Home Loans in Mumbai

Mumbai – the capital of Maharashtra. Along with being the capital of Maharashtra, Mumbai is also known as the commercial and the entertainment capital of the country. Since most of the film industry has its hub in Mumbai it’s is also known as City of Dreams. The city ranks as the priciest city in the country. If you wish to have your dream home in the dream city - Mumbai, home loans in Mumbai will help you step in your dream home without a hassle.

Check Your Eligibility

Features and Benefits of Home Loan

• Loan Amount: You can apply for home loans in Mumbai for loan amount upto Rs. 10,00,00,000/-
• Rate of Interest: You can avail home loans for rate of interest upto 9.85% specially to meet the needs of various Indians who wish to have a home of their own. There are special rate of interest offers for women borrowers who wish to take home loans.
• Loan tenure: You can avail home loan for a loan tenure as long as 25 years. Applying for a home loan for a longer tenure will enable you to opt for a lower EMI.
• Nil Fore-Closure Charges: Home loans come along with additional feature of Nil-for closure charges. This feature helps you to close your loan as and when you get enough cash in your pockets to close the loan.
• No Collaterals or guarantor: To avail home loan you need not provide any collateral or a guarantor as a security towards your home loan
• Balance Transfer: If you have an existing home loan and your wish to revise it you can choose from the best home loan scheme being offered to you by other banks and avail home loan suiting your need and according to your budget.
• Top-up on Existing Home Loan: You can now renovate your home, or furnish it by applying on a top up on the home loan and make your home even more livable place.

Range of properties you can own with Home loans in Mumbai

• New home – flat or an individual house
• A property under construction,
• Purchase of a plot followed by construction a house on it
• Ready to move in properties

Eligibility for availing Home Loans

• Both residents as well as non-residents of India are eligible for this loan.
• To apply for home loans in Mumbai s you should be at least 28 of age or less than 70 years of age
• You should be salaried with work experience of at least 2 years.
• Self-employed individuals with minimum 5 years of continuity in your current business can apply for Home loans in Mumbai.
• A higher credit score will help you enhance your eligibility to avail home loans in Mumbai.

Documents required for home loan

• Application form
• Identity Proof
• Address Proof
• Signature Proof
• Date of Birth Certificate
• Declaration of Income
• Business Continuity Proof
• KYC documents of Co-applicant.

How to Apply for Home Loans?

• Home loans in Mumbai are not as complicated as they may seem, specially with Home loan offers at Letzbank.
• Letzbank offers simplified solutions to avail home loans offers being offered from partner banks in a comparative format through its website letzbank
• Comparing various home loan products online acquaints you with latest schemes and offers on home loan available in the market.
• Further, at Letzbank you will be able to plan your EMI, ROI and loan tenure through Home Loan EMI calculators.
• By making use of home loan calculators you will be able to fore see your home loan stages throughout its various stages.
• Once you pen down the best home loan offer for you, you can easily fill an online application form and submit it without a hassle and long documentation process.
• We at Letzbank offer our customers our services absolutely “Free of Cost” for all online applications.