Pune is the second largest city of Maharashtra and the ninth most populous city in India. Over the years, Pune has evolved into a major industrial zone and has become a reflection of the flourishing economy of Maharashtra. Consequently, the city is witnessing rapid real estate growth, with demand specifically in the commercial IT hubs, owing to the growth in the IT sector in Pune. If you are looking at buying a home in Pune, you will be overwhelmed by the numerous housing options. Right from affordable 1-BHK, 2-BHK to luxury housing, Pune offers it all. Whether you want to buy a home for living in or for investment purpose, Pune has earned a reputation for providing stable returns on investment and handsome rentals. The type of property that you intend to buy, will depend upon your budget. There are homes available in Pune from starting from INR 35 Lakhs to INR 15 crores. Numerous banks and NBFCs offer home loans in Pune for buying various types of properties.
Localities like Bibvewadi, Central Pune and Koregaon Park are popular property buying locations for people from outside the city. This is because these areas have a well-developed infrastructure, many hospitals, schools and entertainment hubs. However, buying properties in these areas can be expensive. Alternatively, home buyers can also settle for areas like Hinjewadi and Magarpatta, which are close to IT hubs and other companies and also offer affordable prices. Regardless of the pricing, a home loan can help you secure your dream home in the locality of your choice. Given the high real-estate prices in Pune, securing a home in Pune has become quite an expensive affair. With Fiserv Markets, you can secure a home loan in Pune up to Rs. 3.5 crore.
· You must a citizen of India
· If you are employed, you must have at least 3 years of experience
· You must be aged between 23 to 62 years.
· You can apply for Home Loan for a Minimum of INR 10 Lakh and a maximum of INR 3.5 Crore
Since Pune offers numerous Home Loan options, choosing the right one can be confusing. Here are some tips that will help you choose the right Home Loan in Pune: -
· Read through the foreclosure norms carefully
· Pick a Home Loan with affordable interest rates
· Ensure that the Home Loan offer flexible repayment tenures
· Since Home Loans are a long term commitment, ensure to opt for affordable EMIs
· Check for any additional or hidden charges
· Read the loan documents carefully
At Finserv Markets, we understand the ever-growing demands of a budding metropolis like Pune. Our smart Home Loan options in Pune are designed to help you secure the home of your dreams at low-interest rates starting from 9.50%. Additionally, as our Home Loan customer in Pune, you can enjoy a host of unique benefits such as: -
· Home Loan +
The Home Loan+ is a unique feature offered with Finserv Markets Home Loans which gives you the option to avail an additional amount exclusively for buying fitting and fixtures that add a personal touch to your home.
· Balance Transfer with Top Up
Get a balance transfer or a top-up on an existing Home Loan at nominal interest rates without any extra documentation.
· Flexible repayment with Part prepayment facility
Save on interest expenses by availing our Home Loan Part Prepayment Facility. You can pay back a part of the loan in advance, however, the pre-payment amount should not be less than 3 EMIs of your Home Loan.
· No Hidden or Foreclosure Charges
With Finserv Markets, you don’t need to worry about any hidden charges for your Home Loans. Moreover, you have the freedom to close your Home Loan anytime without paying any foreclosure charges.
· Online Account Access
Get access to all information about your Home Loan through the Finserv Markets Digital Portal - Experia.
· Home Loan Insurance
Protect your loved ones from your Home Loan liability in case of an unfortunate event with customized Home Loan insurance.
· 3 EMI Holiday
Get 3 EMI free months, a unique feature that allows you to forgo the payment of 3 EMIs for the first 3 months. The cost of the first 3 EMIs is spread over the rest of your loan tenure. This helps you lower the initial costs of acquiring a Home Loan.