1 / 5

Housing Loan in India

Know everything about Housing Loan in India

prateek1026
Download Presentation

Housing Loan in India

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Housing Loan Know everything Related to It

  2. What is Housing Loan? • Loan offered to individuals who wish to buy or construct a house or a Flat. • The property is mortgaged to the lender as a security till the repayment of the loan. • The bank or financial institution will hold the title or deed to the property till the loan has been paid back with the interest due for it.

  3. Why one should take a home loan? • The process of selling of your house becomes easier • Add discipline in his financial life. • One can avail benefits in Tax • If your spouse is a co-applicant in the loan, both of you can double your tax benefits.

  4. Top Housing Loan Providers in India • SBI Home Loan • HDFC Ltd • PNB Home Loan • LIC Housing • ICICI Bank • Axis Bank • IDBI Home Loan

  5. Always do your homework before taking home loans • Research well on all the options available • Check your capability. Never borrow more than you can’t afford. Take a look at EMI first • Read the final print of home loan agreement deeply and carefully • Take insurance cover for the home loan • Educate yourself about the additional charges that the lenders add to the current schemes.  Never leave a doubt: Always ask

More Related