Indiabulls Home Loan

Indiabulls home loan

 INDIABULLS HOUSING FINANCE LIMITED is one of the most trustworthy finances limited company and the headquarters of this company is in Gurugram, Haryana, India. It is one of the most prominent India’s second largest housing finance companies, and it is being regulated and taken care of by the National Housing Bank. This finance company is a part of Sameer Gehlaut’s India bulls groups and companies and it also involves and contributes approximately 80% of the group’s turnover. Getting a huge amount of money is not always possible but home loans are one such by which we can get a huge amount of money in one, time, and that’s the biggest advantage of home loans. India bulls housing finance limited provides home loans at a reasonable interest rates. Thus indiabulls housing finance is one of the most prominent organized sectors which provide loan or bank home loans at concessional interest rates. 

Indiabulls Home Loan Interest Rate

 India bulls Home Loan Interest Rates October 2020 following criteria are being given in accordance with interest rate of indiabulls housing finance limited: – The Home Loan Interest Rate of indiabulls housing finance limited is 8.99% onward. The second in the queue, we have the Loan Amount and it is Up to 75%-90% of the property value. Third in the queue, we have the Tenure period and it is Up to 30 years. Fourth in the queue, we have the Prepayment aspect, and it is Nil. Fifth in the queue, we have the Fore-closure aspect and it is Nil. 

Indiabulls Home Loan Features

Features of India bulls Personal Loan is being described below and it is written as follows:- Loan Money: If one has meet the eligibility criteria, one can easily avail an India bulls Dhani personal loan as high as Rs. 15,00,000 or 15 lakhs. Flexible or easy to avail loan and tenure: India bull’s personal loan can be repaid very easily and the tenure varies from 3 to 36 months. Concessional and very reasonable rate of interest rates: Personal loan interest rates from India bulls are being given as 13.99% according to the new guidelines which is lower than any other bank. Easy and comfortable application process:-All the process is being online according to the new guidelines, so there is transparency and comfort ability in the application process. Less documentation: Only a few basic and very important documents are being required to get your India bull’s personal loan application approved or sanctioned. 

Indiabulls Home Loan Eligibility

 One has to fulfil various aspects to fit in the criteria under the head called the eligibility of indiabulls housing finance limited. The first eligibility criteria is that the person should be the citizen of India. Second criteria are that one should be at least 21 years old. Third criteria is that one should either be a salaried professional or self- employed businessman. 

Indiabulls Home Loan Documents Required

When we apply for the home loan, lender must ask us to submit some necessary documents, and they are as follows: – ID proof documents: ID proof plays very important role in submission of the necessary documents, for example our PAN Card, Driver’s license, Passport, Voter’s ID or Aadhaar Card. Address proof documents: We also need to submit address proof documents, not the original ones, but the photocopies of them. Income proof documents: There are two aspects in this, one is for salaried people, and the other one is for self-employed. For salaried people, one has to submit the photocopies of salaried slip and related documents and for self employed, one has to submit the photocopies of the business documents such as audit reports, income tax reports of the last three years. 

Indiabulls Home Loan Registration

There is a special site named Firstly we should click on that site and afterwards there would be option of login, and then we would log in to it by our phone number, email address and name, and then according to the process written online we would be able to get ourselves registered online. 

Indiabulls Home Loan Apply

 Offline registration involves submission of documents and related things in the form of paper and no login is required under this process. The people from villages and people who are not aware of the technology can get themselves registered online. 

Indiabulls Home Loan Repayment

The India bulls housing finance limited had a fixed tenure, so loan should be paid under the instalment of the loan should be paid under the fixed tenure period. If there is any default in the repayment of loan, additional charges would be applied. The default for 2 instalments would be taken and warning should be given but after that any default will be subject to penalty. There would be a fixed date for the repayment of loan in instalments, so loan should be paid positively on that date.