Hyderabad is perhaps the fastest growing inexorable juggernaut when it boils down to real estate; it is an immutably huge prospect for IT professionals and the like to seek greener pastures here.
The reasons can be attributed to better infrastructure that is in lieu with not so exorbitant real estate prices to favorable climatic conditions and offers a wide gamut of opportunities to find one’s footing here, less traffic, lesser pollution rates and whatnot. But this fast growing city is not without its fair share of downsides and pitfalls.
A lot of government initiatives have personally set up cheaper and more reasonable real estate prices for its denizens and IT professionals. This salubrious economic advantage is why Hyderabad is growing by leaps and bounds across all arenas.
Let us get down to brass tacks now. Home loans. This word alone sets a feeling of fear and dread for unemployed and self-employed but doesn’t fear as now you have an entity to cater to all your home-loan needs. This quick stop is known as Bajaj Finserv. Now with RBI reducing its repo rate drastically, that is a must have incentive for better growth. Collateral free loans are also growing by and large and are being preferred for just and fair home loans.
But a few third party agents tweak their own prices, fool the common folk into buying their services which leads to astronomical interest rates and other losses. Don’t be fooled by their unscrupulous tactics.
Salient Features of Bajaj Finserv:
Pradhan Mantri Awas Yojana (PMAY) can be availed by first time homeowners or people who have just started investing in home loans. This feature has made it all the more seamless for amateur home owners and leads to huge returns on investment ratio. It keeps the morale of the homeowner high as well and encourages them to keep on investing judiciously. Your candidature will only be fulfilled if you have a sufficient annual income.
Refinancing is another quality that Bajaj Finserv has as one of its provisions. You can now, with your existing home loan, apply for a home loan balance transfer feature. This gets added to your repository and makes you more aware and abreast with regard to the practicalities for safer home loans applications.
The ability or the trait to top up or recharge in order to replenish your home loan and interest. This can be availed for up to a lump sum of RS 50 lakh to tend to miscellaneous home repairs and other subsequent affairs pertinent to one’s home.
A requisite pre-payment and foreclosure facility significantly ameliorates your interest rates and principal.
Are you bogged down by financial distress? Don’t fret as now you can opt for a service known as a tenor which implies the duration of time before a particular contract expires or is rescinded. This will help you make informed decisions as well.
Little to no credentials required. Yes. Bajaj Finserv curates and delivers your best home loan needs in such a hassle free manner that you will have to produce very little emoluments for the process to ensue.
Conclusion: With Hyderabad’s realty market skyrocketing in terms of prices and locations as well, it is better if you partake in the services of subscribers and bodies like Finserv to help you navigate the cut throat world of middlemen and whatnot.
