Project on Sbi Home Loans

7/29/2019 Project on Sbi Home Loans

1/18

A study on HOME LOANS with respect of

STATE BANK OF INDIA

Main Branch, Bellary.

A PROJCT REPORT SUBMITTED TO GULBARGA UNIVERSITY

IN PARTIAL FULFULLMENT OF THE REQUIREMENT FOR THE

AWARD OF

BACHELOR OF BUSINESS MANAGEMENT

GULBARGA UNIVERSITY GULBARGA

GULBARGA UNIVERSITY

Submitted By:

Miss.Rangamma.G

REG.NO 0958905

Batch no. 2010-2011

PROJECT GUIDE:

Mr.R.H.GURUPRASAD BABU M.B.A, M.Phil

S.G.T.COLLEGE, BELLARY

Department of Business Management

SREE GURU THIPPERUDA COLLEGEBELLARY-583103


2/18

DECLARATION

I hereby declare that this project entitled HOME LOANS IN

SBI, MAIN BRANCH, Bellary. Is a record of independent

research work carried by me under the guidance of Mr.GuruPrasad

Babu.M.B.A, M.Phil.

I further declare the findings in the project report are based on the

independent study done by me and this project has not formed the

basis for the award of any degree of any other university.

Place:

Date:

Miss.Rangamma.G


3/18

ACKNOWLEDGEMENT

I take this opportunity to thank S.G.T. College, Bellary

for giving me an opportunity to pursue my BBM studies.

I thank Sri. S.N.Rudrappa CA Honorable Chairman,

Sree Thipperudra Education Trust, Bellary for providing

me an opportunity to carryout the project.

I thankful to Mr.K.Ram Kiran MBA, Honorable Principal

Sree Guru Thipperudra College, Bellary

I convey my whole hearted thanks to Sri H.R.Bala

Nagraj MBA, LLB (spl), Head of the Department for the

opportunity and support.

I am extremely thankful to internal guide Mr.R.H.

GuruPrasad Babu.M.B.A, M.Phil. for providing me excellent

guidance during the course of my project work.

I am extremely thankful to external guide Mr.Srinivas

Rao for providing me excellent guidance during the

course of my project work.

I am thankful to all the respondents who provided me

with valuable information during my survey.

Date:

Place:


4/18

Certificate

This is to certify that Miss.RANGAMMA.G has completed

project work entitled HOME LOANS in State bank of India,

Main Branch, Bellary as a partial requirement for the award of

BBM.

This project was undergone for the period of 30 days and a

copy of project report has been submitted to the institution.

H.R. BALA NAGARAJ,MBA, LLB (Spl)

HEAD OF THE DEPARTMENT

S.G.T COLLEGE, BELLARY


5/18

CERTIFICATE

This is to certify that the Ms. Rangamma. G. Student Bachelor of

Business Management of this college has prepared her project report entitled

HOME LOANS IN STATE BANK OF INDIA, MAIN BRANCH,

BELLARY. Under my guidance is partial fulfillment of the requirement

for the award of Bachelors Degree in Business Management of Gulbarga

University, Gulbarga.

Place: Bellary

Date:

Mr. R.H.Guruprasad Babu. M.B.A, M.Phil

PROJECT GUIDE

SGT College, Bellary.


6/18

EXCUTIVE SUMMARY

Purchasing and moving into a dream house would generally rank among thetop three things on the wish list of most people.

Finance is referred as the provision of money at a time when it is require.

Every enterprise needs finance to carry on its operations and achieve its

targets. Finance is so indispensable, therefore it is defined as life blood of

an enterprise without adequate finance no enterprise thinks of its existence.

The study entitled Home Loan is aimed at knowing the concept of Home

Loan to learn the important features like eligibility, documentations,

disbursement, interest rater, EMI etc.

A few decades ago finding a bank for financing Home Loan was not so

easy. But now taking a home loan has become very simpler.

Earlier the Home Loan sector in India was solely dependent on nationalized

and public sector banks, but the entry of public sector banks into the Home

finance business marked the beginning of the first round of interest rates

cuts. And this reduction in interest rates has enhanced the borrowing power

of customers. Moreover, HFCs are offering incentives to attract investors


7/18

like, without taking pre-requisite for eligibility, free insurance, low interest

rates and waving of processing fees etc.

SBI Home Loan is one of the most simple and customer friendly Home

Loan across India. The Home Loan offers many facilities to the customer

that help them materialize their dream Home plans better. The SBI Home

Loan comes with attractive packages and exclusive benefits.

