Home Loan Comparison
Axis Bank Home Loan vs Aadhar Housing Finance Ltd. Home Loan vs Grihum Housing Finance Home Loan
Introduction
When deciding on a home loan, Axis Bank, Aadhar Housing Finance Ltd., and Grihum Housing Finance are three of the leading options to consider. Each bank offers competitive interest rates, flexible repayment plans, and supports different property types. This comparison will break down their offerings to help you understand which home loan aligns best with your financial goals.
Bank Highlights
Axis Bank Home Loan
- Competitive Interest Rates
- Hassle Free Loan Balance Transfer
- No Prepayment Charges
- Transparent Processing
- Flexible Tenure
Aadhar Housing Finance Ltd. Home Loan
- •Home loans available without
- income proof
- Fast and transparent loan procedure
- Affordable EMIs
- Tax benefits under
- section 80C
Grihum Housing Finance Home Loan
- Comprehensive Solutions for Every Dream House
- Affordability at its Core
- Financial Freedom, Simplified
- Flexibility Tailored for You.
- Easy top up loans in future.
Disclaimer
The interest rates, maximum tenures, and other charges are subject to change, and it's advisable to check with our experts for the most current information.
Home Loan Calculations
Axis Bank vs Aadhar Housing Finance Ltd. vs Grihum Housing Finance Calculations
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Home Loan EMI Calculator
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Feature Comparison
Rate of Interest
When selecting a home loan from Axis Bank, Aadhar Housing Finance Ltd., or Grihum Housing Finance, interest rates play a crucial role. Axis Bank offers rates of 8.75% - 10.30%, attractive for those looking to minimise monthly payments. Aadhar Housing Finance Ltd. provides rates of 8.75-10.5%, which might offer better long-term financial benefits. Grihum Housing Finance has rates of 9.90% - 17.25%., offering flexibility for various borrowing needs.
Loan Tenure
Axis Bank extends loan tenures up to Max 30 Years, ideal for keeping monthly obligations low. Aadhar Housing Finance Ltd. allows loan periods up to Max 30 years, catering to borrowers seeking a balanced repayment timeline. Grihum Housing Finance offers loan tenures up to Max 30 years, perfect for those who prefer to clear their loan faster.
Maximum Loan Amount
Regarding the maximum loan amount, Axis Bank provides loans up to Upto 5cr, suitable for high-value property purchases. Aadhar Housing Finance Ltd. caps at Upto 5cr, fitting for standard housing investments. Grihum Housing Finance supports loans up to Upto 5cr, ideal for more affordable real estate acquisitions.
Processing Fees
Processing fees vary among the banks. Axis Bank charges 1% of the loan amount + GST or a minimum of Rs 10,000, Aadhar Housing Finance Ltd. imposes Up to Rs.3500 Plus Applicable GST, and Grihum Housing Finance requires 0.50% of your sanctioned loan amount. It's important to include these fees in your initial cost calculations when choosing the best loan option.
Conclusion
When deciding between the home loan options from Axis Bank, Aadhar Housing Finance Ltd., and Grihum Housing Finance, it's essential to consider how each product fits your unique financial situation. Focus on comparing key aspects like interest rates, eligibility criteria, loan terms, maximum loan limits, and processing fees to ensure you choose a loan that supports both your current needs and future financial well-being.
Get detailed answers to the most frequently asked questions, tailored for your peace of mind.