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Looking for easy Home loans, Apply now and get good tenure and easy installments. Visit:- https://www.grihashakti.com/loans/home-loan.aspx<br><br>
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Almost Everyone dreams of having his own dream home one day and to turn this dream into reality many system of home loans doing in India. Nowadays there is a touch competition in all sector of economy. Same is applicable for banking sector. Nowadays villagers are migrating towards city areas for employment as well as for education purpose. So they are demanding more for home loan.
Lenders offer home loans, not only for buying a house but also for a variety of other purposes. Some of the popular types of home loans available in the financial market are described below. • Buying A New/Resold House. • Loan For Home Improvement. • Loan For Home Construction • Loan For Home Extension • Loans for Purchase of Land • Loans for Home Purchase • Home Conversion Loans • Balance Transfer Home Loans • NRI Home Loans • Bridged Loans • Stamp Duty Loans
Even if you have sufficient funds to buy a house, a home loan offers benefits such as saving tax, ensuring enough liquidity and opportunity • Flexibility and versatility. • Lower interest rates and higher borrowing limits. • No collateral requirement. • Easier to manage. • Interest rates can be higher than alternatives. • Fees and penalties can be high. • Higher payments than credit cards. • Can increase debt. Advantage Of Home Loan
Here is the sequence of steps in the Home Loan procedure, how you can apply for Housing Loan. There are broadly Eleven steps to the home loan application process: • Step 1 : Application Form. • Step 2 : Personal Discussion • Step 3 : Banks Field Investigation • Step 4 : Credit appraisal by the bank and loan sanction. • Step 5 : Offer Letter • Step 6 : Submission of legal documents & legal check. • Step 7 : Technical / Valuation Check • Step 8 : Valuation • Step 9 : Registration of property documents • Step 10 : Signing of agreements and submitting post-dated cheques • Step 11 : Disbursement What is Home Loan process
Complete loan application form with one passport size photograph. • Proof of individual’s identity (any one of the following) • Passport • Photo Pan Card • Defense Identity Card • Voters identity Card • Driving License • Photo Ration Card • Government identity card proof of residence (any one of the following) • Ration Card • Telephone • Passport Documents Required
GET IN TOUCH Fullerton Grihashakti, Supreme Business Park, 6 th Floor, B - Wing, Behind Lake Castle, Hiranandani Gardens, Powai, Mumbai Website: www.grihashakti.com/ E-Mail: grihashakti@grihashakti.com Follow us on :- /1Grihashakti /Grihashakti