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Mortgage Loans

Mortgage Loans

The main functions of the mortgage loans in India:

  • - Loans are provided for the purchase of four wheeled vehicles and two wheelers

  • - Loans are provided for the purpose of repayment of the previous loans

  • - Loans are provided for meeting the expenses pertaining to medical, educational and marriage purposes

  • - Loans are provided for undertaking renovation and repair works of the residential property

  • - Loans are provided for the purpose of purchasing land plots, houses, construction of houses

  • - Loans are provided for meeting the needs for commercial, trade and other business activities

  • - Loans are provided for the requirements of the professionals for any kind of activities such as education, house construction or purchase

The services offered under the Mortgage loans in India:

  • Home equity loans
  • Mortgage refinancing
  • Real estate lending
  • New home loans
  • Latest mortgage quotes
  • Debt consolidation service


We cater to short to medium term fund requirements of small and midsized corporates in NCR region. FNFS offers quick access to funds with high degree of flexibility customized to the needs of the borrower. FNFS provides the lowest rate of the market. You can compare all the loan providers’ offer under a single roof. A home loan can be used to buy a new property like flats, bungalow, and row houses also. Banks generally provide 80% to 90% of the property value as a home loan. The remain balance has to be arranged as the initial down payment. You can also avail a personal loan for further down payment amount. Nowadays some builders provide fully furnished flats to enable higher loan amount. This also reduces the cost of furnishing the house on possession. Home loans are available from 5 lac to 25 Cr. Dealsofloan.com suggests you the lowest rate of interest.

After applying for a Home Loan there are lots of parts included in availing Home Loan starting with identifying your property to filling up the loan application form. Following are the important stages in Home Loan approvals.

Benefits

The home loan borrower enjoys Tax Benefits on both Interest paid & the Principal re-paid. Under Section 24(d) of Income Tax, the deduction of interest payable on the home loan is up to a maximum of Rs. 1,50,000. Under Section 80(c) of Income Tax, Principal amount for the repayment of loan along with other savings & investments is eligible for tax deduction up to a maximum limit of Rs. 1, 00,000.

Organizations offering Mortgage Loans in India

  • HDFC Bank Mortgage Service - Housing Development Finance Corporation (HDFC) Bank Mortgage Service is leader in the Indian mortgage market at present with the State Bank of India (SBI) following the lead

  • Bank Of Baroda - Baroda Advance Against Property: Bank of Baroda Mortgage Scheme is one most important mortgage schemes in the mortgage market in India

  • United Bank of India - United Mortgage Scheme: United Bank of India Mortgage Scheme is one of the most important part of the financial portfolio of the United Bank of India

  • Bank of India - BIO Star Mortgage Scheme: Bank of India Mortgage Scheme provides high quality financial product to fulfill the various requirements of the customers

  • Union Bank of India - Union Mortgage Scheme: Union Bank of India Mortgage Scheme offers a variety of financial products for the individual customers of various types.

  • State Bank of Mysore - Equitable Mortgage of Property: State Bank of Mysore Mortgage Loan is one of the primary financial products of the State Bank of Mysore.