A Must Read for Home Loan Borrowers

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Home Loan

Home Loan

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Home Loans are offered depending on the market value; financial institutions give main evaluation or the registration value of the property. Obtaining various kinds of home loans to match your personal needs with the lowest interest rates & easy funding can now meet the need for a house of your own.

Home loan is not a one-time decision; Evaluate the market regularly before availing home loan. These days, there are endless numbers of home loan providers in India seeking to give out Home loans to you. Given this situation, it seems easy getting yourself a bank loan. But is it really?

Customers tend to make mistakes while entering into home loan deals, which may not be in favor for them, so it is always better to compare all the variables before signing a home loan agreement by different banks. However, the home loan agreement should be finalized only after carefully reading the terms and conditions.

You can Apply for Housing Loan even before you choose your property. The loan amount would be sanctioned or approved for you, based on your pay back ability.

Unique Features of Home Loan:

  • Purpose: You can avail home loan for the purchase of a house from builder or re-sale and construction of house / extension of existing house.
  • Loan amount: You can avail Home loans ranging from Rs.2 lakh to Rs.200 lakh depending on your eligibility, income and pay back ability.
  • Security: Home loan is a secured loan wherein security is needed.
  • Loan tenure: The maximum loan period is 25 years.                

                                                                                                           

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Leading Home Loan Providers (Click to Apply)

Axis Bank Home Loan

HDFC Home Loan

SBI Home Loan

Citibank Home Loan

Other Banks

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