The
housing finance
in India has
grown at an
exponential
rate over
five years.
The huge demand
for residential
houses and
trade has
contributed
significantly
to the real
estate sector
.
With the rapid
growth of
the housing
finance sector,
cut throat
competition
between companies
have also
developed.
The housing
finance, financial
institutions,
banks are
major players
in this sector.
They started
to give loans
to individuals
as well as
houses. To
attract customers,
companies
reduced interest
rates. The
rates offered
by these companies,
housing finance
in India are
low at all
times. Product
innovation
is another
technique
followed by
those companies.
Both resident
Indians and
NRI customers
can apply
for loans
from these
companies.
The NRI customers
are not allowed
for tax advantage
unless and
until he /
she files
back. A loan
applicant
may opt for
either fixed
or floating
rates. The
lending rate
of these companies
is between
7.50 - 12%
depending
on the repayment
years.
Many companies
even cover
the costs
of treatments
the costs
of treatment.
Some housing
finance companies
n India, offer
free accidental
coverage to
people who
are looking
for home loans.
Customers
can also rely
on the coverage
of life insurance,
property insurance
and other
privileges
offered by
these institutions.
These new
measures are
taken to attract
customers.
Browse through
the various
links provided
on this page
to gather
more information
on housing
finance in
India.
Bob Housing
Finance Ltd.
Canfin Home
Ind Bank Housing
Finance ltd.
PNB Housing
Finance
SBI Housing
Finance
GE Money Home
Loan
HDFC Housing
Finance
HUDCO
ICICI Home
Loan
LIC Housing
Finance
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