Owning a home in a new city offers you and your family a sense of security and stability. Having your own home in a particular city makes you feel attached to the city and gives you a feeling of belongingness. It means you could paint your walls with colours of your choice, adorn your home as per your taste and attach permanent fixtures. Buying a home in a new city could be an exciting and fun experience. But finding your dream home is only one step in the entire process. Selecting the appropriate home loan is just as crucial.
Saving up to pay the entire value could take years. However, with a housing loan, you could achieve it much earlier. Identifying the right lender who can provide you the loan which you require can be an intimidating task as there are several banks and financial institutions operating in this space. The rate of interest, processing fees, eligibility criteria and other factors are the key to selecting a home loan. Start your search for a home loan by evaluating the offerings in the following manner.
Whether you are buying a home for the first time or making another investment – Indiabulls Home Loans provides the right home loan as per your needs. The premier home loan provider offers host of features which makes buying a home much easy and convenient. Some of the key offerings include:
Hassle-free process – Indiabulls Home Loans offers hassle-free application process with quick turnaround time. With Indiabulls e-Home Loan facility, you can easily avail a home loan in just 3 steps. All you need to do is to apply for a home loan online, get the loan sanction letter online and finally get disbursement of the loan on confirming the property online.
Easy eligibility check – You could easily check your eligibility just by keying in few of your details in an online form. With this, you could check the home loan eligibility on the go with just a click.
Attractive rate of interest – Indiabulls Home Loans offers extremely feasible home loan interest rates. With 8.40% rate of interest, one could also be eligible for interest subvention according to (Pradhan Mantri Awas Yojna) PMAY guidelines.
Faster Approval – With Indiabulls Home Loans, your loan application approval is fast tracked with features such as e-KYC, e-Upload, e-Sign, etc. Also, there’s no requirement for tedious paperwork.
Transparency – You can complete the end-to-end home loan process at your own convenience – anytime, anywhere. For helping you to plan your finances, it is recommended that you calculate your EMIs which you would pay monthly throughout the tenure of the loan. For calculating your EMIs, you could use Indiabulls Home Loans EMI Calculator.
Flexible Payments options – Indiabulls Home Loans also provides you the convenience of repayment options. They provide loan tenure as per your requirements.
Home loan tax benefits – If you’re wondering how to save tax, with Indiabulls Home Loans you also get tax benefits under the provisions of the Income-tax Act. The principal amount together with the interest component can be claimed as a deduction from your income subject to limits provided under the Income Tax Act, 1961.
The housing market in India has seen several changes over last decade. Property prices have risen sharply. And due to high home prices, home loans have become inevitable. If you’re planning to buy a new house you must take your time to find the best home loan. Once you have zeroed down on the property of your choice and finalized the home loan, you’re on your way to your new home.
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