Home Loan Procedure
Over the years, home loan procedure has gone through tremendous change with increasing competition among public and private Banks and Housing Finance Corporations. Many lenders (கடன் வழங்குபவர்கள்) may offer you freebies and entice (சேர்ப்பதற்கு) you to take home loan from them. However, you should be aware of theirs tactics. You will be better prepared to handle your home loan if you know the entire procedure beforehand. There are several steps in the Home Loan Procedure in India. In this guide, we will take you through the entire process of home loan step-by-step. Home Loan Procedure 1.Compare Interest Rates (வட்டி விகிதங்களை ஒப்பிடவும்) The very first step in the home loan procedure is to compare interest rates online. BankBazaar is a good resource to compare home loan interest rates. Needless to say that you should go with the lowest interest rate. Tip – Some Banks may offer a much lower interest rate for initial 1-3 years and then interest rate will i...