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.
Shaadi.com, bharatmatrimony.com plan to offer marriage loans
Future Group CEO Kishore Biyani may make a foray into wedding finance. Following the lead will be leading matrimony portals like shaadi.com and bharatmartimony.com.Apnaloan.com Research Bureau
10 Oct 2007
Future Group CEO Kishore Biyani may make a foray into wedding finance. Following the lead will be leading matrimony portals like shaadi.com and bharatmartimony.com.
These matrimonial portals and Future Group are exploring options of providing similar financial services to their consumers, said media reports. The availability of this option has a huge value addition, so these portals are open for tie-ups with finance companies, including that of the Future Group.
According to industry estimates, the Indian wedding market is worth Rs 50,000 crore and is growing at 25 per cent annually.
Depending on the size and grandeur, a wedding can cost anywhere between Rs 5 lakh-10 crore.
Even overseas, there are personal loans available, but
no wedding loans, making this a unique concept.