Home Housing Loan Consultants in Coimbatore
Home Loan in Coimbatore - at Lowest Interest Rate
Purchasing a home has never been easier. We provide you with the best home loan interest rates on housing finance and a large selection of property with Easy home loans so that you can live your best life. Please apply for a home loan with us online and take advantage of our low EMI option and quick processing. You can even track the status of your home loan once you've applied. Plus, there's more. Our criteria have also been expanded to make them more accessible. If you already have a home loan, you also have the option of efficiently transferring it. So, with Easy Home Loan Finance, you can live in your dream home.
- Tax Benefits
- High repayment Tenure
- Enjoy capital appreciation
- Saves you from paying rent
Best Home Loan Agent in Coimbatore
We specialize in providing loans to families in the low-income and minority section of society, particularly self-employed (e.g., drivers, barbers, rickshaw drivers, vegetable vendors, etc.) and whose repayment capacity is assessed based on cash flows. Our Home Loans are the key to getting you into your new concrete dream home. Because a Home Loan is a long-term commitment of 10-15 years, we at India Home Loan Limited make sure that we provide you with unmatched service, transparency throughout the process, and a supportive experience that you will remember for years.
Who is eligible to apply?
Do you want to apply for a home loan? Check the following items to see if you qualify for a home loan:
For Self-Employed Individuals:
Resident Indians only Between the ages of 23 and 70, A minimum of four years of business continuity is required. A minimum annual income of 1.5 lakh is required. Tenure lengths range from 12 to 300 months.
For Salaried Individuals:
Indians, both residents and non-residents
Between the ages of 21 and 60
Minimum 3 years of experience
Must earn minimum ₹1 lakh per annum
Duration of tenure: 12 months to 360 months
Take a look at the documents you'll need for the home loan application and keep them on hand.
- Valid Identity Proof
- Valid Address Proof
- Valid Income Proof
- Salaried: Last 2 months salary slip/ last 6 months bank statement
- Self-employed : most recent ITR, balance sheet or profit and loss statement, GST return, last six months bank statements or credit card statements, etc.
- Property Proof
- Photocopy of draft sale deed and chain title documents (if any)
- No objection certificate from the society and other documents as per legal report Business Proof
What is a home loan, and how can I use it?
A home loan, also known as a house loan, allows you to buy the home of your dreams without paying for it all at once. Depending on your eligibility for a home loan, you may be able to borrow up to 90% of the property's value. You can check your eligibility for a home loan in various ways, including online or by visiting our branches.
How long does it take to obtain a home loan?
Easy Home Loan Finance has made applying for a home loan online simple. Please fill out the form on our website, and we'll call you to let you know if you're eligible for a home loan. After our representative has collected all of the documents needed for a home loan, we will go through a verification procedure to double-check your information; in this case, our representative may also have a brief personal conversation with you. The money is transferred, or a DD is issued in favor of the seller/builder/bank or FI in the case of BT after we successfully verify your details. Following the disbursement of your funds, you can take advantage of your home loan's variety of tax benefits.
Is it possible to get a home loan if you're self-employed?
Yes, self-employed people can get a home loan. We provide home loans to self-employed people, self-employed people, partnership firms, and company directors. Self-employed people must have been in business for at least three years to qualify. The applicant must be at least 23 years old and no more than 70 years old at the time of application.
What method will be used to calculate my EMI?
The principal amount and the interest rate charged on the principal are the two components of your EMI. The amount you borrow, the rate of interest you pay, and the length of time you have the loan determine the EMI. If the interest rate changes, EMIs may change. A partial prepayment allows you to reduce your EMI amount by paying back more than you must.
What is the procedure for gaining a home loan?
We follow specific procedures for house loan sanctioning and disbursement after we receive your application. Before these two processes can begin, particular requirements must be met, which are listed below in the order It must meet them:
Filling out the application form
Payment of the Processing Fees
Documentation is a requirement (at both login and post-sanction-pre disbursement stages)
A conversation with yourself (for assessment and gauging requirement and repayment by Underwriting Officer)
Verification of the investigation (mandatory guarantees instituted to ensure validation of documents provided)
Loan sanctioning is a term that refers to the process of approving a loan.