Are you thinking of purchasing your first house? Or do you want to upgrade your home to maintain a better lifestyle? In both these cases, you will have to spare out a massive amount if you want a decent house at a prime location. Collecting these funds can take years of efforts and sacrifices. To avoid this, you can go for a home loan. However, getting a home loan can be a task in itself because of so many available alternatives. If you want to make your task convenient and get the best deal, you should go for PNB Housing home loan. A few benefits you can obtain with PNB Housing are:
#1 Flexible Loan Tenure
Loan tenure is the most crucial aspect in determining the EMI amount. The larger the tenure, the lesser the EMI price. With PNB housing, you get the flexibility to stretch the tenure for up to 20 years. So even if your salary isn’t high, you can dream for a decent house with lower EMIs. The duration of repayment will be decided based on several factors. You should consider them as well.
#2 Loan Against Property
If you want to shift to a place where you can maintain a better lifestyle, PNB Housing can help you out. They can provide you with up to 60% funding on the cost of your existing property. That means you can get the loan for your new house without the worry of selling the old one and then repay it according to your convenience.
#3 Prepay Easily
Several lenders provide the benefit of loan against property, but where they fall short is the prepayment charges. If you get funds within the tenure of your loan and you want to repay it to enjoy your debt-free life, you will have to pay some extra charges on it. Providers account these charges based on the home loan interest rates that they lost due to prepayment. However, you won’t face any such troubles with PNB Housing. You can repay the amount at any time without the hassle of fines or charges.
#4 More Comfortable Service
Loan providers tire you by calling you to their office again and again for any remaining formalities. As they themselves aren’t dealing with any travelling troubles, they don’t take care of yours. But when you opt for PNB Housing home loan, you will get doorstep service, as well as a relationship manager. So whenever you encounter any issues, you can contact them directly without any worries.
#5 Better Transparency
The only thing you want with your loans is transparency. If your provider doesn’t give you all the information regarding your loan, you will end up getting stuck with the plans you didn’t want. But PNB Housing ensures that you get complete transparency with any type of home loans. So you don’t feel cheated afterwards.
Conclusion
Now that you know how beneficial PNB Housing can be for your home loan requirements don’t waste any more time and contact them right away. You can also check out the online facility of home loans, which will make your work more convenient.
