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Published in:

Volume 5 Issue 12
December-2018
eISSN: 2349-5162

Unique Identifier

JETIRP006059

Page Number

257-263

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Title

A Study On The Level Of Satisfaction Of Borrowers Towards Educational Loan With Special Reference To Ut Of Puducherry

ISSN

2349-5162

Cite This Article

"A Study On The Level Of Satisfaction Of Borrowers Towards Educational Loan With Special Reference To Ut Of Puducherry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 12, page no.257-263, December-2018, Available :http://www.jetir.org/papers/JETIRP006059.pdf

Abstract

This paper aims to measure the borrower’s level of satisfaction in relation to accessibility of educational loans. A well-structured questionnaire is used to collect the data. Several statistical tests such as factor analysis, cluster analysis, discriminant analysis and correspondence analysis are used to explain the findings of this study. The study finds that the level of satisfaction is quite high among the borrowers. However, the study reports that borrowers face certain constraints such as; total amount received, time taken for the sanction and disbursement of loan, lack of transparency, lack of proper disclosure, revising rate of interest in the near future, proximity of the bank and adherence to the borrower’s rights act. More importantly, among these concerns, time taken for sanctioning and disbursement and the repayment schedule proposed with terms and conditions as the key areas of dissatisfaction among the borrowers of educational loans. The implications of the finding are discussed.

Key Words

Education loan, students, borrower’s satisfaction, repayment schedule, loan processing.

Cite This Article

"A Study On The Level Of Satisfaction Of Borrowers Towards Educational Loan With Special Reference To Ut Of Puducherry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp257-263, December-2018, Available at : http://www.jetir.org/papers/JETIRP006059.pdf

Publication Details

Published Paper ID: JETIRP006059
Registration ID: 192695
Published In: Volume 5 | Issue 12 | Year December-2018
DOI (Digital Object Identifier):
Page No: 257-263
ISSN Number: 2349-5162

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Cite This Article

"A Study On The Level Of Satisfaction Of Borrowers Towards Educational Loan With Special Reference To Ut Of Puducherry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp257-263, December-2018, Available at : http://www.jetir.org/papers/JETIRP006059.pdf




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