HOME LOAN COMPARISON STUDY IN PUBLIC AND PRIVATE SECTOR BANKS

HOME LOAN COMPARISON STUDY IN PUBLIC AND PRIVATE SECTOR BANKS

Mrs. MALASRI.R, M.Com(CA),M.Phil,PGDCA,-Author

Research Scholar of Department of Commerce

Government Arts College ,Udumalpet.

Dr.D.Vijayakumar- M.Com,M.Phil,M.Com(CA),B.Ed,PhD-Co-Author

Assistant professor of Department of commerce

Government Arts College, Udumalpet

ABSTRACT
Every person's introductory need is a place to call home. It functions as a place for families to live. Numerous people invest in buying a property since it's a introductory necessity and will be useful in the future. Still, it's relatively delicate moment for middle- class families to buy a house since they cannot go it. Thus, the government has made a house loan option available to everyone at a lower interest rate for their convenience. A casing loan is basically a loan used to buy a house, with the borrower making yearly payments at a specific interest rate. The interest rate is the crucial element of a loan. The primary pretensions of this comparison study are client satisfaction and the house loan operation process in banks serving the public and private sectors.

Keywords: Mortgage, Interest rate, and fiscal institutions.