With the rise in nuclear family culture and the real estate boom, owning a house of your own is in everyone’s wish list. Instead of dumping all your savings into a house investment and have nothing saved for your future, a home loan can help you ease the burden of a bulk investment and pay small and steady EMIs every month.
Home loans are designed all over the world in a matter that helps potential borrowers with the ease of owning a house and build their credit history. Canara Bank home loans have helped fellow Indians with the financial support they need to buy a dream home and fulfill their aspirations.
Canara Bank is over a hundred years old and was founded in 1906. Headquartered in Bangalore, Karnataka, Canara Bank is one of the oldest bank in India and has over 5000 branches and 9000 ATM's all over the country. With such a wide network, Canara Bank offers financial assistance not only to the metro cities but also the rural parts of the country.
Why people prefer Canara Bank Home Loans
Canara Bank offers one of the lowest interest rate for home loans. Their interest rates range between 9.55% to 9.65% per annum. Their processing fees is also very nominal, which is set at 0.50% and the loan tenure can be extended upto 30 years.
Canara Bank home loans application do not require any guarantor and there are no pre-closure charges as such. So whether you need a home loan for the purchase of a new home/apartment, construction of a house, house repairs, etc., Canara Bank home loans will be able to provide you the financial help you need to cover the costs.
Canara Bank also allows balance transfer for existing home loans from private sector banks and non-banking financial companies. There is minimal documentation required and the loan is processed quickly in the case of both balance transfers and new home loans.
Benefits of Applying Canara Bank Home Loan on Letzbank
Getting your home loans processed from Letzbank can fetch you many benefits. All loan applications that are submitted directly at Letzbank website get the benefit of service charge waiver.
Letzbank website displays all competitive loans is the most comparative manner that helps its customers to make a selective decision and find the best deal on loans. The easy application process and hassle-free selection of loans make Letzbank an extremely user friendly website.
You are also able to find Instant Quotes directly from banks at Letzbank, thanks to its partnership with all leading financial institutions. You are also able to use handy tools such as Letzbank’s EMI calculator, which is a detailed analysis of your monthly and annual loan break-up, including how much interest rate you will be paying.
You are also able to find information on your Credit Score online and also file your Income Tax Returns online. You can also make use of Document Locker facility that helps applicants to store their financial documents online, in a safe and secure manner.
Letzbank also provides the benefit of special offers and schemes that allows its users to make the best out of their existing loans, credit and debit cards. This is done in partnership with different retailers, financial institutions to provide additional benefits that are exclusive to Letzbank’s website. Check Your Eligibility