Home Loan Consultants in Dhamtari

Chanakya Finance Services is the fastest growing company of Home Loan Consultants in Dhamtari providing loans at attractive interest rates with a hassle free process and in a short time.

Buying a home is a biggest invest in this 21st century and also a dream of every family own house but the growing property rates and lengthy paper work of loan makes it difficult for families to have their own house.To overcome this problem Chanakya Finance Services has come up with easy home loan process and guided the best loan which is suitable for you.We provide doorstep services and less documents which eventually saves your time.

Key Features of Loans Purchases by Home Loan Consultants in Dhamtari

Here is the list of features which you get with loans by the reputed Home Loan Consultants in Dhamtari

Attractive interest rate
tax benefit on home loan
amortization schedule
associated with Banks and NBFC
Loan for flat,house or bungalow
Hassle free process

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Less Documents of Loans by Home Loan Consultants in Dhamtari

Home Loan process can be a lengthy and hassle process with a lot of documentation and paperwork. Chanakya finance service knows the importance of your time that’s why we offer a quick home loan with less documentation which eventually makes us the leading Home Loan Consultants in Dhamtari.

Our less documentation process is designed to reduce the paperwork required for a home loan application, while still ensuring that we have all the necessary information to process your loan. With our process, you'll need to provide fewer documents and spend less time filling out forms, which means you can get approved for a home loan faster.

Services

About us

Chanakya Financial Services is a one of the most reputed financial companies and has an expertise of 20+ years and more in the field of finance. Incorporated in 2006. We are bound to provide all the listed services keeping our customer and their requirement in mind.

Chanakya Financial Services

Attractive Interest Rates by the Best Home Loan Consultants in Dhamtari

While taking home loan interest rates can be a significant expense which restricts many families to take home loans and day by day the interest rates of flaunting but with Chanakya Finance Services all your home dreams are fulfilled as we are offering attractive interest rates to our customers which made us the best Home Loan Consultants in Dhamtari.

Apart from interest rates we also offer guidance related to the type and duration of home loans so that you get a loan which is suitable for you.So if you are looking for a good home loan Consultants then Chanakya Finance Services is the best option.

Why Choose us the Best Home Loan Consultants in Dhamtaris

Here are list of reasons to choose Chanakya Finance Services the leading Home Loan Consultants in Dhamtari

Trusted firm in Dhamtari
Transparent and honest services
Convenient and accessible services
Less paperwork
Quick and reliable services
Ethical business values
Guidance for choosing right loan

Frequently Asked Questions (FAQ) :-

Q :- What is a Home Loan?

Answer :- Home loan is a loan disbursed by a financial institution for purchasing residential property whether for self-occupation or rental income purposes. Here, the lender holds the title of property (as collateral) until the loan is paid back in full along with interest. It is generally for a longer tenure of somewhere between 5 and 25 years as the amount is of higher value which takes time to get repaid.

Q :- What is floating rate home loan?

Answer :- If the interest rate on the loan varies during the loan period due to fluctuations in market conditions then it is called floating rate home loan. For instance if the Reserve Bank increases loan rates, then people with flexible rate home loan will suffer an increase in the amount of EMI being paid for the particular loan.

Q :- What is a fixed rate home loan?

Answer :- Fixed rate home loan is at a predetermined interest rate during the loan period, irrespective of market conditions.

Q :- What is reverse mortgage?

Answer :- A reverse mortgage is for senior citizens (above 60 years of age) to apply for a loan and avail 60% of the value of the residential property he resides in and retain the right to continue to reside there. The maximum tenure for this loan scheme is 15 years.

Q :- Is there any tax benefit on getting a home loan?

Answer :- The tax benefit on home loans is given both on repayment of the principal amount and on interest paid:

Repayment of the principal amount - Under Income Tax Section 80C with a maximum tax deduction of Rs. 150,000.
Repayment of the interest rate on home loan- Under Income Tax Section 24, with a maximum deduction limit of Rs. 200,000.

Q :- What is an amortization schedule?

Answer :- Amortization is a break-up that shows the proportion of principal and interest payments for each EMI paid on a loan along with the amount outstanding after each payment, till the loan balance reaches zero.

Q :- What is EMI? How is it calculated?

Answer :- An equated monthly installment (EMI) is the amount of money that is paid back to the lender on a monthly basis. It is essentially made up of two parts, the principal amount and the interest on the principal amount equally divided across each month in the loan tenure. The EMI is always paid up to the bank or lender on a fixed date each month until the total amount due is paid up during the tenure.

Q :- What’s the maximum amount that I can avail for a home loan?

Answer :- The amount of loan you can avail depends multiple factors such as your salary, education qualifications, employer/business, years of experience, growth prospects. Generally, most banks use 30-40% of your gross monthly income as your loan EMI amount to decide what amount of loan to give you.

Q :- Why should I choose 'Chanakya Financial Services' for Home Loan Consultants in Dhamtari?

Answer :- 'Chanakya Financial Services' is a trusted name for Home Loan Consultants in Dhamtari. Our experts have in-depth knowledge of local real estate markets and can guide you through the entire loan process.

Contact us at

rishikesh.pandey@rediffmail.com or give us a call +91-9926104626

If you still have more queries or any doubt that need to be addressed, don't worry we are always there you, please contact us today.