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Owning a house is one of the key symbol of success among the growing Indian middle class. But, they have to pay hefty price for that symbol, which makes it near impossible to own a house for common man through his regular income.
This drives the common man to seek for a home loan.
Services Offered
Types of Home Loans
Home Purchase Loans: when buying a new home this type of loan is availed. You can find the best home loans in India at wwww.SIPfund.com.
Land Purchase/Plot Loans: These loans are availed to complete the purchase of a plot for construction or as an investment. Home purchase loan and plot loans are similar in terms of interest rates.
Home Construction Loans: These loans can be availed for construction of the house. Applicable only if the individual has a plot and plan to start construction of a house on it.
Home Improvement Loans: These loans can be availed when you are planning to renovate or make repairs to your current home.
Home Conversion Loans: If you already own a house with an existing home loan and are planning to purchase a new house, you can opt for a home conversion loan.
Home Extension Loans: If you need to add more space to your house for varied reasons, such as a growing family. Opt for this home loan.
Currently home loan interest rates start from 8.5% onwards.
Home Loan Balance Transfer or simply Balance Transfer is the process that allows you to benefit from the lower interest rate offered by the other lender.
EMI Payable per Month
Total Installment
Payment No. | Begining Balance | EMI | Principal | Interest | Ending Balance |
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