Home Credit Instant Loan App: A Fast and Convenient Way to Get the Money You Need


home loan

Last updated on October 1st, 2022 at 12:30 pm

When we all hear the word ‘Loan’, automatically, several rounds to the financial institutions and days of processing come to our mind. But thanks to technology and easy access to the internet, getting a home loan is as easy as ordering food nowadays. One simply has to download a home credit instant loan app on their smartphone, and after a few taps, a home loan is approved.

Now, many people won’t believe it but trust me, last year, when I was looking for the same, I got it easily on my smartphone only while sitting at home. Thanks to the Bajaj Finserv application that offers such a facility.

What is a home loan?

It is a credit facility provided by banks and NBFCs (Non-Banking Financial Companies) to those planning to buy a house or land, build a house on their owned plot, or for the renovation of their residence and maintenance needs.

When an individual goes for a home loan, they mortgage their property to the lender. Further, each month, a portion of the principal amount, along with interest, is paid through EMIs (Equated Monthly Installments). Notably, it is pertinent to mention that both the interest and principal components qualify for a tax deduction.

It is essential to know that one gains complete ownership of the property after the end of the tenor.

How to get a home loan?

Getting a home loan is no big task if you are on the right track. One home credit instant loan app paves the way for you. Now, for your better understanding, I’ll share how I availed it.

  1. Download the Bajaj Finserv application from the Play Store (Android) and App Store (iOS).
  2. Sign up with your personal details.
  3. On the home page, you’ll see a ‘Loans’ icon on the top.
  4. Click on it and go to the Home Loan section.
  5. Follow the step-by-step procedure, and you are good to go.

Many people, who plan to invest in real estate, tend to make their dream a reality much faster by going for a home loan. However, it is a well-known fact that when an individual plans to build their dream home, most of the time, they are not willing to go ‘all-in’ at once. This is where a home loan steps in. 

Now, don’t consider a home loan from a home credit instant loan app is not easy money lent by a financial institution as it is mandatory to be eligible for a home loan. And there are certain factors that come into play for home loan eligibility.

The cost of real estate in India is increasing with time, and to be a homeowner in the current times, one usually has to avail of a home loan. So, if you plan to attain the keys to your dream home, go for the Bajaj Finserv application. Due to the easy accessibility and pros that come with it, it is highly recommended.


sanket goyal

0 Comments

Your email address will not be published.