Whether you are going to buy an apartment, or build your dream house in your existing plot or buy a plot and build a house you eying in a favorite location, Indian Bank has various Home Loan schemes to cater your very special needs of owing or renovating or improving a house. The schemes - IB Home Loan, IB Home Loan Plus, IB Home Improve Loan, IB Plot Loan, IB Home Loan Combo - can be great because Indian Bank think that, first of all, a home must be a lovely place making memories of family, and secondly it becomes an investment for your future.
Owing a home would be one of the biggest dream in most of the people. It also becomes one of the biggest investment, one will make in a life time. Decision to buy or own a home will make your life busy collecting valuable information that should help your decision wise, because you are going to have an asset for you and to your descendants. When you make a list, the most important factor will be finding the right financier to make your dream comes true. The SYNDNIVAS Housing Loan from Syndicate Bank offers very attractive, hassle free, easy to obtain finance options in the Home loan sector for both salaried and business class people.
SBI Tribal Plus Home Loan Scheme is a special Housing finance scheme for Hill / Tribal areas of North East India and areas around Chandigarh, Bhopal, Lucknow, Patna and Bhubaneswar. It provides lowest interest rates, lowest processing charges and no securities required.
SBI has introduced "Shaurya Home Loan" featured exclusively for Indian Defense personnel. SBI Shaurya Home Loan reduces burden of servicing EMI under the new schemes as lower EMI would need to be serviced during the post-retirement term. This is because the EMI to be serviced during the post-retirement term are capped at 50% of the current Net Monthly Income (NMI).
SBI has launched "Privilege Home Loan", a new, cheaper and hassle free home loan for employees of Central Govt. and State Govt. including employees of PSB, PSU and others with pensionable service. SBI Privilege Home Loan helps reduced burden of servicing EMI under the new schemes as lower EMI would need to be serviced during the post-retirement term. This is because the EMI to be serviced during the post-retirement term are capped at 50% of the current Net Monthly Income (NMI).
It is an ambition to everyone having own house. Some people utilizes their savings while others get loan from banks to achieve this. If you are a salaried employee, it's always advisable to get a home loan from a reputable bank preferably from nationalized bank. Why people mostly depend on bank loans to build a house? Reduction on income tax is one of the main advantages of constructing house by taking home loan. If both husband and wife are salaried individuals, they will inquire about the chances to incorporate the spouse as co-applicant.
Every banks deal with "Term Loan" as their financial product to attract customers. Majority of financing institutions given their product as a term loan. They are probably, short-term loan for buying home appliances or long-term loan for buying a home or inter-mediate term loan for purchasing a car. Here we see the types and features of Term Loan.
SBI Housing loan customers are offered to utilize this concessional facility called Credit Khazana. When they apply for other additional loans like car loan, personal loan etc., through Credit Khazana offer, interest and margin money will be fixed after permitting some percentages reduction.
State Bank Of India has adopted a Green Banking Policy with an objective of contributing towards the fight against the adverse climate change. One of the initiatives approved by the Board for this purpose is incentivizing borrowers who go in for Green Projects, i.e. those projects which reduce Carbon Emissions and promote Renewable Energy. "Green Housing" or "Green Home" is one of the types of projects identified for this purpose.