Google Ad
  • Home Loan In Kalyan Dombivili

Home Loan For Cibil Defaulters In Kalyan-Dombivili


Buying a home is one of the biggest financial investments a person can make in their lifetime and can therefore be called as an accomplishment.

Benefits in interest rate compared to olden days- In the 1990's, banks were charging up to 18% interest on loans. Today, you can get a home loan at 8.90% annually. The decrease in the interest rates with capital appreciation makes it a dual benefit plan.

Capital appreciation- Land is always an appreciating asset in most cases. Construction costs also have also increased over the years. Rents are getting more expensive with inflation, investing in your own house can protect you from inflation.

Home Loan For Cibil Defaulters

Tax benefits- The Government has played the biggest role in the growth of home loan sector. As per Section 24B of the Income Tax Act 1961, you get a deduction of  2,00,000 towards repayment of interest towards loans taken for purchase/construction of house (if you or your family is living in the same house). At the same time, Section 80CC read with Section 80CCE of the Income Tax Act 1961 allows for a tax deduction up to  150000 Lakhs on repayment of principal amount of the home loan. This is one of the biggest incentives for people to go for a home loan, even if you are able to buy your house with your life savings. Applying for a Home Loan may seem like a herculean task and information on Home Loan offers can be confusing as each bank will have its own Home Loan rates and scheme. It can become difficult for a person to compare the bank rates and offers and make an informed decision.

We can help you with the procure and all the information at a single place where you can compare the rates of different banks on a single screen. In addition, we can help you get the best deal depending on your income, demographics,and repaying capacity. 

Home Loan For Cibil Defaulters In Mumbai.

Write a review

Note: HTML is not translated!
    Bad           Good

Home Loan In Kalyan Dombivili

  • Brand: Hdfc Bank
  • Product Code: Home Loan Kalyan-Dombivili

Tags: Home Loan For Cibil Defaulters In Kalyan-Dombivili, Loan For Cibil Defaulters In Kalyan-Dombivili,

Google Ad

Quick Enquiry



Blog

Four Credit Breaus in India & How they Calculate Credit Score

Four Credit Breaus in India & How they Calculate Credit Score

Four Credit Bureaus in India & How they Calculate Credit ScoreThere are four credit bureaus lice
Alternatives for Personal Loan for Bad Credit Rating

Alternatives for Personal Loan for Bad Credit Rating

Alternatives for Personal Loan for Bad Credit Rating When you have a bad credit record there are
Things to Know About Credit Score and Credit Report

Things to Know About Credit Score and Credit Report

Things to Know About Credit Score and Credit ReportWhen was the first time you became familiar with
Mistakes to be avoided while applying for loan with low CIBIL Score

Mistakes to be avoided while applying for loan with low CIBIL Score

Mistakes to be avoided while applying for loan with low CIBIL Score Credit scores in India are kno
Read more... Blog
Google Ad