Repco Home Finance Ltd
Repco Home Finance Ltd is housing finance company registered with the National Housing Bank head quartered in Chennai
ADVANTAGES OF OWNING A HOME – Repco Home. A home is a place where happiness exists.
It brings a sense of security and comfort. Looking at the other side, many people struggle with the decision of buying a home or renting one. This article will help in giving you a clarity about the advantages of owning a home. You are in control when you have a home of your own. There is no owner and you can renovate or update your home with the latest developments as per your desire. On the other hand, when you buy a house make sure that your chosen property meets your expectations. If you are to live in a particular city for long period of time it makes sense to buy a house so that you have a feeling of belongingness and permanency. If you are looking for a loan to buy a home or for construction loan to build a new home or looking for a Home renovation loan to repair or extend rooms in your ancestral property visit us www.repcohome.com or mail firstname.lastname@example.org. HOME GARDENING TIPS – Repco Home. Many of us want to contribute to the environment by cutting out plastics, using biodegradable bags, growing our own plants, etc.
Cultivating your own vegetables in your home and consuming it is the healthiest way to eat now. Things to know if you are looking for a Home Construction Loan – Repco Home. Few tips for first time Home buyers – Repco Home. If you are first time homebuyer here are a few things you need to consider: Personal Needs: Considering the number & age of the members in the family and privacy required you can decide on the number of bedrooms required.
Home Needs: Check for the necessary essentials stores nearby like a super market, medical store or such shops which cater to your day to day survival. Though online Apps are available the Pandemic has taught us what works and what not. Mobility Needs: Based on the employment needs, education needs and medical needs of family members choose such locations which will help reduce the travel costs and as well have easy access to alternative transportation access. Some people quickly decide that based on the working locations we choose this and forget that half the month they are travelling. Advantages of Joint Home Loan – Repco Home. Joint Home loan is considered to be advantageous in many aspects for the borrower(s).
At times, which could have been rejected single handedly would get approved because of the co-applicant. While this is not mandatory it offers multiple advantages. Check list for those who are applying for a Home Loan. Vid1 (1) Looking to buy a home now? – Repco Home. For many first-time home buyers, this pandemic would have come as a jolt.
Tips for First time Home buyers. What to do to avoid home loan rejection – Repco Home. Buying a home is a dream for everyone.
The ache of owning a home, lives with every one of us. The sooner you buy, the pressure on other commitments eases. Go for a home loan when you are young before other commitments squeezes your cash in hand or impact your credit scores. While they do put in a small margin of investment as downpayment and eighty to eighty five percent of the cost of a home or apartment is financed by loan providers. With less down payment and a major part being financed, a home loan application rejection means doom to your dreams. Budget Homes: The Pandemic Effect – Repco Home. In the wake of the pandemic and with WHO openly announcing that there is no silver bullet available, the Corona virus is here to stay.
This means a complete transformation of our Lifestyle. The ‘Work from Home’ is here to stay and many companies are giving away real estate in exchange for ‘Work from Home’ and are looking to save huge spend on real estate, maintenance, employee transport & other expenses which follows. They would maintain this till their balance sheets return to the old form even if the pandemic ends. On the other side of the spectrum are the employees. ‘Work from Home’ is a new culture and has its own merits & demerits but it is here to stay. This trend is leading to a new demand of budget homes.
Also there is a segment of those living in affluent PG accommodations who work with large corporate companies. Even with small savings they are looking at constructing a house or expand their existing house in their inherited land or property. What is an EMI? – Repco Home. An EMI is an equated monthly instalment.
An EMI is an outstanding loan spread across a stipulated tenure. This part becomes the monthly payable by the borrower throughout the stipulated time frame. The EMI is dependent upon various factors such as: Principal amount borrowedRate of interest (fixed or floating)Loan tenureMonthly or annual resting period. All you wanted to know about Pradhan Mantri Awas Yojana – Repco Home. THE Pradhan Mantri Awas Yojana is an ambitious initiative of the Government to provide shelter to the poor and weaker section of our society.
“Pradhan Mantri Awas Yojana is a significant step in making the dreams of the poor come true” are the Prime Minister’s words. While the PMAY aims at achieving shelter for everyone by 2022 through various schemes, one of the key components of the scheme is the Credit linked subsidy which offers subsidy on home loans for different sections of the society. The benefits of the scheme is available only for those who don’t own a home and fall under certain income category classification. EWS – Economically Weaker Section: The annual household income should be upto Rs. 3 Lakhs LIG – Low Income Group: The annual household income under this category should be above Rs. 3 Lakhs and upto Rs. 6 Lakhs. MIG – Medium Income Group: This groups is further classified into two categories MIG 1 and MIG 2. Eligibility Criteria: Repco Home Finance - Home Loan Process. Easy HOME LOAN with REPCO HFL – Repco Home.
The Ongoing economic and health crisis on account of COVID -19 pandemic has created adverse impact on all hopes and dreams of not only commercial establishments but also among general public.
We understand that we are all in same pandemic tornado and the ships in which we are travelling are different. The invisible virus that holds dominion over the world has left no stones unturned prompting all the levels of Government, Industries especially Manufacturing & Real estate, Financial Institutions like Banks, HFCs, NBFCs etc to take urgent steps for protecting the survival of their own establishments as well as to support the livelihoods of their beloved patrons thereby trying their level best on their part to control economic slippage.
We always believe that with every adversity there lies an opportunity and we go by suggesting the same to our enquirers. Loans Offered by Repco Home Finance – Repco Home. Repco Home Finance Ltd (RHFL) is a professionally managed housing finance company registered as a housing finance company with the National Housing Bank (NHB). The salient and unique features of RHFL are Innovative Loan ProductsQuality ServicingTransparencyQuick ProcessingFocus on under serviced locationsRobust systems & ProcessExperienced Team With over 177 branches & SAT Centers spread across the length & breadth of the country & strong systems in place we have developed products to suit the needs of different customers. Repco Home Finance. Realize your dreams with us. Affordable home loans for Salaried individuals, Self-Employed and Individual Professionals starting from 8.75%. For further details call us at 1800-425-6070 or visit www.repcohome.com #RepcoHome #HomeLoan #HomeFi.