An analytical study on the potential investors' perceptions towards reverse mortgage loan in Navi Mumbai Region of Maharashtra State Online publication date: Mon, 09-May-2022
by Amee Nagar; N. Mahesh; Krishna Kant Dave
International Journal of Indian Culture and Business Management (IJICBM), Vol. 25, No. 3, 2022
Abstract: The reverse mortgage loan scheme is a wondrous income option for 'cash poor and home rich' senior citizens during their old age days. The current Indian demographic and socio-economic changes will increase the demand for the product in the next few years. The present study is to identify and understand the Indian potential investors' perception regarding the financial benefits and virtues of reverse mortgage loans in the Indian market scenario. After a decade since inception, Indians are unable to build an explicit opinion about the product. Their major apprehension is of losing the property at the end, which is leading to feeble perception towards the scheme. To make a successful product, the policymakers, and the loan providers should show a broader picture to the potential investors, and the potential investors should grab this opportunity to understand the product. This will be helpful for them to live their post-retirement life independently.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Indian Culture and Business Management (IJICBM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook