Looking to get a home loan to buy your dream house? In recent years the home loan market in India has become increasingly generous to the rising home buyers, with stable property costs & reduced interest rates.
Home loan is one of the most affordable borrowing tools that help you buy your desired property at the current price with flexible tenures, also providing several tax benefits. According to the latest data from the RBI, the growth of home loans in India stood a 9.9% at Rs 15 lakh crore in April 2022.
Apart from the benefits mentioned above, there are several reasons why you must apply for a home loan in the present times. They are:
1:- Decreased GST rate on home purchases
The central government recently slashed the Goods & Services Tax (GST) rate on home prices. At present, the GST rate for home purchases stand at 5% (from 12% before) for under-construction homes & 1% (from 8% earlier) for affordable housing. You can benefit from these low rates by purchasing a home today.
2:- Low property prices
With the reduction in GST rates and over one crore new affordable houses being built under the PM Awas Yojna, homebuyers can now afford a larger home for a lower price than the norm. Also, by opting for a home loan, they can pay back the amount over a longer tenure and reap other benefits from it.
3:- Lower interest rates
Home loans have become very affordable and lucrative in recent years, with the interest rates taking a dip. Top banks like UCO Bank provide a highly competitive & lucrative home loan interest rate of around 7.40%, making it more affordable for homebuyers.
This golden era for homebuyers may not last forever. Therefore, if you are looking to purchase a home and want to apply for a home loan, now is the time.
UCO Bank provides a highly lucrative home loan for the purchase, construction or repair of a property, with competitive interest rates. Interested? Visit https://www.ucobank.com/english/home-loans.aspx today to know more.
Banks and other lenders charge equal interest rates on both home loans and property loans.
However, the home loan interest rates are a few percentage points lower than the land loan interest rates.
Plot loans are generally riskier and thus priced higher than home loans, where banks have a promise that, if necessary, they can sell and recover losses quickly.
Immobilienkredite werden verwendet, um alle Arten von Immobilien wie Häuser, Wohnungen, Eigentumswohnungen, Bürogebäude, Hotels, Wohnungen, Gesundheitseinrichtungen und mehr zu kaufen.
Die meisten von uns wenden sich an eine Bank und erhalten einen Kredit, der auf ihrer finanziellen Situation und ihren Bedürfnissen basiert.
Sie helfen Ihnen bei der Suche nach dem am besten geeigneten Kreditgeber und bieten Unterstützung bei der Organisation der für die Sicherung der Kredite erforderlichen Dokumente.
Kurz gesagt, Immobilienkredit Online-Experten spielen die Rolle eines Vermittlers zwischen Kreditnehmern und Kreditgebern und helfen ihnen, miteinander in Kontakt zu treten.
Ihre Aufgabe ist es, sicherzustellen, dass die Kreditnehmer die richtigen Kredite schnell und bequem ohne Probleme und Schwierigkeiten erwerben können.
Normalerweise können Kreditsuchende Kredite erhalten, um Immobilien zu kaufen, zu renovieren und sogar zu refinanzieren.
Calculate your home loan eligibility in seconds.
Use this calculator to know the loan amount you can avail for planning your home purchase budget better.
To apply for a home loan online with Clix Capital.
This is the easiest way to calculate home loan emi and interest rates on your home loan.
For more info visit : https://www.clix.capital/home-loan-calculator/
