You Must Know About Home Loan In Noida In Detail
The latest data shows that Noida witnessed a substantial increase of 116% in housing sales. The figures went from 670 units to 1450 units in Q3 2021. As sales jumped, Noida recorded the biggest boost with 1,030 new launches, i.e. 415%. If you are planning to buy a residential property in the city, this can be a good time to invest. Apply for a home loan in Noida to make the financing easier and hassle-free.
Know more about the housing loan:
Home loans from reputed lenders in Noida come with a higher quantum of up to Rs.5 crore or more, depending on the applicant’s eligibility. The home loan interest rate starts from as low as 6.65%, thus, making the loan affordable. Lenders also levy nominal processing fees and associated charges with no underlying cost.
Such loans come with a substantial repayment tenor of up to 30 years. You can make an informed decision with the help of a home loan EMI calculator. This online tool helps calculate the EMIs per month along with the total interest payable and cost of borrowing. Adjust details like tenor and loan amount to finalise the best deal.
It’s easy to avail a home loan. You simply need to meet some eligibility criteria, including age, nationality, employment status, minimum income, etc. Make sure to hold a higher CIBIL score for home loan above 750. This qualifies you for a higher quantum and flexible terms and conditions. After paying the first EMI, leading financers also offer a part-prepayment facility, which brings down the principal amount and total payable interest.
