housing loan in india

5
Housing Loan KNOW EVERYTHING RELATED TO IT

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Page 1: Housing loan in india

Housing LoanKNOW EVERYTHING RELATED TO IT

Page 2: Housing loan in india

What is Housing Loan?

Loan offered to individuals who wish to buy or construct a house or a Flat.

The property is mortgaged to the lender as a security till the repayment of the loan.

The bank or financial institution will hold the title or deed to the property till the loan has been paid back with the interest due for it.

Page 3: Housing loan in india

Why one should take a home loan?

The process of selling of your house becomes easier Add discipline in his financial life. One can avail benefits in Tax If your spouse is a co-applicant in the loan, both of you can

double your tax benefits.

Page 4: Housing loan in india

Top Housing Loan Providers in India

SBI Home Loan HDFC Ltd PNB Home Loan LIC Housing ICICI Bank Axis Bank IDBI Home Loan

Page 5: Housing loan in india

Always do your homework before taking home loans

Research well on all the options available Check your capability. Never borrow more than you can’t afford.

Take a look at EMI first Read the final print of home loan agreement deeply and carefully Take insurance cover for the home loan Educate yourself about the additional charges that the lenders

add to the current schemes. 

Never leave a doubt: Always ask