Unlock the doorway to dream | Plan for it rates from 8.50%* p.a
Get the key to your dream home with Home Loans. With a 8.50% floating interest rate, Minimal processing fees and a host of other benefits, it’s the fastest way to get up the property ladder.
Be it a new home you are planning to buy or waiting for your handover, take Advantage of affordable EMIs and longer tenors with a limited period offer on Our Home Loans
All features
*Terms and conditions apply
We can help you build the home
Of your dreams
The Bank reserves the right to alter or amend the above anytime at its sole discretion
Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.
Maximum age of applicant at loan maturity: 60 years
Minimum Net Monthly Income: Rs 15,000
Applicant should have the bank specified credit score.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
Buy your home wisely.
It is important to evaluate the variable rate before selecting your Home Loan.
When financing your home, it’s tempting to go with the lowest possible interest rate. However, it’s worth noting that most advertised rates are fixed for a short intro period. Evaluating the variable rate which includes both the base rate and margin after the fixed intro period can help you make a balanced decision. Your financial evaluation and property selection should be based on a variable rate rather than the lowest fixed rate offered for a short intro period. This insight will enable you to make practical decisions that will help you in the long run.
For more honest advice on buying a home, get in touch with us.
Buy your home wisely.
A higher down payment on your home now means lower total payments on your home
Loan to value (LTV) is a financial term used by lenders to express the ratio of a loan against the value of the home. While it’s tempting to apply for the highest LTV, it is advisable to pay a higher down payment and opt for a lower LTV, this helps in ensuring that future payments are manageable and also helps you save up money for other unforeseen and unavoidable circumstances. It can also help make a self-funded loan through rental income without having any burden on your disposable income. It also gives you immense flexibility to move for a better offer or pricing in case another bank is offering lower rates than your current home loan.
For more honest advice on buying a home, get in touch with us
Buy your home wisely.
What you buy is important. Where you buy is even more so. That’s why the first rule of real estate is: location, location and location. Carefully consider things like the developer, the neighbourhood and the distance to amenities like shops, schools and parks. These factors will not only help you live more comfortably but will have a big effect on your property’s sale and rental values in the future.
A shorter tenor will result in less overall interest paid. When buying your home, don’t stretch your financial commitment by unnecessarily extending your mortgage tenor. Although you will reduce your instalments which makes you eligible for a higher loan, you will end up paying more interest overall, making your home more expensive to own in the long term. compared to a 25-year tenor, a 20 year home loan is 29% cheaper and 15 year home loan is 77% cheaper on an overall interest paid basis. For more honest advice on buying a home, get in touch with us.
An independent valuation of the property is mandatory by the bank’s empanelled valuators. The finance amount is calculated by the lender based on the valuation amount provided by the valuator. In some cases, the valuation price can be lower than the sale price which essentially means lesser financing and a higher down payment. In order to avoid such a situation; one must include an exit clause in the MOU to mitigate such risk which could also protect the buyer from losing their initial deposit in case the buyer falls short of the expected financing amount. Market value ascertained by the valuators excludes transfer, brokerage fee, and removable of goods and furniture.
Now apply for a Car Loan online, All you need to do is provide your details below application form.
