Do you live in the National Capital Region (NCR), and always wanted to buy your dream home, but could not do that because of a shortage of money? You can now fulfil your wish by availing a Home Loan in Delhi at lower Home Loan interest rates.
Did you enroll for DDA Housing Scheme 2018?
What’s more, if you were looking to buy a home as per the housing scheme of the Delhi Development Authority (DDA), there is good news for you.
As many as 20,000 flats will be available in the next housing scheme of the Delhi Development Authority (DDA) as it plans to launch in June 2018 for all income groups.
The prices of these flats are yet to be revealed by the officials. However, the areas of these flats are out as these flats will be housed in Narela, Dwarka, Rohini, Vasant Kunj, Jasola and more areas.
Also, eligible flat allottees will be able to make the most of the Credit-Linked Subsidy System (CLSS) of the Pradhan Mantri Awas Yojana (PMAY). Under the scheme, candidates would be able to receive the interest subsidy of Rs.1.40 lakh to Rs.2.67 lakh.
If you have applied for the housing scheme of the Delhi Development Authority (DDA), you can avail affordable Home Loans and buy a home under the scheme.Yes, reputed banks and non-banking finance companies (NBFCs) are in the fray to offer housing loans between Rs.20 lakh to Rs.10 crore to eligible candidates.
If you have a strong CIBIL or Credit Score, stable employment and income status, and consistent repayment history, grabbing a Home Loan in Delhi should not be an issue.
Home Loan in Delhi: Benefits that you can vouch for!
Be it funding the DDA flats or other real estate projects in Delhi, a Home Loan in Delhi is a powerful financial product to fund your housing needs.Here are some vital benefits that you can avail while applying for a Home Loan in Delhi.
- Loans up to Rs.10 crore to suit your needs
You need not worry about sacrificing your desire to own a big home in the National Capita or elsewhere as you can grab a loan between Rs.20 lakh and Rs.10 crore. So, be it a bungalow, villa, independent house or apartments, you can easily fund all.
- Pay only interest as EMIs and nothing else
Don’t worry about the cost of servicing the loan and paying higher EMIs as you can pay only interest as EMI on a utilized amount out of your Home Loan limit. You can settle the remaining amount with the lender after the end of the tenor.
- Avail better rates with Home Loan balance transfer
No need to pay higher Home Loan EMIs if you are an existing Home Loan customer. You can switch your loan account from an existing lender to a new lender and enjoy lower Home Loan interest rates and better customer care services. Lenders also offer their customers a top loan of up to Rs.50 lakh who do a balance transfer. A top up loan is available at a lower rate and longer tenor to assist you to meet other needs with élan.
- Online account access
Availing a Home Loan from known online lenders also means accessing all loan information via the digital customer portals of the service providers. It helps a Home Loan customer to track and streamline the loan account 24/7 and anywhere.
- Flexi tenor to make the loan affordable
You can grab as wider as 240 months to stretch your housing loan and pay smaller Home Loan EMIs never to feel the burden of loan repayment.
The Bottom Line
With a facility as fruitful as a Home Loan in Delhi, you should apply for it online, and fund the DDA flats and other housing projects in the capital.