‘Home’ connotes comfort, happiness, pride and family time. Every homeowner will tell you that his home gives him a sense of identity and that his ownership is sacred; It’s an asset she would never trade for anything in the world.
If you are looking to buy a home but are finding it difficult due to paucity of funds, don’t worry, we help you get a home loan at the lowest interest rates. There are many companies in India that can give home loans but we are here to find the best loan company which gives home loans at 3% to 7% interest rates.
I think you might have heard about Finbull India Loan but you ignored it because it is a new Fintech company in India.
Finbull India offers you hassle-free financial support up to 80 lakhs at @8.00% ROI with min@8.5% to max@9.5% APR with a repayment period of a min 1 year to a max of 20 years, and zero processing fees.
Suppose,
The Loan Amount is 10,000, Interest Rate is 8% p.a, and Loan Period is 1 Year. Then the total repayment amount after 1 year is 10,000 + 800(8% ROI) = Rs 10,800
Benefits of Taking a Home Loan From Finbull India
Finbull India Home Loan has a lot of benefits but I write only the benefits you need to know and other companies are not giving.
1 Lower Property Prices:
Now home buyers have many options in the affordable home segment. This has a two-pronged advantage for a home buyer – on the one hand, she can buy a bigger house or buy a house for a lesser amount than her budget. On the other hand, she can enjoy other benefits of buying a home with a home loan such as tax benefits, paying a small amount as a down payment and using the home loan to pay the rest, up to 30 years. Long loan repayment period etc.
2. Reduction in GST rates on home purchases:
The rates of GST (Goods and Services Tax) on the purchase of houses have been reduced significantly. At present, the rate of GST on the purchase of residential houses without the benefit of Input Tax Credit (ITC) is 5 per cent (1 per cent for affordable houses). Buying a home today will give you the benefit of these low rates.
3. Low-interest rates
Home loans today have become very affordable with the interest rates falling in the recent past. Lower interest rates result in lower EMI amounts which makes a home loan more attractive and affordable.
Final Words
Lastly, the main advantage of Finbull India Home Loan is that you can become a homeowner today and you need not wait to accumulate enough capital to make your home purchase.
Additionally, your home loan repayment tenure can be extended up to 30 years depending on your loan eligibility and other criteria of the home loan provider (the longer your loan tenure, the lower the EMI amount). It gives you the flexibility to repay over a longer period of time without straining your finances.
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