Home Loans and Why Diwali is the Best Time to Get One
Investing in a home is a great way to secure a better financial future that’s free from rent. So go ahead, apply for a Home Loan this Diwali and reap the benefits.
Builders provide a variety of offers during Diwali because they know that it’s the most auspicious time for most buyers to purchase a home. Discounts of up to 10% are common, but some builders are even willing to waive off ancillary expenses like stamp duty fees and floor rise charges. If you’re buying an apartment with a clubhouse in its complex, you may even be exempted from paying the customary membership fee. And these perks aren’t affected by your Home Loan Eligibility, so you won’t need to provide any loan documents before benefiting from these offers. With Bajaj Finserv, you can apply for a loan online that can be quickly approved and comes with low interest rates.
A Great Time to Furnish Your Home
Diwali is a cost-effective solution to expensive furniture. During the festive season, retail-store owners are up to their necks in business, and looking for more. So they begin rolling out the offers. People increase the frequency of their shopping visits during this time, and store owners take advantage of this by giving them more reasons to come back. They reduce prices, provide discount schemes, and even attach free merchandise to a product. So if you want to furnish your home and save money simultaneously, Diwali is the right time to do it.
A Fresh Beginning
According to custom, Diwali signifies the beginning of a new year. It’s a fresh start to life and holds the promise of a long and prosperous future. Your Home Loan can offer you the same prospects. Start life anew by buying a home during Diwali. You can move your family into a new location, maybe even one that’s in close proximity to your children’s school. A fresh start might just be what your family needs to knit itself tighter bonds.
Rate of interest on Home Loan are relatively lower than the rates on most other loans. They also carry lengthy tenures, and repayment periods often run to over a decade. This makes settling the debt a lot less troublesome, as EMIs are low and can easily be factored into your monthly budget.
Another Factor to Consider
Most borrowers think of Diwali as the ideal time to take a loan. Its connection to growth and prosperity makes it an auspicious season to buy a home. Banks and lending institutions, like Bajaj Finserv, take advantage of this by providing Diwali offers on Home Loans during this period. You can opt for a loan that comes with features like part prepayment facility and nil foreclosure charges to make your Home Loan acquisition process even smoother. If you are looking to purchase a ready-to-move-in home, you can opt for the Home Loan + facility from Bajaj Finserv. This affords you a separate amount to spend on fixtures and fittings in your new home.
So if you’re looking to buy property this festive season, go ahead! Let the festival of lights illuminate your new home and bestow upon it everlasting prosperity.