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Showing posts from August, 2020

How To Get Low Indiabulls Home Loan Interest Rates?

With increasing inflation and poor economic conditions due to COVID-19, the home loan interest rates have been increased. If you want to have an affordable Indiabulls Home Loan Interest Rates first, you should meet the eligibility criteria for the home loan. Because it’s the basic thing which one has to meet to borrow a home loan. Because if you aren’t eligible for it the loan request gets rejected. In this post we will highlight a few pointers by which you can reduce your Indiabulls Home Loan Interest Rates. So, read this article to find out more about it. Calculate the EMI Amount If unfortunately, you do not get the desired Indiabulls Home Loan Interest Rates, don't worry because you can still manage it in your budget with the help of Indiabulls Home Loan EMI Calculator . This tool brings you an approximate EMI amount as per your home loan details. To use Indiabulls Home Loan EMI calculator follow the below steps. Visit Indiabulls Housing Finance official website You will see In

HDFC Home Loan Eligibility According To Different Incomes

Home Loan is one of the most popular products among customers. The reason: real-estate prices are really high and people cannot afford to pay the full price in one go. That’s why they opt for Home Loan at affordable interest rates. Banks, NBFCs, and HFCs provide pocket-friendly home loans to customers. One of the leading Home Loan providers is the HDFC Bank that provides affordable home loan facilities. But there is this common question among individuals when going for a Home Loan - ‘What will be the maximum HDFC home loan amount?’ Or ‘What is the Eligible HDFC Home Loan Amount for them?’. Well, the answer to both of these questions lies in understanding the importance of Gross Monthly Incomes of individuals. As you know that a home loan can be taken by both salaried and self-employed individuals. Before sanctioning the loan amount, HDFC Bank checks the monthly income of the applicant to have an estimate about the repayment capacity of the individual. The chances of having a higher re

How To Choose Lowest Home Loan Interest Rates in India?

If we were to list down some most popular loans in India, a Home Loan would certainly come in the top three contenders. The reason: people like to opt for a home loan so that they can buy their dream houses. But there is an important thing which every individual should keep in mind that it is important to choose the lowest home loan interest rates to reduce the burden on your pocket. When you choose the low-interest rates, the repayment amount would be lower as compared to higher interest rates. Several lenders provide a home loan to customers at affordable interest rates. But why is it so important to choose the lowest home loan interest rates? Home loans are generally considered to be high-ticket purchases and taken for a long period of time usually 15 to 30 years. So, during this period, if you choose a high-interest rate, you will end up paying a huge interest amount. In this article, we will be telling some of the amazing methods by which you can choose the affordable home loa

Why is Bank Of India Home Loan The Best To Bet On?

Planning for a house isn’t easy. You need financial support that can manage your cost for purchase, construction, renovation, etc. There is a lot of work involved in the process of a home purchase. First, you need to find the desired property, pay a down payment for it to reserve it, so non one else gets your deal. After which you need a lender that can provide you a lump sum fund. And Bank of India is a suitable lender for you? Why Bank of India? Because the bank has been serving 1,000 customers. And with its services, many can achieve their dream. So, if you want to buy a house, apply for Bank of India Home Loan . Read the article to know more about the home loan. Who is Eligible for a Bank of India Home Loan? Salaried employees, Self-employed Professionals, and non-professional persons can borrow a home loan from the Bank of India. Also, NRIs (Non-Resident Indians), PIOs (Persons of Indian Origin), HUF (Hindu United Family) can borrow Bank of India Home Loan. The individual should

How To Use LIC Housing Finance Home Loan For House Construction?

LIC Housing Finance Limited offers home loans to salaried, self-employed and pensioners as well. LIC Housing Finance home loan interest rates start from 6.90% per annum, which is the lowest home loan rates in India. LIC housing finance company offers home loans for home construction, home purchase, plot purchase or home improvement. You can also get interest concessions on LIC Housing Finance home loan if the borrower is women. The loan amount which you can borrow under the LIC housing loans are from INR 1 lakh, read the article to know more about it. LIC Housing Finance Home Loan Features and Benefits Different type of loan schemes You can borrow a LIC Housing Finance home loan as per your need. Because the housing finance provides different types of home loans to customers such as LIC Home Loans for Resident Indians, LIC Home Loan for Non-Resident Indians, LIC Home Loan for Pensioners and LIC PMAY – Credit Linked Subsidy Scheme. You can choose from the options to borrow funds fo

Home Loan With Low Interest Rates

There are several lenders in India that provide home loans to individuals. By borrowing a home loan at a low-interest rate, means it is affordable for you. So many individuals try to get a low rate of interest on their home loans because they want to make their loan repayments smoother. To amend this problem, there are banks and housing companies which provide home loans to customers at an attractive rate of interest. In this article, you will know about some of the top lenders for a home loan in India. This article will also give you insights to choose the best lender for your home loan. So, read and know more. Why Low-Interest Rate Home Loans? A home is close to an individual heart and many people invest their all savings in it. Because you need a large sum of money in order to buy a home. When you borrow money from any of the lenders whether it’s a bank or financial company, they usually charge a certain interest rate on your borrowed amount. It’s important you choose the low-inter

Do Home Loan Interest Rates Affect Your Repayment Amount?

Home Loan is one of the most popular financial products among the customers. The reason behind this is the soaring prices of real estate. There are so many individuals that cannot pay the full home loan price in full installment. This factor hinders in the home purchase process. That’s where a Home Loan comes into the picture. Lenders provide the required loan amount at affordable home loan interest rates . There is an important question related to the Home Loan Interest rates that people often ask - How does the interest rate affect my repayment amount? The reaso n behind th is question is that when an individual takes a home loan, the lender provides a fixed tenure within which you need to repay the amount. Most people opt for the EMI method. Through this method, an individual needs to pay a fixed amount per month that will include a fixed portion of principal amount and interest amount. In this article, we will be telling you about how do Home Loan Interest Rates affect your Repayme