You generally take a home loan for either buying a house/flat or a plot of land for construction of a house, or renovation, extension and repairs to your existing house.
Another reason could be a balance transfer of loans from existing high interest bearing loans to lower interest bearing loans.
Home loans come with a dual advantage - tax benefits and rent saving. Both these elements contribute towards the EMI outflow.
Appreciation in the property value is an additional bonus.
We ensure that our customers get maximum benefits through their home loans.
Here is a list of benefits that you can avail when you take a home loan from iKuber:
Frequently Asked Questions / Guide to Home Loans:
Indicative Home Loan Rate* (for Salaried persons)
Bank/Lender | Floating Rates (%) |
---|---|
SBI | 8.35% |
HDFC Ltd | 8.35% |
PNB Housing Finance Ltd. | 8.60% |
India Bulls Housing Finance Ltd. | 8.35% |
Indicative Home Loan Rate* (for Non-Salaried persons)
Bank/Lender | Floating Rates (%) |
---|---|
SBI | 8.35% |
HDFC Ltd | 8.35% |
PNB Housing Finance Ltd. | 8.60% |
India Bulls Housing Finance Ltd. | 8.35% |
* Rates indicated above vary based on amount of loan, gender, salaried/self-employed – professional/non-professional status, lender’s internal policies and quarterly announcement of rates.