Purchasing a home in Pune can be an exciting experience. Whether buying your first property, looking for a second home, or planning to invest in real estate in Pune, securing the right Home Loan is crucial. The most trusted name in the housing finance industry is SMFG Grihashakti Home Finance, a leading Home Loan provider that offers solutions tailored to your specific needs. Here are reasons why they are the ideal partner for your Home Loan journey in Pune:

• Competitive interest rates

They offer Home Loans in Pune starting from 10% per annum, a highly competitive rate in the industry. With affordable interest rates, you can ensure your monthly EMI remains within your budget.

• Loan amounts

Whether looking for a cosy apartment in Koregaon Park or a spacious bungalow in Kalyani Nagar, they provide Home Loans up to 90% of the value of your property.

• Repayment tenures

Repayment of your Home Loan should not be a financial burden. SMFG Grihashakti Home Finance offers flexible Loan tenures of up to 30 years. You can choose a duration that fits your financial situation.

• Processing fees

They are known for their transparent approach to fees. The processing fee is generally up to 3% of the Home Loan amount and is applicable at the time of disbursal.

Easy eligibility criteria

SMFG Grihashakti Home Finance has simple and easy-to-meet eligibility requirements. Whether you are salaried or self-employed, you can easily qualify for a Home Loan by meeting the following basic criteria:

• You must be at least 21 years old at the time of application and not older than 65 years at the time of Home Loan maturity.
• Your CIBIL score should be 700 or more.
• Salaried individuals working in government organisations, private sector companies, or MNCs are eligible, as well as self-employed individuals, business owners, and professionals.
• Businessmen, sole proprietors, and professional business owners such as doctors, chartered accountants and architects can apply for a Home Loan in Pune.  

These accessible criteria make it easier for Pune residents to start their home-buying journey.

Application process

Applying for a Home Loan in Pune with SMFG Grihashakti Home Finance is a straightforward process. Here is how you can get started:

1. Review the essential eligibility criteria to ensure you qualify for a Loan.
2. Provide all the necessary documents. They have minimal documentation rules. You need to provide proof of identity, proof of residence, proof of income, property documents, etc.
3. You can either apply online through their website or visit a branch in Pune for personal assistance.
4. They assess your application, including your credit score, income, and property details.
5. Once approved, the Home Loan amount will be disbursed within 72 hours.

Conclusion

Choosing the right Home Loan is a crucial step in the home-buying process. With SMFG Grihashakti Home Finance, you can access competitive interest rates, flexible Loan tenures, and a range of Home Loan products that suit your needs.