MBA PROJECT BOYZ

ANALYSIS OF HOME LOANS WITH REFERENCE TO LIC-HFL

PROJECT
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ABSTRACTS

MBA PROJECT BOYZ

The world of today is changing fast, India is no exemption. LIC Home loan is one of the commonly used loan facility by the lower and middle class people. Before two decades only a few rich people and landlords had owned house. But after the industrialization earning capacity among the middle class people has also increased. Now a days owned house is not only bought for social status but also it is felt as a necessary one.

The population size is increasing trend. The government and private sector banks are providing housing loan. They have a tight competition. Financial companies are also providing financial facilities for the purchase and construction of home. Thus the researcher has made an attempt to study the analysis of home loans LIC Housing Finance Ltd Company is a leading Government company which has so many businesses and LIC Housing Finance Ltd Company having more customers. Their target is to expand the customers circle and to sell their different schemes, which offers the customers to get better benefits. But still, there is a question whether the consumers are satisfied or not. The consumers have different attitude towards LIC Housing Finance Ltd Company. The financial advisors need the opinion of the policyholders and their attitude, which helps them to approach the policyholders easily. The main aim of this study is to understand the role of Home loan consumers in

Coimbatore and to acquire knowledge about the various financial institutions extending home loan.The researcher had done descriptive research for studying the attitude of the customers. A simple descriptive research design is used when data are collected to describe persons, organizations, settings, or phenomena. Probabilistic sampling design has been used to conduct the research. Sampling unit is the basic unit containing the elements of a target population. The sampling unit of the study is loan borrowers of LIC-HFL. The study contains a sample size of 100 loan borrowers. Random sampling is adopted as sampling technique. It is also known as probability sampling where each and every item in the population has an equal chance of inclusion in the sample and each one of possible samples in case finite universes, has the same probability of being selected. The data was collected from the both primary and secondary sources. Tools used for analysis data Simple percentage analysis

MBA PROJECT BOYZ

Home Finance appears to be Extremelly Important influencing effective demand for home. Although the Terms and Conditions on which the finance is offered have a critical impact on its effect. Home Finance being a specialialised activity, it was felt desirable to concentrate in this activity by selected LIC-HFLs rather than the Indiscriminate involvement by all other lenders. The Vehicle loans provided by the financial institutions plays an important role in the improvement of the living standards of the people. The commercial banks, Developmental banks like ICICI and private lending institutions extending home loans for the purpose of buying a new home and used home. To Conclude the lending institutions has to take necessary steps to extend more home loans with easy procedures and easy installments along with the effective review of repayments.