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What are the interest rates offered for home loans? What are: Daily Reducing, Monthly Reducing and Yearly Reducing?
Interest rates are different from institution to institution and generally range from about 9.25% to around 12 %. The interest on home loans in India is usually calculated either on monthly reducing or yearly reducing balance.
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Do I require a guarantor to get a home loan?
Some institutions ask for 1 or 2 guarantors, others require no guarantor at all.
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Can I make joint applications for home loans?
Most institutions are willing to consider the joint incomes of the applicants for deciding the loan amount. Some institutions do not require the co-applicants to be co-owners of the property to be purchased
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Jains Inseli Park
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- Property Type: 2BHK Apartment
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WhiteHouse Residencies
Peelamedu, Coimbatore
- At White House Residencies we envision becoming the new face of quality building in the rapidly growing Coimbatore city. We begin by putting together a project that will make your home everything you want it to be: classy, comfortable and convenient.View More >>
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