The bank offers some unique SBI Home Loan facilities like free personal

accidental insurance cover and optional group insurance form SBU Life.

The SBI Home Loan offers you the facility to club your income with the

income of your spouse and children to get the maximum loan amount.

You can also club the expected accountable rent from the mortgaged

property to get the correct loan amount. There are special facilities for the

teachers, government employees and for the employees of public sector oil

companies. Attractive EMI facilities and application of interest in the daily

diminishing balance basis make the SBI Home Loan more desirable.


8/18

HOME LOAN IN SBI

Introduction

Owing a piece of land or property is a lifetime dream for every individual. There

are many Home Loans provider in the market to make your dream come true.

But before opt for any home loan provider, need to consider certain factors related

to property that interested in buying and also about the salient and also stud

some home loans in applying a home loan in India. Purchasing and moving into a

dream home would generally rank among the top three things on the wish list o

most people.

A few decades ago finding a bank for financing Home Loan was not so easy. But

now taking Home Loan has become very simpler. The RBI has been regularly

stashing interest rates, with the result that Home finance loans that came at an

interest rate of 16.5% to 18% four years ago are now available at 11.5% to 13%

or lower. Each year the finance ministers generosity during the budget seems to

be slowly concentrated for the Home sector and construction sector.

In their quest for attracting more and more customer for Home Loans most of the

banks have sanctioned loans without taking applicants capacity to repay loan into

consideration. The result: banks have to initiate legal process under securitizatio

act. To avoiding legal complication a few private banks have embarked on to

create awareness among the prospective application for Housing Loans.


9/18

HOME LOAN IN SBI

Introduction

Owing a piece of land or property is a lifetime dream for every individual. There

are many Home Loans provider in the market to make your dream come true.

But before opt for any home loan provider, need to consider certain factors related

to property that interested in buying and also about the salient and also stud

some home loans in applying a home loan in India. Purchasing and moving into a

dream home would generally rank among the top three things on the wish list o

most people.

A few decades ago finding a bank for financing Home Loan was not so easy. But

now taking Home Loan has become very simpler. The RBI has been regularly

stashing interest rates, with the result that Home finance loans that came at an

interest rate of 16.5% to 18% four years ago are now available at 11.5% to 13%

or lower. Each year the finance ministers generosity during the budget seems to

be slowly concentrated for the Home sector and construction sector.

In their quest for attracting more and more customer for Home Loans most of the

banks have sanctioned loans without taking applicants capacity to repay loan into

consideration. The result: banks have to initiate legal process under securitizatio

act. To avoiding legal complication a few private banks have embarked on to

create awareness among the prospective application for Housing Loans.


10/18

Table of contents:

Page no.CHAPTER-1:

INTRODUCTION...................................................................... 1

TITLE OF THE STUDY 2

OBJECTIVES OF THE STUDY 2

METHODOLOGY. 3

LIMITATIONS.. 3

CHAPTER-2:PROFILE OF REGION UNDER STUDY 4-8

INDUSTRY PROFILE.. 9-12

COMPANY PROFILE.. 13-21

CHAPTER-3:

CONCEPTUAL FRAMEWORK OF HOUSING LOA.. 22-35

RBI NORMS TOWARDS HOUSING LOAN .. 36-43

CHAPTER-4:


11/18

CREDIT APPRAISAL 44-45

HOUSING LOAN PRACTCIES IN SBI 46-73

CHAPTER-5:

DATA ANALYSIS AND INTERPRATION.. 74-79

CHATER-6:

FINDINGS 80-81

SUGGESIONS. 82

CONCLUSION 83

BIBLIOGRAPHY

CHAPTER-1

INTRODUCTION

TITLE OF THE STUDY

OBJECTIVES OF THE STUDY

METHODOLOGY

LIMITATIONS


12/18


13/18

CHAPTER 2

PROFILE OF REGION UNDER STUDY

INDUSTRY PROFILE

COMPANY PROFILE


14/18

CHAPTER-3

CONCEPTUAL FRAMEWORK OF

HOME LOANS

RBI NORMS TOWARDS HOUSING

LOANS


15/18

CHAPTER-4

CREDIT APPRAISAL OF HOME LOAN


16/18

HOME LOAN PRACTICES IN SBI


17/18

CHAPTER-5

DATA ANALYSIS AND INTERPRETATION


18/18

CHAPTER-6:

FINDINGS

SUGGESIONS

CANCLUSION

Documents

Project on Sbi Home Loans