Buying a Home is one of the most important decision in the life of any individual, whether he is salaried or self employed. Lot of factors are considered in choosing the right home loan partner. Competitive Rates, Comfortable EMI and Protection of original loan documents – are the main criteria for choosing the bank.
Certain Features which stands out in case of Home Loan vis a vis any other loans are as follows:
- Lowest Rates amongst the Loan Products
- Longest Repaying Tenure
- No Pre-closure Charges (only in case of loan under individual and not in company account)
- Maximum Finance on the property value