Why Express Paisa - expresspaisa.com


Posted September 1, 2018 by expresspaisa02

For more details on our products and services, please feel free to visit us at Auto loans, Used car loans, Installment loans, Purchase loans & Credit cards

 
We go that extra mile in understanding the need of a customer to suggest an apt product for the loan not to be a burden on the borrower.

We offer complete loan solutions from home loan to personal loan, car loan, project loan, used car loan, business loan and loan against property.

We work with almost all of India’s top loan providers to find you the best deals. We follow up with you and take down your requirements and preferences and give you multiple options offered by various lenders. Effectively, you maximize your chances of getting the best deal possible without running from pillar to post.

Home loam can be provided for the following purpose:

Home Purchase Loan: This is the most common loan for purchasing a home.

Home Improvement Loan: Implementing repair or renovation works can be done using this loan.
Home Construction Loan: This loan is made available to construct a new home.

Home Extension Loan: These are provided if you want to either expand or extend your existing home. For example, addition of an extra room etc.

Home Conversion Loan: This type of loan helps If you have financed your present home with a home loan and wish to purchase and move to another home and you need some additional funds. Through a home conversion loan, the existing loan is transferred to the new home, including the additional amount required, eliminating the need for pre-payment of the previous loan.

Land Purchase Loan: It is solely sanctioned for purchasing a land.

Bridge Loan: It is designed for people who wish to sell the existing home and purchase another simultaneously.

Home Loan Balance Transfer: It helps you to pay off an existing home loan with a higher interest rate, and avail another loan with a lower rate of interest.

Home Loans to NRIs: NRIs wishing to build or buy a home in India can reap benefits of this loan.

Do I get to avail tax benefits on home loan?

Yes. Out of all the other loans, home loans are a great tool to avail tax benefit. This is offered to both the interest and principal components of home finance. Under section 24(1) interest repayment of Rs.1, 50,000 is eligible for exemption from tax while on the same housing loan a principal amount of Rs.1,00,000 is eligible.

You can apply jointly under your and your spouse’s name and both of your incomes will be considered for determination of loan quantum.

For more details on our products and services, please feel free to visit us at Auto loans, Used car loans, Installment loans, Purchase loans & Credit cards
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Issued By expresspaisa
Website http://www.expresspaisa.com/
Country United Kingdom
Categories Business
Tags auto loans
Last Updated September 1, 2018