Banks With Latest Home Loan Trends 2014


2. LIC Housing finance: LIC Housing Finance is now offering home loan at a very attractive interest rates along with minimum documentation. You can take a Home Loan either for purchasing a plot or for house extension or for repair & renovation. Both salaried and self-employed individuals are applicable for this home loan.. This institution provides loan under three schemes—Griha Prakash for home purchase, Griha Prakash for construction and Griha Prakash for loan extension. However, the interest rates provided from 10.30 percent to 10.95 percent on home loans.

3. HDFC Bank: HDFC brings home loans at your doorstep with convenient repayment options to suit your budget. It offers Housing loans for Purchase of Flat, row house, bungalow from developers, existing freehold properties and properties in an existing or proposed co-operative housing society or apartment owner's association. Features and benefits of HDFC home loan includes attractive home loan rates, options from fixed rate or floating rate are available; maximum funding up to 80 percent of the cost of the property, easy repayment options; free and safe document storage and flexible repayment options to suit your individual needs. Interest rates available on the HDFC home loans range from 10.25 percent to 10.50 percent.

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