In India, majority of
the people belongs to the middle class family. They have several requirements
that are not fulfilled because of lack of funds. Every person wants to buy a
home. Now days, it is not easy to get own house. Several banks or lending
institutions provide home loan at the best rates. Person can take a home loan
for various purposes such as renovation of home, rebuild the home and home
improvement loan. Person can find the number of housing loan companies in India
that provides the best rates for Indian residents. Let’s discuss the various
housing companies in India.
In India, housing loans
offers maximum repayment of the loan period is up to 20 years. Rate of interest
varies from bank to the bank and city to city. Home loan bankers first check
the person credit history and repayment capacity, before approving the loan.
Bank checks the person's ability to repay the loan. Person has to repay the
loan in EMIs. Person can easily get a
home loan at the best rates.
Bank of India today
provides the best housing loans. Person can take housing loan for construction
of a home, to construct a house or flat, to buy a flat or home or renovation of
home. Person can also take a loan from any other financial institutions
or non banking financial companies. These companies provide loans at the higher
rate of interest as compare to other banks. Their companies are highly flexible
and moderate terms and conditions.
State bank of India is
one of the leading banks in India. SBI Home Loan provides
housing loans for the Indian residents as well as for the NRIs. There housing
loans plans, are designed in such a way which makes the loans easy and
straightforward.
Punjab national bank is
another reputed bank in India which also provides home loans at the best rates.
Person can get the loan quickly. PNB also offers convenient home loan plans.
Person can take this loan for any home purpose such as rebuild the home,
renovation of home or buy a home.
HSBC provides home loan
at the best rates. HSBC helps the needy persons in the financial need. They
provide home loan range from 5 Lakhs to 3 Crores.
There are several banks
also provide home loan like Citibank, Axis bank, Fullerton, Standard chartered
HDFC, Dena niwas and many more.
