Realvalue Finloans Service - Largest DSA in India

info@realvalue.loans
+91 98201 42630
| Mon to Sat, 10am to 8pm

Home
About Us
Services
- Construction Finance
  
  Real Value offers Construction Finance to Real Estate Developers for projects in select cities.
  Read more
  
  Loan Against Property
  
  Aspirations to continually grow/expand one's business are what define most businessmen.
  Read more
  
  Unsecured Business Loan
  
  Grow your small firm or large-scale company with business loans from HDFC Bank.
  Read more
  
  SME Loans
  
  At Real value, we understand how important investment is to ensure that businesses reach their full potential.
  Read more
  
  Life Insurance
  
  Everyone knows why life insurance is important, but many of us choose to ignore the reality of what would happen if we were to die suddenly without the proper protection.
  Read more
  
  Home Loan
  
  They say your home is where your story begins. At Real Value, we pride ourselves in helping you begin this story as conveniently as can be.
  Read more
Branches
Blogs
EMI Calculator
Contact Us
Pulse

Home Loan

Introduction

Real Value FinLoan Services Pvt. Ltd. is one of the leading companies across India to offer Home Loans to prospective Home buyers. We at Real Value FinLoan understand that buying a home and building it, is more or less a once a lifetime event and we pledge to make the process towards this event, a hassle free one. The rates at which we offer Home Loans will be one of the lowest you will find in the market, as we are associated with top notch leading banks and NBFCs.

However, the interest rate for home loan depends on a lot of factors like your total loan amount, your profession, maximum period of repayment etc.

Home loan is given to entities who are interested to purchase or to construct a house. It works as a medium for those who are not able to provide the full cost of that property. When a home loan is provided to the consumer there is an interest charge that has to be paid to the bank monthly. For the eligibility of the home loan, consumer has to provide a property which is equivalent to the value of the home loan. To specify, the property is mortgaged to the bank as a security till the repayment of the Home Loan is done. When the repayment of the home loan is done to that bank or the financial institution, then once again the deed will be transferred back to that respective client.

A home loan can have fixed or a variable interest rate

Home Loan with Real Value FinLoan is available for

Purchase of Flat or House

This is the most common type of home loan. Real value provides loans to those clients who want to buy a new residential property or old residential property.

Home Improvement

These loans are taken that individual who wishes to renovate their existing home.

Home expansion/Extension loans

These are the loans taken by that individual who isinterestedin theexpansion of their particular property. Expansion can include construction of the new room, a floor, balcony, etc. Real Value will sure help you out here.

Home Loan Transfer

A loan is taken from one bank by the client and wishes to transfer that whole loan to another bank. Generally, costumers who are not satisfied with the ongoing bank services opt for this kind of loan. If you paying EMI for your Home Loan which is significantly more than Rs. __________ per lakh of the loan amount, then it is time to transfer your loan to another bank. We, at Real Value, can assist you with this

Why Real Value

Doorstep service

Sanctions for Loan in record time

Skilled and Trained team

Transparent process

No hidden costs and administrative charges

Home Loan Experts to guide you through the entire process right from choosing the best offer, to applying as well as to disbursement as well

Very large network of tieups with banks and NBFCs so as to get you the lowest interest rate possible

Eligibility

Applicant should be a citizen of India
Should be occupying his current place of residence for a minimum of 3 years in the city
Applicants should atleast be 24 years of age
Form-16 issued by present employer.
If the applicant is self employed, he should be in the business for atleast 3 years, if he/she is salaried, he should have minimum 3 years of Work Experience

Document required

Home Loan for Salaried individuals

Photo Applicant & Co-Applicant.
Proof of identity (PAN Card) or residence Applicant & Co-Applicant.
Latest salary slips.
Form-16 issued by present employer.
Bank statements of six months.

Home Loan for Self-employed Professionals

Photo Applicant & Co-Applicant.
Proof of identity (PAN Card) or residence Applicant & Co-Applicant.
Business and Office Proof.
Educational qualification certificates, degrees, diplomas, and other academic credentials.
IT Returns of the three years preceding the one in which loan is applied for.
Bank statements of last one year.

Home Loan for Self-employed Businesspersons

Photo Applicant & Co-Applicant.
Proof of identity (PAN Card) or residence Applicant & Co-Applicant.
Business and Office Proof
Proof of existence of business.
Detailed business profile.
Profit and loss sheet and balance sheets of the company for the three years.

Home Loan Tax Benefit FY2018-19, AY2018-19

Tax Benefits	On Principal Repaid	On Interest Paid
First Home – Self Occupied	Actual principal repaid subject to a maximum of Rs. 1,50,000 (Rs. 2 lakh for senior citizens) can be claimed as investment eligible for tax deduction under section 80C.	Actual home loan interest paid subject to a maximum of Rs. 2 lakh (Rs. 3 lakh for senior citizens) if house construction completed within 5 years from the end of the financial year in which loan is taken If construction of house not completed within five years then Rs. 30,000 is tax exempt Additional exemption of upto Rs. 50,000 on interest paid for loans upto Rs. 35 lakh with cost of home upto Rs. 50 lakh.
First Home – Rented/ Vacant (deemed to be let out property)	Upto Rs. 1,50,000 (Rs. 2 lakh for senior citizens) eligible for tax deduction under Section 80 C. The deduction is available only if the property owner is staying in a different city for work.	For current assessment year 2018-19: Exemption on interest has been capped at lower of two, a) Rs. 2,00,000 or b) actual interest paid for all properties owned by a tax payer.
Second Home or Additional Property	None	For current assessment year 2018-19: Exemption on interest has been capped at lower of two, a) Rs. 2,00,000 or b) actual interest paid for all properties owned by a tax payer
Under Constrn.	None	The interest paid can be claimed in equal parts in five financial years post completion or handing over of property within the overall annual limit of Rs. 2 lakh.

Call Us Whatsapp Email Us