Benefits of Applying Online
When Banks Compete, you win.
Apply for a Home Loan at ApnaPaisa and we will match your requirements with the best offers from our network of over 400 service providers. We will get a maximum of five providers to compete for your business. WHEN BANKS COMPETE YOU WIN. You can then decide which home loan is best for you based on:
- Lowest Interest Rate
- Lowest EMI
- No Pre-payment charges
- Lowest Processing Fees
- Maximum Eligible Loan Amount
- Mandatory Documents Required
- Lowest Processing Fees
Or any other factor that is important to you.
Negotiating Tips
1) If you have a good credit record and your income is sufficient to justify the loan you can negotiate on interest rates. You can also try and get Processing fees or legal or valuation fees reduced or completely waived.
2) If you go for a floating rate loan then pre-payment charges are not payable.
3) When interest rates are high and are expected to go down you should go in for a floating rate loan as it makes no sense to lock into high fixed rates or the so called Dual rate loans where rates remain fixed for a couple of years before shifting to regular floating rate loans. Please review this decision at least once every 6 months
4) Take term insurance and critical illness and accidental disability policy for the full loan amount to make sure you or your loved ones don't have to worry about loan repayment should you die or are disabled due to a critical illness or accident. You cannot be forced to buy this policy from the insurance company chosen by the lender - you should choose your own insurer.
Shobha Developers enters into MoU with Kerala for Rs. 5, 000 crore township
Shobha Developers Ltd has entered into a memorandum of understanding (MoU) with the Kerala government to set up a Rs 5,000-crore hi-tech cityApnaloan.com Research Bureau
21 Aug 2007
Shobha Developers Ltd has entered into a
memorandum of understanding (MoU) with the Kerala government to set up a Rs 5,
000 crore hi-tech city here. Mint reports that the project will create 75,000
direct jobs and provide 600 apartments for free to the poor.
This 400 acres city, dubbed Shobha Hi-tech
City is set to provide utilities such as electricity, gas, water, sewage and
communications.
The project will create an integrated city with a
focus on research and development, knowledge dissemination, information
technology and pure and applied sciences, the builder said.
It will have a 7 million sq. ft knowledge
park, retail shopping malls and avenues, hotels, resorts, residential complexes
and a marina.