As is a known factor, the country is facing a dearth of land due to mounting population and also the growth of indigenous and foreign multinational companies. As such the rates of properties are increasing day by day and it has become very difficult for the common man to purchase/own a houses. In order to help the common man to purchase /own a house, many banks and financial institutions has come forward by way of lending loans with a nominal rate of interest. Thus these home loans are a respite for the common man/individual because they can avail loans from these banks and construct a dream house of their own. These banks/lending institutions not only lend loan for construction of houses but also for modification of houses. Since many banks/financial institutions are lending home loans, there is a cut-throat competition among the bankers/lending institutions and in order to woo the customers, they offer various schemes like free insurance/ discounts when the loans are paid correctly and on time etc. Some bankers/lending institutions also offer special schemes during the festive season and also instant home loans, so as to boost their income/sales graph.
Groups lending Home loans in Koramangala
Koramangala is significantly a well developed locality with many industries and software companies existing and is said to be a place of major commercial transaction and also and also houses posh houses and apartments. The area has developed at a very fast pace in the recent years and there are many people who have migrated from other places to this locality. Too meet the demand for residential complexes many banks/lending institutions have come forward and some of the major banks that lend home loans of this locality are:1. HDFC Bank
2. Axis Bank
3. State Bank of India
4. LIC Housing Finance
5. ICICI Bank Home loans
These banks lend home loans basing on the market value of the property or the registration value of the property. For more details/information about the availability of Home loans in Koramangala, one can log on to the website of www.propertykhazana.com.
Apartments, Flats and Property for Sale in Koramangala
Apartments, Flats and Property for Rent in Koramangala