Aadhar Housing Finance is one of the leading housing finance companies. The home loans offered by this company help consumers from different income groups to buy or build a house of their own. Established in 2010, the company is operational across the country. Aadhar Housing Finance provides numerous types of home loans that meet the different requirements of the consumers.
What Kind Of Home Loans Does Aadhar Housing Finance Provide?
Aadhar Housing Finance offers a wide range of home loans that cater to the different needs of the consumers. Some of the home loans offered by the company include the following: · Loans for purchase of a house or flat · Loans for construction of house · Loans against property · Loans for the renovation of house · Loans for balance transfer · Loans for top-up The company also offers housing loans for industrial workers, self-employed professionals, salaried employees, and NRIs. So, no matter what your income group is, Aadhar Housing Finance has a home loan that will suit your needs.
How Can Consumers Apply For Home Loans using Aadhar Housing Finance?
There are a few ways that consumers can apply for a home loan with Aadhar Housing Finance. One way is to visit the company’s website and fill out an online application. Another way is to visit a branch office and speak to a loan representative in person. There is also an option to call the company’s toll-free number and speak to a representative over the phone. Whichever method the consumer chooses, the loan application process is simple and easy to follow.
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What Are The Different Repayment Options For Aadhar Housing Finance Loans?
Aadhar Housing Finance offers different repayment options to its consumers to make it easy for them to repay the loan amount. The company offers a flexible repayment tenure of up to 30 years, which helps the consumers to repay the loan amount in easy monthly instalments. In addition, the company also offers a moratorium period of up to 6 months, which helps the consumer to delay the start of the monthly repayments. The company also offers a rebate of 0.50% on the interest charged on the home loan, if the consumer opts for a convenient repayment tenure of up to 15 years.
What are the Features and Benefits of Aadhar Finance Housing loans?
The following are the advantages and benefits of Aadhar Housing Finance house loans:
- Individuals and couples can apply for the loan alone or together
- Under the Pradhan Mantri Awas Yojna, applicants can get a housing loan subsidy.
- Customers can select loan terms of up to 30 years.
- Private employees, 3rd and 4th grade government officials, teachers, and police officers, among others, are eligible for the loans.
- A monthly salary of at least Rs.5,000 is required to apply for Aadhar Housing Finance house loans.
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What Are The Advantages Of Aadhar Housing Finance Loans?
Aadhar Housing Finance offers a variety of home loans to consumers across India. The company understands that everyone has different needs and hence offers various types of loans that cater to the needs of individuals from different walks of life. Some of the advantages of availing a loan from Aadhar Housing Finance included.
How Does Aadhar Housing Finance Track Loan Eligibility?
Aadhar Housing Finance follows a simple yet efficient process to track loan eligibility. The company’s website has an easy-to-use online loan application form that the applicant can fill out and submit. The form is then verified by the company’s team, and the applicant is contacted by the company’s representative. The applicant is then required to submit documentation that verifies their identity, residence, and income. This information is verified by the company’s team, and the applicant is then approved for a home loan.
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What is the Aadhar Housing Finance Loan EMI Calculator
Before applying for a loan, you should know whether the EMI would fit into your budget. Ideally, your EMIs should not exceed 40% of your monthly income. A higher EMI can dramatically raise your responsibilities and the likelihood of default. On their official website, Aadhar Housing Finance provides an online EMI calculator to help consumers obtain an approximation of the cost before acquiring the loan.
The following are the procedures you must take to obtain the EMI calculator:
- Visit the official website of Aadhar Housing Finance at https://aadharhousing.com/.
- Navigate to the menu bar and choose ‘Ready Reckoner.’
- From the drop-down option, choose ‘EMI Calculator.’
- It’ll take you to the EMI calculator page.
- Enter information such as the loan amount, interest rate, and loan term.
- To calculate the EMI amount, click the ‘Calculate’ option.
- You may reset the fields and input new information by clicking ‘Reset.’
Aadhar Housing Finance offers low-interest home loans to its customers. The company provides a number of repayment options and you can choose the one that best suits your requirements. Aadhar Housing Finance has an easy loan eligibility process and you will not face any problem in getting the loan approved as long as you meet their basic requirements.
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