Women of this town are the top in taking loans..!?

Sowmiya Sriram
Women of this town are the top in taking loans..!?

Taking a home loan has become a major habit among people over the past few years. Many people think that living in their own house by taking a loan is more satisfying than living in a rented house. In this situation, in the last few years, women have come forward to take home loans in large numbers, according to a special report. A report released by sbi has said that women will account for the largest share of home loans in rural areas in the first quarter of 2022.
In particular, the report stated that 45 percent of home loans were taken by women in 20 districts of Gujarat, haryana, and Chhattisgarh. women accounted for the largest share of new home loan disbursements in the first quarter of 2022. In the 20 districts of Chhattisgarh, Gujarat, and haryana, an average of 49 percent of women have taken home loans. In the Dhang district of Gujarat, 86 percent of women have taken home loans.
According to the report, the total housing loan has grown by more than 10 percent this year, and people in Tier 2, Tier 3, and Tier 4 districts have taken more housing loans than Tier 1 districts after the pandemic. The share of housing loans in total bank credit has increased from 13.1 percent in 2020 to 14.4 percent in 2022.
It is also worth noting that housing prices have increased significantly in smaller cities than in larger cities. In particular, house prices increased by 13% in Visakhapatnam, 15.7% in Guwahati, 19.1% in Raipur, 11.2% in Surat, and 12.6% in Vadodara, 9.6% in Jaipur, and 17.7% in Coimbatore, the report said.
SVAMITVA scheme is also one of the reasons for the increasing demand for home loans in rural districts. According to the report, home loan disbursement is increasing rapidly in more districts in haryana and Uttar Pradesh, where the scheme already covers several villages.
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