What is a Home Loan?
A Home Loan is a loan taken to buy a plot of land or property and construct a house on it or to buy an already constructed house or apartment or to renovate your home or to construct something new as an extension on existing house.All major Bank and NBFC Provide Home Loan in Gurgaon.
Who is Eligible for a Home Loan?
You are eligible for Home loan if you are
What will be the maximum amount and the rate of interest of home loan you can avail?
With us, you can apply for a loan starting at Rs 2,00,000. The maximum amount you can apply for is Rs 100,000,000 by mortgaging your home as collateral.
How much EMI do you have to pay?
The EMI that you pay depends upon major of three factors the principal loan amount, the interest rate charged and the period for which the loan is taken and all these three factors depends upon your credit score, standing in the business or profession, turnover, business stability, income and other loans if any.
Home Loan Balance Transfer and Top-upy?
A Home Loan balance transfer facility can be avail by the customers who already have a running home loan with another financial institution and when they avail that loan at that point of time may be the interest rate is higher and now the rate gets lower and that customer want to take the benefit of lower interest rate. Lower interest rates help you to reduce your existing EMI.
Balance transfer of Home Loan not only reduces the existing EMI but also helps the customer to take below mentioned benefits
Government Scheme - Pradhan Mantri Awas Yojana 2017
We at Finheal.com are enthused by the government's initiatives to encourage lower income borrowers to get home loan and own their dream home. The government has notified that borrowers whose income is less than Rs 6,00,000 per year would be given home loans at a concessional rate of 4% under the Pradhan Mantri Awas Yojana 2017. We help people from this segment to get their dream home and take benefits under this government scheme from Banks and NBFCs.