What is the eligibility criteria for availing a home loan in Ahmedabad?

The eligibility criteria for availing a home loan in Ahmedabad may vary depending on the lender, but typically include factors such as age, income, credit score, employment status, and the value of the property being purchased. It is best to check with the lender directly for specific eligibility requirements.

What is fixed rate home loan offered by banks?

A fixed rate home loan is a type of loan where the interest rate remains the same throughout the loan's term. This means that the borrower's monthly payments remain fixed, providing certainty and stability in the loan repayment process. Banks in Ahmedabad, including Moratorium Finserv, offer fixed rate home loans, and it is important to compare the interest rates and terms offered by different banks before selecting a lender.

What is the interest rate for the Home Loan?

The interest rate for a home loan in Ahmedabad can vary depending on various factors such as the lender, the loan amount, and the loan term. Typically, interest rates range from 6.75% to 9% for home loans in Ahmedabad. Moratorium Finserv and other lenders offer competitive interest rates, and it is important to compare interest rates and terms offered by different lenders before selecting a loan.

What is the difference between home loan and mortgage loan?

A home loan and a mortgage loan are often used interchangeably, but there is a slight difference between the two. A home loan is a loan specifically designed to help borrowers purchase a home. A mortgage loan, on the other hand, is a loan that is secured against the borrower's property. While both types of loans may be used to purchase a home, a mortgage loan is typically used for refinancing or when the borrower already owns the property and wants to take a loan against it. Moratorium Finserv offers both home loans and mortgage loans, and it is important to understand the differences between the two before selecting a loan.

Home Loan in Ahmedabad - Moratorium Finserv

Home Loan in Ahmedabad

Home Loan is a secured loan that can be availed to buy a property. Home Loan Agent Ahmedabad like Moratorium Finserv makes Home Loan in Ahmedabad available against the Property or collateral only that’s why it’s called a secured loan. Those who are salaried employees or Businessman or any earning person can avail the Home Loan.

Moratorium Finserv Home Loan Agent in Ahmedabad is a reliable and trustworthy source for those seeking financing for their dream homes. Our Home Loan Consultant In Ahmedabad offer customized solutions based on the individual's needs, considering their financial capabilities. With our expertise as Home Loan Provider In Ahmedabad in the industry, we guide our clients through the entire process and provide all the necessary information to help make informed decisions.

Home Loan in Ahmedabad can be availed for the purpose of New Property purchase like Flat, Tenements, bungalow, Land purchase, Plot+ Constructions etc.

Home Loan Provider in Ahmedabad

Generally, Home Loan Provider in Ahmedabad gives Home Loan for a period of 3 year to max 25 years. However, some of the banks/ NBFC can extend the tenure from 30 years to 35 years depending upon the customer's Profile/ Company category and CIBIL scores.

As Home Loan is a secured loan so risk lower the risk involved to the lending company so, they generally charge lower ROI and PF compared to an unsecured Loan, and the Commercial & charges depend upon the risk capacity of the customer’s overall Profiles. Let our Home Loan Consultant In Ahmedabad get you a home loan at the easiest conditions.

Feature & Benefits of Home Loan

Lowest ROI compare to Other unsecured Loans
Repayment tenure up to 30 years or max 35 years so, EMI would be lower
Zero Part payment & Foreclosure Charges
Fast Disbursement & Process
Max Top up for Home Renovation, Home extension etc.
Debt consolidation like CC payments or any other Loan closer and Reduce Higher monthly EMI burden
Transfer/ Switch your Higher ROI loan to Lower ROI banks/ NBFC
Overdraft facility available in-home loan/ Top up Loans- Interest will be charged in utilized amounts only.

Type of Home Loan

Fresh Builder Purchase Loan
Resale Purchase Loan/ Seller BT
Home Loan Balance Transfer
Plot + Construction Loan

Minimum Criteria Requirement for Home Loan

Age must be 23 years and Cibil score above 650+
Person should be working in Pvt ltd/ ltd/ LLP/ Partnership firm and proprietorship for salaried cases
Person should not have default or delay payments in any of the EMI in last 12 months

Home Loan ROI & Charges

Loan Amount	Rs. 10 lac- 10 Cr
Tenure	5 Year - 30 Years
ROI	7.50 % - 10 % (Floating)
Processing Fees	0.25% -2% + GST
Foreclosure Charges	Nil for Floating ROI (4% for Fixed ROI)
Part Payment Charges	Nil for Floating ROI (2% for Fixed ROI)

Document Requirement for Home Loan

Document	Salaried Person	Self Employed
ID Proof	PANCARD	PANCARD
Address Proof	Passport /Voter ID card / Driving License	Passport /Voter ID card / Driving License
Registration Proof	Company ID Card	GST Certificate / MSME Certificate/ Gumastadhara
Income Proof	Last 3-month Salary slip	last 12-month GST Return
Banking	Last 12-month Salary banking	Last 12 month Current & Saving bank Ac statement
ITR	Last 2 years ITR or Form 16	Last 2 years ITR along with computation of income, Balance Sheet and P & L Ac
Repayment Track Records	Last 12-month EMI banking or SOA of all live loans	Last 12-month EMI banking or SOA of all live loans
Legal Property Documents	Legal Master file including Sale deed copy	Legal Master file including Sale deed copy
Technical Property Documents	Approved Unit & Layout Plan	Approved Unit & Layout Plan

How will Moratorium Finserv Will help you with Home Loan in Ahmedabad?

As a Financial Service Provider, we will help clients to get Home Loan in Ahmedabad from various banks/ NBFC as we have a tie up with all the financial institutes/ Banks and have good relationships with them. We are able to provide faster processes and smooth services at the client's doorstep across all locations. (Pan India).

Due to the vast experience of our team as Home Loan Provider in Ahmedabad, we are able to provide service as per customer's requirement/Needs. We will suggest bank/NBFC to clients according to customer's profiles and financial eligibility & we help Clients to get the best offer from banks for Home Loan in Ahmedabad. That will solve clients’ financial problems and our motto is "Not to lend but to help".

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