Declaration:

I studying in T.Y.B.M.S Course in the academic year 2013-14 at Vidya Prasarak Manadal R.Z.Shah college Arts, Commerce, Science, Mulund (East) here by declare that I have completed the project titled HOME LOAN WITH PREFERANCE TO DHFL as a part of the course recquiremts of B.M.S of University of Mumbai.

I further declare the info presented in this project is true and original to the best of my knowledge.

Acknowledgement

A successful project can never be prepared by the single effort or the person to whom project is assigned , but it also demand the help and guardianship of some conversant person who helps in the undersigned actively or passively in the completion of successful project.

With great pleasure I express my gratitude to our B.M.S co-ordinator prof. Shruti and project guide Prof. Sujata without their help this would not have been completed. They have given their precious suggestions and constructive guidance has been indispensable in the completion of this project work.

I would also like to thank the staff of the VPM S’ COLLEGE. They have supported me in this endeavor, and appreciated me in my efforts during my project.

Last but not the least I would also like to thank my friends and all the responded. Who directly and indirectly supported to me during my project work, without the help of whom this project would not have been possible.

CHAPTER: - 1 GLOBAL VIEW OF HOME LOAN
History of home loan in medieval period Before discussing history of loan, let us understand what is exactly meant by the term ‘loan’.
Loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. In a loan the borrower initially receives an amount of money, called the principal amount, from the lender and is obligated to pay back on repay an equal