A Dissertation On COMPARATIVE STUDY OF CREDIT APPRAISAL NORMS FOR HOME LOANS OF IDBI BANK AND ITS COMPETITORS

Submitted to
SIKKIM MANIPAL UNIVERSITY, RAIPUR (Centre Code 01523)

In Partial Fulfillment of the Requirement for the Award of the Degree of Master Of Business Administration

Guided by Nitin Saxsena

Submitted by Rahul haritwal Roll No520831040

SIKKIM MANIPAL UNIVERSITY, RAIPUR

2010-2011

DECLARATION

I hereby declare that, the dissertation entitled COMPARATIVE STUDY OF

CREDIT APPRAISAL NORMS FOR LAP OF IDBI BANK AND ITS COMPETITORS has been carried out by me, under the guidance of Mr. Nitin
Saxsena, IDBI Bank, Raipur during the year 2009-2010. The present dissertation is the result of my original research work and the same has not been previously submitted to any examination of this university or any other university.

Place: Raipur Date: / /2010 Rahul haritwal

ACKNOWLEDGEMENT
At the very outset I express my deep sense of gratitude towards my guide Mr. Nitin Saxsena, who spent her precious time and extended her support to me during the course of project. It was her co-operation and direction at every moment, without whom it would have not been possible for me to complete my project, for which I am extremely grateful to her. I express my sincere thanks to IDBI Bank, Raipur, for the opportunity provided to me to do a project in their organization. I am especially indebted to my family, because of their help I have been able to carry out this work successfully At last but not the least I would like to thanks to all my friends and colleagues who were always there to help me.

Rahul haritwal.

CONTENTS
LIST OF TABLE : LIST OF GRAPH : I II

SR. NO.

TITLE

PAGE NO.

CHAPTER 1

INTRODUCTION 3

1.1Present scenario of Home Loans in India CHAPTER 2 OBJECTIVE BEHIND THE STUDY

4 6 6 7

2.1Research Methodology 2.2Techniques & tools CHAPTER 3 PROFILE OF IDBI BANK 8

3.1History & Information 3.2Departmental structure of IDBI Bank CHAPTER 4 INTRODUCTION TO LAP

9 12 14 14

4.1Types of loan 4.2Purpose of lap

CHAPTER 5

INSTITUTIONS OFFERING HOME LOANS IN RAIPUR CITY 15 18 29 32 38 41

5.1IDBI Home Loan Scheme 5.2ICICI Home Loan 5.3 State Bank of India

5.4LIC Housing Finance Ltd. 5.5Housing Development Finance Corp.

CHAPTER 6

IDEAL MECHANISM OF CREDIT APPRAISAL NORMS FOR HOME LOANS 44

CHAPTER 7

OBSERVATION AND RECOMMENDATION

54

APPENDIX :

BIBLIOGRAPHY QUESTIONNAIRE 63

61

LIST OF TABLES
TABLE NO. TITLE

1 2 3

Loan policies of IDBI Bank EMI interest rate (IDBI) Tenure and maximum loan amount of different schemes (IDBI)

4 5 6 7 8

Salary slab (IDBI) Interest rate (ICICI) No of Year and amount of interest SBI Interest rate and EMI (LICHF) No of Years and interest rate (HDFC)

LIST OF GRAPHS
GRAPH NO. TITLE PAGE NO.

1. 2.
3. 4. 5.

Saving habits of individuals (applicant) Profile of the applicant Current liabilities and future obligation of applicant 48 Number of dependents on the applicant

46 47

49

Applicants own contribution in property to be purchased. 50 The additional and undisclosed income of the applicant Applicants investment in Shares, debenture, etc. The continuity of service and the Soundness of company in which applicant is employed. 51 52 53

6. 7.

8.

CERTIFICATE

I hereby certify that the dissertation entitled COMPARATIVE STUDY OF CREDIT APPRAISAL NORMS FOR HOME LOANS OF IDBI BANK AND ITS COMPETITORS submitted by Rahul haritwal to Sikkim Manipal University for the award of Degree of Master of Business Administration, is a bonafide and original research work carried out under my guidance and supervisions and no part of the project has been submitted for any degree or published in any other form.

Place: Raipur Date:

Mr. Nitin Saxsena (Guide Name)