According to the reports and data it has been noticed that the demand of the home loans is dropping down and on the other hand the demand of the education loan is rising up.

Last year due to the glooming economy and a slowdown in the real estate market the home loans demands went down. In comparison to the last year a drop down of over 7,000 beneficiaries has been recorded I Home loans. Experts said that due to the high interest rates charges by the banks, the demand of the home loan has deprived. Most of the banks are charging 11%.

However, education loans disbursed till December 2013 increased by over Rs 1,000 crore in comparison to 2012 in spite of increasing defaulters. For the education loan the banks have reported an increase of 60% in the last quarter of 2013 compared to the same period in 2012.