For the convenience of our customers we advice and arrange for the HOME LOANS facilities with analysis and rate comparision with better add-ons from most of the Banks such as ICICI, HDFC, HSBC, StanChart, SBI, Kotak Mahindra, GE Countrywide and many other Banks and Institutions that comfort you with power of your affordability and preferences of tenure, pre-payment options without any extra charges and best rates.
What is more we give surety to provide you every sort of flexibility, which the Banks offers in up to date market without any kind of botheration that usually one has to go through especially on loan related matters and their various testimony, during BUYING, SELLING AND RENTING property.
To avail our facility of HOME LOANS kindly let us know your description
Some of our
Esteemed Clients
WIPRO
CITICORP
AUTOMART INDIA
UTI
HDFC
ICICI
BPL
HLL
SBI
TCS
AIRTEL
RELIANCE
E-SERVE
Areas Covered
Bandra
Khar
Santacruz
Vile Parle
Juhu
Jogeshwari
Goregaon
Andheri
Malad
Kandivli
Borivali
Vasai
Home Loans From
HOUSING LOANS
How much housing loan can one get?
Housing loan will be sanctioned depending upon your repayment capacity and according to your income. Your spouse's income can be included, if you want to increase the amount of your loan. The maximum loan that can be sanctioned varies with housing finance companies and ranges from Rs. 10 lakh to Rs. 1 crore.
What are the tax benefits that are available if one avails of housing loan?
Tax benefits are available on both the principal and interest components of the loan as per the Income Tax Act. The upper limit of the amount of deduction of interest repayment allowed from your gross total income is now Rs. 1,50,000 p.a. Besides, Sec. 88 offers you tax benefits for principal repayments. The principal repayment amount included in the overall limit of Rs. 60,000 offered by this section is Rs. 20,000.
What is reducing balance?
Reducing balance is the method of reducing the principal amount already paid, from the outstanding loan amount. Every time you make a payment, you pay interest on that part of the original principal sum that has remained un-repaid till then.
Which loan is cheaper the monthly reducing balance or the annual reducing balance?
The best way is to compare the EMI's and the tenures of the two home loans. The loan carrying the lower EMI for the same tenure is the cheaper option.
What is a fixed rate home loan?
A fixed rate home loan, is a loan where the interest rate is constant over the entire tenure of the loan tenure.
What is a floating interest rate?
A floating interest rate loan, is a loan where the interest rate payable is linked to the market rate like the bank lending rate. As the bank rate varies, the interest rate payable by you will also rise and fall. Hence you will have to bear the risk of interest rate fluctuations, the floating interest rates offered are slightly lower than the fixed interest rates.
What is a Home Extension Loan?
A Home Extension Loan is a loan which helps you to meet the expenses of any alteration like extension / expansion or modification of your home. You can avail of a Home Extension Loan, after obtaining the requisite approvals from the Municipal Corporation.
What is Home Improvement Loan?
A Home Improvement Loan is one that is made available for you to do certain external work like structural repairs, waterproofing or internal work like tiling and flooring, plumbing, electrical work, painting etc.
