Posts Tagged ‘EMI’


How To Get Personal Loan Within An Hour

by como ·

There are a number of reasons for different people to seek
personal loans. These reasons could be anything from education loans,
buying a consumer durable in your home, doing renovation in your home to
routine expenses that a normal householder is be unable to pay in cash
right now. With expenses sky rocketing and salaries grudging along
slowly, you should be ready to avail it when you need to. Thus it is
important to understand, interest rates, repayment options and EMIs to
select the right personal loan quickly.

The best part is that it can be obtained without the
need for any kind of security or collateral. Additionally, it has a very
simple process of application, documentation and approval. Personal
loan interest rates vary from bank to bank. The range of interest rates
on these personal loans is between 14.75% and 21%. There are different
methods of calculating the interest and EMI on loans. Depending on what
the bank you choose to apply to, you can calculate the interest rate
with their personal loan EMI calculator.

The personal loan EMI
calculator is used to find out the eligibility of an individual to get
the loan too. It can be used to judge how affordable and repay In order
to get a quick look at the EMIs of the loan, the personal loan EMI
calculator is used. All you have to do is, enter the amount and select
the interest rate and the tenure you are comfortable with. Almost
immediately, you can see how much of the total amount you will get and
how much EMI you will need to pay on the monthly basis. Once you are
satisfied with the details of the particular loan, you can apply for it.

Calculating EMI online is very easy, is not time consuming. Plus, it
calculates the EMI within minutes. It offers you the ability to compare
the interest rates from different banks. It helps you calculate the
total repayment and EMI of the loan. As a personal loan requirement, you
need to pay the EMI on a particular date. Using the online personal
loan EMI calculator and online application forms, you can apply for the
loan with the simple and easy steps. Many institutes and banks aim to
make the approval process as easy and user friendly as possible. Thus,
before you know it, your application for the personal loan is being
considered and it will only take minutes to get done!


Tips For Getting Hdfc Home Loan

by como ·

HDFC has more than 3 decades of experience in offering Home Loans to its customers. HDFC Bank home loan designed their product to cater people coming from diverse status including the lower, middle and upper class. Home loan from this bank is the most appreciated product. The lender strives to help you to realize your owned home.

HDFC bank has planned their home loan with some unmatched features which make them the buyers first choice for home loan. Some of them are:

Widest range of approved projects
Attractive Home Loan Interest Rate
Wide range of Home Loan Products
Doorstep service
Assure hassle-free processing
Property Counseling
Simple documentation
Loan from any office for purchase of home anywhere in India
Loan approval before property selection
Flexible repayment options
Secured document storage

The bank has a team of committed experts to proffer proposed borrowers with the best deal. HDFC home loan caters Salaried, Self-employed businessman & self employed professionals. The bank funds on both residential and commercial properties.

The bank performs an in house process for legal and technical verification of the property. The processing and administrative fees cover all these expenses. After the relevant verifications the financer funds up to 80% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges) based on the repayment capacity of the customer. HDFC funds for purchase of fresh property (directly from builder) / resale or for construction of houses.

The bank has its own set of parameters to appraise a customer. An existing HDFC Home Loan customer can avail other loans (like Personal Loans, Car Loans etc) at lower interest rates.

The bank has planned a Flexible repayment proposal which gives the customer preferences like Step up Repayment Facility, Flexible Loan installments Plan, Tranche Based EMI, and Accelerated Repayment Scheme. The borrower may choose any scheme for paying his EMI; either he go for PDCs (Post Dated Cheques), ECS (Electronic Clearing Services) or Automated Repayment of Home loan EMI (through standing instruction).

The bank realizes your sentiment and hence offers good security of property documents for your complete peace of mind. HDFC Standard Life Insurance Company Ltd. offers an insurance plan; with home loan which is designed purposely to shield borrowers family from unforeseen mishaps like demise of applicant to ensure that it does not affect family’s interests and their valued home.