Comparative Analysisof Homeloanb/W Hdfc and Icici Bank
1. Introduction:
Purchasing the home of your dreams is not an easy task. Especially when you plan to buy a home on loan. Home loans means that you buy a house on installments. In simpler terms when you want to own a home and cannot afford to pay the amount in lump sum, you can pay it in monthly installments with an interest rate. There are number of companies offer cheap loans at a low interest rate You can avail loan against existing house for renovation or expansion etc. The demand for home loans will not sag much. The reason is a substantial rise in the income-generating capability of Indian youth. So this particular section will keep the housing loan demand high and increased lending rates can only shelve their plans for some time. .
1.1 Background: The research report also discusses the outlook of Indian housing sector, role of housing finance companies, growth of housing finance market, housing finance disbursements and housing loan disbursements by private sector banks.
Every one of us has a dream to own a house I life time. Although home loans are given by almost all the Banks of India, purchasing the home of our dreams is not an easy task. As the salaried population living in India is in larger percentage, like any other country, when one decide to own a house, one cannot afford to pay the entire amount in lump sum. So, the banks in India are offering housing finance with easy installment schemes with relevant interest rates to the buyers, which reduces their burden and allow them to decide to own a house without any hesitant mind.
Providing Home Loans in India came to its full boon in the recent years and now it is spread on a huge scale as many banks are coming to offer the Home loans in different special schemes to attract more number of buyers. There are numerous nationalized as well as private banks that offer Real estate Mortgage Home Loans in a hassle free manner in India these days. The process of availing a home is made very easy that
Purchasing the home of your dreams is not an easy task. Especially when you plan to buy a home on loan. Home loans means that you buy a house on installments. In simpler terms when you want to own a home and cannot afford to pay the amount in lump sum, you can pay it in monthly installments with an interest rate. There are number of companies offer cheap loans at a low interest rate You can avail loan against existing house for renovation or expansion etc. The demand for home loans will not sag much. The reason is a substantial rise in the income-generating capability of Indian youth. So this particular section will keep the housing loan demand high and increased lending rates can only shelve their plans for some time. .
1.1 Background: The research report also discusses the outlook of Indian housing sector, role of housing finance companies, growth of housing finance market, housing finance disbursements and housing loan disbursements by private sector banks.
Every one of us has a dream to own a house I life time. Although home loans are given by almost all the Banks of India, purchasing the home of our dreams is not an easy task. As the salaried population living in India is in larger percentage, like any other country, when one decide to own a house, one cannot afford to pay the entire amount in lump sum. So, the banks in India are offering housing finance with easy installment schemes with relevant interest rates to the buyers, which reduces their burden and allow them to decide to own a house without any hesitant mind.
Providing Home Loans in India came to its full boon in the recent years and now it is spread on a huge scale as many banks are coming to offer the Home loans in different special schemes to attract more number of buyers. There are numerous nationalized as well as private banks that offer Real estate Mortgage Home Loans in a hassle free manner in India these days. The process of availing a home is made very easy that
References: ❖ Kotler, Philip – Marketing management: Analysis, Planning, Implementations and control, Pearson Education, New Delhi. 2003, 11th edition. ❖ Beri –marketing Research (Tata McGraw-Hill), 1993, 2nd edition.