Three benefits of getting an e-home loan - PowerPoint PPT Presentation

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Three benefits of getting an e-home loan

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E-home loans are defined as home loans that are applied for, processed and approved or rejected online itself. Even the disbursal of these funds happens into an online account. These home loans do not require you to repeatedly travel to and visit a range of lenders and banks, as is true for traditional loans. – PowerPoint PPT presentation

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Title: Three benefits of getting an e-home loan


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Three benefits of getting an E-Home Loan
2
  • E-home loans are defined as home loans that are
    applied for, processed and approved or rejected
    online itself.
  • Even the disbursal of these funds happens into an
    online account.
  • These home loans do not require you to repeatedly
    travel to and visit a range of lenders and banks,
    as is true for traditional loans.

3
  • These home loans can be applied for from the
    convenience of your home, thereby giving
    borrowers a hassle-free experience. 
  • E-home loans have been introduced in a bid to
    boost the number of borrowers for home loans.
  • They provide convenience and ease of access,
    which is perfect for working class people who
    dont have a lot of free days to visit the bank
    that are usually required to get a traditional
    home loan.

4
  • Another benefit of applying for home loan online
    is that you can get to see all the offers and
    different interest rates that are available out
    there all in one place.
  • This way you can make a better decision as to
    which offer is best suited for you.

5
If you want to know why everyone is raving about
e-home loans, then here some if the key benefits
of e-home loans that make them so amazing.
6
Simple, Easy and Convenient
  • One thing that a traditional home loan required
    is time. Its a long process that can take up
    months of your time.
  • E-home loans are instant. You only need to spend
    a little more than an hour filling out your home
    loan application online and everything from the
    approval to the fund transfer happens online.
  • Vendors have home loan eligibility calculators on
    their sites so you can even check whats is the
    best amount for you to apply for.

7
Fast Processing
  • When you apply for a traditional home loan, you
    have to submit a number of documents, in order to
    prove that youre eligible for the home loan.
  • With e-home loans you get a home loan eligibility
    calculator on the vendor website where you can
    check your eligibility yourself.
  • Even the processing of your documents, that you
    submit online are processed faster than in
    traditional home loans.

8
Speedy Sanction and Disbursal
  • Even the sanction of your e-home loan and the
    disbursal of the loan amount into an online
    account is much faster than going through the
    traditional way.
  • The system has been designed to ensure that all
    loans are accepted or rejected in a quick
    fashion, without wasting any time of both, the
    vendor and the borrower.

9
Thank You
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