RESEARCH METHODOLOGY

 The research based will be Descriptive Research.

Type of data:
 1. Secondary data

 Secondary data:

 The major source of secondary or supporting data will be internet.

 Using this data measurement technique, information was collected by personal

interviews.

 Secondary data was collected through company websites, discussions with

company guide.

Sampling Design:

 The research was mainly opted on customer’s survey, adviser’s survey as well
as sales officer’s survey.

 The sample selected for survey was stratified sample. Sample size is
50 Customers..

 Sample Character:

 Respondents are sales officers, and existing customers of IDBI

Federal Life insurance.

 Sampling Plan:

 For Customers:

 Sampling unit: Individuals

 Sampling Method: Non Probability, Convenience Sampling.

 Sampling Size: 50 Customers

  Sampling Method: Non Probability, Convenience Sampling

 Sampling Size: 50 Advisers

 Sampling Plan: Questionnaires

Sample Area: LUCKNOW

 Tools and Technique of Data Collection:

 Personal Interviews:

 Where customers, sales officers and advisers were interviewed personally that
face to face interaction were done.

Questionnaire:

 It is a systematic designed questionnaire is used for collecting Secondary Data .

These data are used for further descriptive

Statement of the problem:

In modern society a house not only satisfies the need of the shelter to man but
also security and pleasure in the society. To have this, one should have the capacity to
purchase or hire or to build their dream home. Since the large part of the population of
middle income groups having the capacity to own a house but lack to gather huge
amount at once. Here comes the role of financial institutions to fund this type of
construction. Nowadays there are so many financial institutions which are providing
housing loans are offering to customers many different kind of schemes as well as terms
and conditions. And it has become complicated to the customers to select proper
financial institution due to stiff competition and global crisis. It is also important to
know what exactly customers want from financial institutions as well as their
experience, taste & preferences. So that, the study on role of Financial Institutions in
providing housing loans for middle class income group has become important.
Methods of data collection

Actual collection of data

Actual collection of data from potential applicants is made from meeting them
personally and got filled the questionnaire.

The actual collection of data from current applicants is done through sending
questionnaire through friends and also by personal meet with the respondents.

Tools used for hypothesis

The tool used to test the hypothesis is Chi-square represented as X2 Chi-square

is used to find the dependency of one variable/s over the other. In this study the
researcher had used Chi-square to test the independency of decision to go for home loan
on tax benefits, low interest rates, convenience by middle-income group in Lucknow ..

Limitations of the study

 The study is restricted to Lucknow only.

 Study focuses on only direct home loan finance and ignores the commercial
home loan disbursement.
 This study was unable to cover the options for potential respondents such as;
housing loan opted for renovation, extension of the property.
 Interest rates mentioned in this study are subject to fluctuations.
 Time and cost limitations

BIBLIOGRAPHY
1. Book Referred :

 “HOUSING LOAN MANUAL FOR MANAGERS, OFFICERS”

 “RESEARCH METHODOLOGY METHODS AND TECHNIQUES”

2nd revised edition, C.R. Kothari, Page No.2, 184, 233.

2. Daily News Papers:

 TIMES PROPERTY – TIMES OF INDDIA

 ECONOMIC TIMES

3. Journals Referred:
 “REALTY PLUS” march 2010, volume 6, issue 4, Page No.58 – 59

 “INDIAN REAL STATE INVESTOR AND HOUSING FINANCE HAND

BOOK” 2010 Bengaluru edition, Page No. 81 – 83

 “REAL STATE REPORTER” March 2010, Page No. 55

4. Websites :

1. www.guide2homeloan.com
2. www.indiahousing.com
3. www.timeofmoney.com
4. www.bharatbook.com
5. www.propertymart.com
6. www.indiahomeseek.com
7. www.inverster_seby.gvt.comm
8. www.1888pressrelease.com
9. www.housingfinance,com
10.www.home@indiainfoline.com
11.www.indianrealestateforum.com/bangalore/