A Study on Consumer Perceptive on Home Loans Provided by Private Banks

A home loan is a long term commitment which is decisive. The demand for home loans has increased manifold in the last decade. The home loan scheme offered by both private and public sector banks are competitive. On the other hand the private sector banks are coming daily in our country and the preference of the younger population is changing because of services & facilities provided by them. The demand for home loans has increased massively. Through this paper the basic of housing loan is addressed. The various issues relating to of drivers in demand to housing, evolution and types of home loan are discussed. There are number of housing finance companies and banks offering cheap home loans at less interest rates. The study takes into account of customers, reasons and problems.