Money Mantram

Home Loans to build your dream home.

Home loan is a secured loan that can be availed for buying/ constructing a residential property. Currently Home Loan interest rate starts at 8.50% p.a. Most Banks & HFCs sanction 75% to 90% of property’s value as home loans. Low processing fee, provisional sanction, 30 years of tenure & flexible EMIs are some of the key benefits of home loans.

  • Lowest Interest Rate

    Lowest Interest Rate

  • Affordable EMI plans

    Affordable EMI plans

  • No Foreclosure Charge

    No Foreclosure Charge

  • Quick Processing

    Quick Processing

INSURANCE BEENFITS

Features & Benefits of Home Loan

  • Capital appreciation

  • Sense of accomplishment

  • Tax benefits on interest and principal components

  • Zero prepayment charges

  • Home loan top up and balance transfer facility

  • Long repayment tenure of up to 30 years

  • High loan amount of up to 5 Crores (can be more in some cases)

Talk to our loan experts

We Help You With Your Home Loan For Your Every Need

01. Enter Basic Details

Provide your basic details to help us know you better.

02. Check Eligibility

Determine your eligibility to get a Home Loan.

03. Submit Documents

Documents such as residential proof, income and, employment details.

There are various home loan products that you can choose from based on your requirements:

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Types of Home Loan Available in India

Types of Loans

  • Purchase of apartment
  • Purchase of bungalow
  • Purchase of land
  • Home renovation
  • Construction of house
  • Balance transfer

Purchase of apartment

You can get a home loan for a residential apartment complex that is under construction or already ready to move in.

Purchase of bungalow

Get a home loan to purchase a ready-to-move-in or under construction bungalow or independent house.

Purchase of land

You can buy a vacant plot for construction. Some banks insist that you must begin constructing your property within one year of purchasing the land.

Home renovation

These loans are for the improvement or renovation of an existing house or apartment.

Construction of house

You can avail of a loan for the construction of property if you have permission from the municipal corporation and an approved building plan.

Balance transfer

Transfer an existing home loan to another bank or NBFC that gives you better home loan eligibility criteria and interest rates.

Loan Calculator
 

Why Apply for a Home Loan with

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Money Mantram

The lowest rate of interest

Lowest processing fees

Easy documentation

Fastest loan turnaround time

Terms of foreclosures and prepayment

Transaction charges

Call to Experts

+919913397155

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WE ALWAYS HELP

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They frequently asked
questions

? How to get a home loan?

If you are confused about how to get a home loan, you can apply online for a home loan through Money Mantram or from the lender's website. You can also visit the nearest branch of the loan provider or call their home loan customer care department. When you decide to get a home loan apply online for fast processing.

? Which bank is best for home loans?

SBI, HDFC, ICICI, Yes Bank, PNB, and Kotak Mahindra are some of the best banks for home loans in terms of their services and rates.

? How much CIBIL score is required for a home loan?

You must have a CIBIL score of 650 or above to be eligible for a home loan.

? What is the maximum Home Loan you are eligible for?

You can get loans up to Rs.10 crores. However, the maximum loan quantum varies from one bank to the other and also depends upon the eligibility criteria that the applicant fulfills.

? What is the interest rate on home loans?

EMI for a loan amount of Rs. 20 lakhs depend on the repayment tenure and interest rate applicable on the loan. For example if you pay 8.45% p.a. rate of interest for Rs. 20 lakhs loan amount for a tenure of 30 years, your EMI will be Rs. 15,307 You can use our Home Loan EMI Calculator to calculate your loan EMI.

? How to calculate home loan EMI?

You can calculate home loan EMI by using Home Loan EMI Calculator available on our website.

We Help You With Your

Home Loan For Your Every Need

CONTACT US

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2864

Talk with experts

Behind Adarsh Vidhya Mandir School,
Agrawal Colony, Balotra - 344022