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Home-Loan

“Simplified & Secure Solutions”

Own home is always a dream of every person even a businessman or salaried person, but family expanses and price of the property the price of property is going up every day so this is almost impossible to save money and buy home from that money, in that case home loan helps you to fulfill the dream of “own home “Home loan can be used to buy plot and construct as per your need and budget, resale property, under construction house and flat. we assured pleasant journey “ right from applying for a loan till you pay last installment of your loan” we are the only company who take care of their clients not only for loan but also assist them for property search, registration of the property, pre payment , NOC issues, and property papers transfer.

Lets have glance on the above graph - If a person takes a home loan of Rs 6,00,000/- at normal 10.5% interest rate for 15 years tenure, the EMI would stand Rs 6,632/- Whereas, if a person leverages PMAY scheme, and avails home loan at subsidized rates, the EMI would stand Rs 4,050/- a month. Savings of around Rs. 2000! However, if the loan amount exceeds Rs 6 lakh, the excess amount will fall under the bracket of normal market interest rates. So, If a person availed Rs 10 lakh as loan amount, subsidized 6.5% interest rate would be applicable only on Rs 6 lakh. And the remaining Rs 4 lakh balance would fall under the bracket of normal home loan at market rates.

Feature of Home Loan are:-

  • Tenure for repayment is up to 25 years.
  • Location -

    The location of your property should fall under 4041 Statutory towns (meaning all places with a corporation, municipality, cantonment board). This should be according to 2011 census. Download the list of 4041 statutory towns.

Purpose :-

Purchase of house / flat
Purchase of a plot and construct as per requirement
Extension/ repair/ renovation of your own existing House/ Flat
Purchase of Furnishings as a part of the project cost
Takeover of current home loan from other Banks/ Finance Companies.