What all to check while taking a Home Loan
Home Loan is most popular in category of loans that we seek from Banks/NBFCs while purchasing our dream home. The loan is available at less rate of interest comparatively other loans line personal loan or business loan. The simple reason, home comes under the basis necessity for everyone and to ensure homes for everyone government also encourage the system through relaxations in taxation.
Advantages of Home Loan to consumer -
- Low rate of interest comparative to other loans
- Tax benefits from the government (up to defined limit in taxation clause)
- Longer period to pay back available
- Flexibility to pay back early without any extra charges
Check points while selecting the right bank to avail home loan - We need to understand the basis on which we should select the right bank to take home loan –
- Rate of Interest: Check the prevailing market rate of interests and choose the lowest.
- Processing fee: Keep a check on processing fee, what % of loan is being charged.
- Foreclosure charges: Check the rules of bank, what is permissible limit of amount.
- Customer services: See how prompt the bank is once the disbursal has happened.
Top 10 Home Loan providing Banks/NBFCs in Noida
- State Bank of India Home Loans
- Punjab National Bank Home Loans
- Bank of Baroda Home Loans
- Canara Bank Home Loans
- Bank of Maharashtra Home Loans
- HDFC Bank Home Loans
- ICICI Bank Home Loans
- Axis Bank Home Loans
- Kotak Bank Home Loans
- Bajaj Finance Home Loans
Why Choose LoanzCart?
LoanzCart is the right choice for those who want to get the best deal on their home loan offer. We work as a bridge between the banks and customers ensuring a smooth customer journey in terms of hassle-free documentation, quick loan approval, desired loan amount sanction and smooth disbursal.
Contact LoanzCart:
- Website: https://loanzcart.com/
- Phone: +91 9625964055
- Email: info@loanzcart.com
