Whether you’re looking to purchase, construct, or renovate a home, the SSKREA will help you to get eligible loans from various banks at a very nominal service charge of 1% of the loan amount up to 50 Lakhs & NO CHARGE for the loans above 50 Lakhs (**subject to having all valid documents as per the respective banks), SSKREA is the one-stop solution for your housing loan needs from Banks. You can get finance easily, with simple eligibility terms and a minimal requirement for documentation. You can also refinance your existing home loan through the Balance Transfer facility and avail a top-up loan when doing so. There are multiple Banks/Financial Institutions to get your housing loans done through;
- LIC of India
- HDFC Bank
- Axis Bank
- ICICI Bank
- Punjab National Bank
However, you can go for any loans as it suits your requirements;
- Home Loan
- Mortgage Loan
- Transfer Loan
- Top-up loan
Tips When Borrowing Money from Lending Companies
- Continue saving money while repaying your debt at the same time. You may set aside emergency funds or you can also prepare an estimated amount that you might need to spend for the next 3 months.
- Find the lending company with the best interest rates because high-interest rates are not good when it comes to repayment, and a person may have a difficult time getting out of being in debt.
- Don’t forget to read the fine print on the documents because this is where most of the important details and conditions are hidden.
- Prioritize your creditors and always pay on time because missing a payment schedule may have an effect on your credit record.
- Loans are not free money—always remember that you are only borrowing money for important reasons, and you are still required to pay the company back for the amount that you borrowed, plus the interest rates.
- Don’t extend loans too far that the amount will grow due to the interest rate and never borrow more than you can payback.
