1. Are you Choosing the Right Home Loan Policy ?

2. “Planning to buy your dream home”
“Do I have enough finance to buy new house, else how can I arrange the finance ”

3. Should I go for Gold Loan ? Should I go for Mortgage Loan ?
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OR Should I go for Home Loan ?

4. Can Gold Loan suit my need?
Gold Loan – which will help me to draw immediate cash by keeping my gold ornaments and jewelry.
Interest Rate for Gold Loan – 12%- 16% per annum.

5. Can Mortgage Loan suit my need?
Mortgage Loan – Which will help me to have finance by keeping my land or property as security at bank and borrow the money.
Interest Rate for Mortgage loan – 13% - 14% per annum.

6. Can Home Loan suit my need?
Home Loan – The most preferred finance scheme. This is mainly because banks provides : -
Low interest rates
Maximum amount
Maximum tenure
Low EMI amount
No prepayment charges
Low or free from processing fee
No additional charges
Easy guidelines and very little security involve.
Interest Rate for Home loan – 9% - 10% per annum.

7. Home Loan Eligibility.
Home loan eligibility is decided by customers repayment capacity .
Repayment Capacity Based on Factors Such as : -
Income,
Age, qualifications
Number of dependants,
Spouse's income
Assets, liabilities, stability and continuity of occupation and savings history
Usually calculating monthly instalments is quite a challenge for loan borrowers. Tools such as a home loan Emi Calculator make it easier to calculate the equated monthly instalment amount.

8. Best Home Loan Providers
A customer who is trying to find the bank/institute offering the best home loan should look for banks like…
SBI Bank
HDFC
LIC Housing
Axis Bank
ICICI Bank
IDBI