“A Study of Credit Appraisal of Hdfc Home Loans”

The whole research is about the study of credit appraisal of home loans. The procedure of appraising the loan. How they appraise, what are the documents they required, what should be the CIBIL score of that individual who is seeking for loan, what are all that formalities they need to do for appraising the loan. In the research, problems found that the file put on hold just because of missing documents which are not provided by the customer. Otherwise, if the customer is eligible for loan and provide all the required documents on time then credit manager approved the loan as soon as possible.

The loan appraisal is most of the time depends upon the ratios like Loan to cost Ratio, Instalment to income Ratio, Fixed obligation to income ratio.

HDFC Ltd. Having good brand image in the minds of the Customers. It Provide good services to their customers. HDFC Ltd. Biggest competitor is INDIA BULLS. The whole research was carried out in a systematic way and it takes very less time to study and analyse the file of a customer, whether he/she is eligible for taking loan or not. The Credit analyst just have to ensure whether the person have existing loan or not. If yes, then whether he is paying the instalments on time or not. If not then how could he pay the instalment for our home loan? On the basis of profile also one could become eligible or loan like if the customer applies for the loan amount for which he can't be eligible and he/she is working in the well-known company and have many promotions in frequent time or have a good position in that company then loan would be provided, only the documents would be required for the same.