Home loan is one of the most vital financial decisions of your life. In India, you can avail home loans mainly from two types of lenders: the housing finance companies such as LIC Housing Finance Ltd., DHFL and commercial banks like SBI or HDFC. However, most of the lenders sponsor 80% of the property value as a home loan. The remaining 20% needs to be capitalized as a down-payment from your side. Although most of the NBFC banks can provide funds up to 90% of the property market value, the amount of loan sanctioned totally depends on your eligibility. The best course of action before applying for a home loan is to first calculate the home loan EMI using the home loan EMI calculator at Afinoz.com and then choose the best available options from different lenders.
Avail Tax benifits on Loans
Enjoy the tax benefits up to 2 lakh on both principle loan amount and home loan interest payments under ...more
Improve your credit score
If you are paying your EMI on the due dates every month then you will see an increase in your credit score...more
Benefit from Lower Interest Rates:
With RBI's recent rate cuts by 0.25%, new home loan borrowers can get a greater advantage of lower interest rate.
Investing in properties has a great potential as the value of a property only increases over the long-term period....more
Joint Home Loan Advantages
Applying for a home loan with an earning co-applicant helps in increasing your home loan eligibility for a longer ...more
Quick and Easy Application
Using an easy and seamless online application processing as offered by Afinoz.com, you can apply for a home loan with...more