAPTER 1INTRODUCTION1.1INTRODUCTION TO HOME LOANS Home is a dream of a person that shows the quantity of efforts, sacrifices luxuriesand above all gathering funds little by little to afford ones dream.Home is one of the things that everyone one wants to own. Home is a shelter to person where he rests and feel comfortable. Many banks providing home loans whether commercial banks or financial institutions to the people who want to have a home.HDFC-(Housing Development And Finance Corporation) Home Loan, India have been serving the people for around three decades and providing various housing loanaccording to their varied needs at attractive & reasonable interest rates. Owing to their wide network of financing, HDFC Housing Loans provides services at your doorstep andhelps you find a home as per your requirements.Many banks are providing home loans at cheapest rate to attract consumers towardsthem. The more customer friendly attitude of these banks, currently offer to consumerscheapest loan over homes.In view of acute housing shortage in the country, and keeping in mind the social economic role of commercial banks in the present times, the RBI advised banks toencourage the flow of credit for housing

finance.With the RBI reducing bank rate, the home loan market rates nose-diving by 50 basis points. The HDFC Bank and Standard chartered bank has become the first player inthis sector to announce a housing loan for a 20 years period. No doubt it will enhance theend cost people to plan their house over longer duration now; it has been made easy for a person to buy that dream house which he dreamt of long ago.HDFC also provides with Home Improvement Loan for internal and externalrepairs and other structural improvements like painting, waterproofing, plumbing and electric works, tiling and flooring, grills and aluminium windows. HDFC finances up to85% of the cost of renovation (100% for existing customers).Current status is that HDFC reduced home loan rates by 50 basis points for all itsexisting floating rate customers. 1.2 ADVANTAGES OF HOME LOANS:The various benefits of home loans arising to the customers are:(i)Attractive interest rates:-