To Apply and Manage
your Home Loan.
Download our Mobile App
Indiabulls Home Loans
Apply
Online

India's 1st Completely Online Home Loan!

  • e-APPLY

  • e-SANCTION

  • `

    e-DISBURSE

Start your eHome Loans Process Now!

Apply Online
OR

Download our Mobile App

Enter Mobile Number to get app on your phone

+91
GET A
CALL NOW

Fill in the details below

  • Generate OTP

Indiabulls Home Loans Rate Cut: A Good Time for Home Loan Borrowers

Indiabulls Home Loans Rate Cut: A Good Time for Home Loan Borrowers
 

Thinking of buying a home? Well this would be the great time. If you’re planning for a home loan, Jan 2017 bears good news for you. Indiabulls Home Loans has reduced its interest rate to a remarkable 8.65%, bringing forth a ton of benefits for you.

Here are four reasons why you must book your home, and book it NOW!

  • Smaller EMIs

One of the prime reasons why you might be shying away from taking a loan is due to the economic burden of having to spend a lump sum of your monthly income on EMIs. Indians often get worried to make ends meet with the pressure of a pending loan on their shoulders. However, with lesser interest comes the added advantage of having smaller home loan EMIs. This in turn increases your disposable income, thereby enabling you to spend on other needs with more ease.

  • Uncertain Economy

There is no better time than the present, especially when it comes to interest rates! The economy is highly unpredictable. Changes occur drastically at any time and place. This uncertainty also means that interest rates can rise at any time. Hence, capitalizing on the benefit of low Interest rates is vital as what lies on the morrow may not be the same rosy picture as today.

  • Long Term Savings

While the fall in home loan interest rates may appear marginal, but when you take into consideration the amount borrowed, the subsequent time over which the money has been borrowed and finally the added interest amount, the resultant value is fairly high. In such a scenario, even a minor difference in the interest rates can lead to saving a huge lump sum of money in the long run. These can positively affect your long-term, personal and financial goals, and save you from having to compromise on other expenditures.

  • Best Price for Your House

Many give up on the house they like, or the area that they want to stay in because the house values lie beyond their income bracket. Well, if you are in two minds, a lower interest rate means this is the best price you will ever get on the dream house. With lower interest rates, ensure that you get your desired property at the best available market price. In conclusion, with Indiabulls Home Loans offering you the lowest home loan interest rate of 8.65%, this would be the best time to opt for your own home.

Related Articles:

The post Indiabulls Home Loans Rate Cut: A Good Time for Home Loan Borrowers appeared first on Indiabulls home loans.

Related Article
Types of Home Loan Charges

Types of Home Loan Charges

Most people fulfil their wish of becoming homeowners by taking out a home loan. It is the easiest way to afford a property as one can pay for the house in monthly instalments.

MCLR in Home Loan

MCLR in Home Loan

The interest rate is one of the most important components of a loan, especially in the case of a high-value loan that lasts for 2 decades or more; the home loan.

Share your comments on the article
0 / 3000
Read all comments

No Comments