A Home Loan is a loan taken to
You can avail a Home Loan from Shree Krishna Associate if you are:
The Minimum Home Loan amount is Rs 2 Lakhs ( Rs 2,00,000 ) and the Maximum Housing Loan amount is Rs 10 Crores ( Rs 10,00,00,000 ) subject to 80% of the market value of the property.
The current home loan interest rates are different for different classes of borrowers. The current rates are
Your equated monthly installments or EMI would depend on 3 variables: the amount of loan, the interest rate charged and the tenure of the loan. To understand how much EMI you would need to be paid, you can use our Home Loan EMI Calculator to understand the outflow for your home loan.
Applying for a home loan is as easy as saying 1, 2, 3. In three easy steps, you can submit your application for a home loan from Shree Krishna Associate. The three steps are:
Standard documentation required for a Home Loan would include:
If you are self-employed, you would need to furnish the following documents with the above:
You can check the detailed requirement of <documents needed for a home loan.
A Shree Krishna Associate Home Loan has three main advantages and they are
Besides these three main advantages, there are many more that would help you to acquire your dream home.
Shree Krishna Associate gives you the option of repaying your home loans through Flexi EMI options. Through this option, you can increase your EMI every year to keep pace with your earnings. This way you could clear off the loan much faster.
Different types of Flexi EMI Plans
A Home Loan balance transfer is for those of you who have an existing home loan with another financial institution. It is possible that you have taken the home loan on a fixed interest rate and now the interest rate has come down and you cannot take advantage of the lower interest rate. With Shree Krishna Associate's balance transfer facility you can transfer your home loan to Shree Krishna Associate and enjoy great benefits such as
With our attractive balance transfer features, you can use the top up loan to undertake repairs or extend your home with additional built-up area. You could also reduce your EMI by opting for a longer tenure.
A top-up loan is provided to borrowers to put cash in their hands to utilize it for renovation or conducting repairs on their homes. A top-up loan is available when you transfer your home loan from another lender to Shree Krishna Associate. The top-up is available up to 25% of the original housing loan amount with the earlier lender. Learn more about a top-up loan.
You can pay your EMIs using different modes to repay your housing loan such as