Latest Posts

Saturday, 23 September 2017

Top 5 best banks for home loan in India


Are you planning to have a sweet home of your own, but don’t have enough money in your account to make that happen? No worries! This is where home loans come into role. Home loans can help you become financially capable of buying home. Home loan is a long-term debt that we opt for. We need to pay EMI every month. Also, don’t forgot to check out 5 Factors to Consider Before Buying Investment Property in India.So, one must be very careful while selecting bank to get home loan. Since banking sector in India is quite large with multiple of tens of banks offering you home loans, the selection task is bit complex, hard, and time consuming. But, you don’t need to worry at all, as I am here with the list of top 5 banks for home loan in India.

1. SBI Bank Loan

When it comes to home loan, SBI Bank is what shines at the top. This bank covers 24.50 percent of total number of home loan borrowers in country. The bank has got tough rules to approve home loan, plus you need to little hard work moving here and there in getting the requirements fulfilled. Well, only the initial process is bit tiring, after the loan gets approved, you will surely enjoy a smooth experience.

2. HDFC Bank Loan

After SBI, it’s HDFC that tops the chart. The bank has been enjoying up curve in number of home loan borrowers for past few years, which apparently tells the improvement in features, in service by the bank. HDFC is known for offering its top-notch service. Low interest rate, high-end customer help are the major reasons why people like to opt for HDFC bank to get home loan. Increasing count of consumers has made this bank shine in this list about best banks for housing loan in India.

3. LIC Housing Finance Loan

If you did not like any of above listed in this list about top 5 banks for home loan in India, due to one reason or another, then you should take time in checking out what LIC Housing Finance has got for you. You need to go through lesser document work when applying for home loan, which simply ease the process.

You also get the option to fix rate of interest for five years. Moreover, if you have insurance scheme with LIC, then you can enjoy lesser interest rate on your home loan amount, as compared to those who don’t have any scheme with LIC.

4. Axis Bank Loan

Yet another private bank making into this list is Axis Bank. This bank has got handsome count of consumers which has been growing continuously. Various surveys done by independent bodies tell that people are quite satisfied with services of Axis bank.

5. ICICI Bank Loan

Last in the list is ICICI bank. After analyzing data from various surveys, we figured out people are with mixed reviews for this bank. Still, the services, the attractive interest rate and other factors have helped this bank grab a respectful position in this list.

8 comments:

  1. I continuously continue coming to your website once more simply in case you have posted new contents.Wix web page

    ReplyDelete
  2. Despite the fact that the loan isn't utilized for the buy of the auto,QUICK PAYDAY LOANS IN OTTAWA the moneylender has the privilege to repossess the auto on the off chance that you default on reimbursing the loan.

    ReplyDelete
  3. If you don't mind recollect that getting a payday loan or loan too often could agitate your month to month spending plan and you may think that its hard to get out. What is Annual Percentage Rate (APR) for Short Term Payday Loans?

    ReplyDelete
  4. Secret home loans are for the most part acquainted into the loaning framework with serve a particular capacity, much like the super sopper we see doing the rounds on a wet cricket ground!tlr

    ReplyDelete
  5. Need here and now payday loans loan to deal with that crisis, that unanticipated bill or just to compensate yourself? Paysaver Payday Loans is a quick and secure approach to get payday loans from the protection of your own home!
    personal loan companies in georgia

    ReplyDelete
  6. You know your projects stand out of the herd. There is something special about them. It seems to me all of them are really brilliant! pikalainavertailu info

    ReplyDelete
  7. I hope you are getting my point. Now this was what I call a bird's eye view about the loans advantages and disadvantages detroit personal loan

    ReplyDelete
  8. Commercial financing loan are designed only for business purposes and they understand the business that you do where in they regularly work with business like yours.
    Click This Link JETWIN.com

    ReplyDelete