One of India’s most popular real estate portal- Magicbricks is now all set to launch it’s first ever set of home loan services.
Home loan offers brought to you by Magicbricks
The portal has already tied up with various significant banks including India’s largest- the State Bank of India. Other banks in the list include PNB HFL, HDFC LTD, ICICI Bank, Bank of Baroda, Hero Fincorp, Sundaram Home Finance LTD, L&T Housing Finance LTD, IIFL, IDFC First, Cholamandalam, Bajaj Finserv and Federal Bank.
The customers can avail home loans from all 13 of these institutions using Magicbricks’ website.
These services come ahead of the much-anticipated festive season, where almost all financial institutions are eying for more lavish spending on the part of the consumer bringing relief to the lockdown inflicted slowdown. Several banks have put out lucrative offers and even slashed interest rates etc. to enable the same.
Magicbricks home loan services will be laden with online tools and excellent expert advice for its customers. The loan seekers are supposed to fill the online application form, on the company’s website based on which Magicbricks would not only provide them with a comparative assessment of different offers by different banks but would also advise on how to customise best the loan suited the customer’s needs.
Options for hassle-free doorstep pickup of supporting documents, coordinating with banks, EMI calculator and customer assistance till the disbursal of the loan would all be available as part of this new service set to launch in just a few weeks’ time.
Sudhir Pai, chief executive officer, Magicbricks stated that with the interest rates now at an all-time low, the Home Loans service will help home buyers analyse this complicated process and manage budgets smartly. They will be adding many more services to the Property Services marketplace as they move ahead in our journey of becoming India’s first full-stack service provider in the real estate space.