In a world filled with financial emergencies, it’s quite easy to see how a 20 lakh home loan is a reasonable settlement for several people at specific times in their lives. Needing to build a new home or refinance an existing loan should not induce stress when a home loan of 20 lakhs is available. Find out all you need to know about a 20 lakh home loan below.
Apart from the obvious benefits of home loan, these are the other benefits that come with this type of loan from a reliable financial organization, such as Bajaj Housing Finance:
To get a home loan for 20 lakhs, there are certain criteria you must meet. Taking a home loan of up to 20 lakhs means that you have a source of income. Else, you would not be eligible to take this type of loan.
As far as a 20 lakh home loan is concerned, a applicants get an interest rate starting from 6.70%*, basis eligibility.
Getting to know your Equated Monthly Installment (EMI) is essential before you commit to any type of home loan. This is why the home loan EMI calculator, which is used to accurately calculate home loan EMIs, is a vital tool. With the help of this calculator, you can know the EMI for different tenors in relation to your 20 lakh home loan.
If what’s on your mind right now is how to get a home loan of 20 lakhs, you are at the right place. This section will get you acquainted with the offline and online methods of applying for a 20 lakh home loan.
You need to walk into the office of a reliable financial organization like Bajaj Housing Finance to kick-off the registration process for a home loan of 20 lakhs. Once you get to our office, meet any of our representatives and they’ll tell you what to do. Ensure that you have all the necessary documents for your home loan application.
The steps you take when you register offline are quite similar to the online application except for the fact that you
will not be needed to visit the branch so often, except for the last step of in-person approval.
Home Loan Interest Rate
Home Loan Eligibility Calculator
Home Loan EMI Calculator
Home Loan Balance Transfer
How to Reduce Home Loan Tenor?
How to Download Home Loan Statement?
Home Loan Tax Benefit
What is Home Loan?
CIBIL Score for Home Loan
GST on Home Loan
How to Apply for Home Loan?
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Last update on 11-Mar-2021
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