Rather than having just random shelter overhead, owning a home in India adds towards cultivating stability & security for respective families. The culture of buying a home has deeply ingrained in India as a life-time dream of everyone & holding the tag of home ownership serves a long-term investment that delivers a sense of pride & belonging.
In this journey of achieving significant milestone, the role of Home loans takes a vital part by facilitating the process of home-buying & simplifying ownership accessible to wider population.
Determine the gateway to unlock the doors of your fanatical dream home through these Hand-picked premium home loan schemes of India that intertwines the excellence with affordability along with convenience!
SBI Bridge Home Loan
The name of the home loan scheme itself signifies that the loan aims to bridge the financial gap between the currently accessible funds & required funds. The interest for the loan amount is charged based on the daily decreasing balance with no penalty associated with pre-payment.
Owing to their extensive banking networks, home buyer can apply for this home loan from any branch in location. They provide SBI Home loan EMI calculator to analyze & evaluate the expected monthly payments before applying for loan according to the loan term, interest rate and principal loan amount. If you are a person looking for capital to fulfill the short time fund requirements, then this home loan scheme will be a perfect go-to-choice.
Repayment Tenure: Up to 2 years
Loan Volume: Rs. 20 lakh to Rs. 20 crores
Rate of Interest: It starts from 9.50% p.a.
Age limit: 18 to 70 years
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