PROBLEMS AND PROSPECTS OF HOMELOAN IN PRIVATE SECTOR BANKS

PROBLEMS AND PROSPECTS OF HOMELOAN IN PRIVATE SECTOR BANKS

Mrs. P. Shanthi M.Com., M.Phil  (Reseaech Scholar)

Chickkanna Govt. Arts College, Tiruppur-02.

Assistant Professor, Department of Commerce, ST. Joseph’s College for Women, Tiruppur.

Dr .P. Venugopal

Associate Professor, PG and Research Department of Commerce

Chickkanna Govt. Arts College, Tiruppur- 02.

ABSTRACT

In this paper an attempt is made to identify that there are key difference in the actual purchase of the consumers of housing loans of public sector banks, private sector banks and new generation public sector banks. As regard with the important product traits are concerned, litheness, processing fees, processing period and interest rates plays a vital role in all the three types of banks. Majority of the Customers prefer and avail their housing loan from Public and Private Sector bank. The customers visit and avail the housing loan in meager amount from new generation public sectors bank. The main objective of this study is to find the customer preference for housing loan from three categories of banks using summary statistics and Chisquare test.

Keywords: Public Sector Banks, Private Sector Banks, New Public Sector Banks, Summary Statistics and Chi-square Test.