Key Checks Before Buying Property Online

herohousinfinance 1 week ago in Finance 0

Buying property online? Ensure thorough due diligence. Verify all legal documents like title deeds, possession and completion certificates, and check for pending litigation. Do a background check on the seller and visit the property physically. Use verified portals and legal help for a secure purchase. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/buying-a-property-online-here-are-a-few-things-to-watch-out-for Country List: India

Understanding Society Patta Properties in Jaipur

herohousinfinance 1 week ago in Finance 0

Society Patta properties is a land ownership document issued by co-op societies in Jaipur. Unlike JDA-approved properties, Patta plots may lack basic amenities and face legal hurdles, making bank loans difficult. Registration involves applying at the Tehsildar’s office with proper KYC and documents. Hero Housing Finance offers loans after due diligence. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/all-you-need-to-know-about-society-patta-property-in-jaipur Country List: India

Home Loan Insurance: Secure Your Family’s Future in 2025

herohousinfinance 2 weeks ago in Finance 0

Home loan insurance protects new home buyers by covering outstanding loan dues if the borrower passes away before loan maturity. It secures families from repayment burdens, offers affordable premiums, and tax benefits. Different plans cater to varying needs, ensuring peace of mind and financial security for homeowners and their loved ones. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-insurance-for-new-home-buyers Country List: India

Reset Clause in Home Loans: What Borrowers Must Know

herohousinfinance 2 weeks ago in Finance 0

The Reset Clause in a home loan lets lenders periodically revise your interest rate, usually every 2-4 years, to match market rates. Initially, you may have a fixed rate, which then switches to floating based on benchmarks. If rates rise, your EMI or loan tenure may increase, affecting your finances. Budgeting for this clause is crucial. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/reset-clause-in-home-loan-agreement Country List: India

Top Digital Tools to Simplify Your Home Loan Application Process

herohousinfinance 2 weeks ago in Finance 0

Digital tools simplify home loan applications by streamlining eligibility checks, EMI calculations, amortisation schedules, and prepayment impact. These calculators help estimate loan amounts, monthly payments, interest, and savings. With AI chatbots and online portals, the process is faster and hassle-free, making home loans easier to manage and apply for. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-process-with-digital-tools Country List: India

Loan Against Agricultural Land in India: Key Facts & Benefits

herohousinfinance 2 weeks ago in Finance 0

A loan against agricultural land lets Indian landowners pledge their land as collateral to borrow funds for various needs. Eligibility requires clear land ownership, income proof, and a good credit record. Interest rates vary by market, land location, and loan purpose. Compare lenders to find the best terms before applying. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/loan-against-agricultural-land-in-india Country List: India

What Is Loan Account Number & How to Check It Online?

herohousinfinance 2 weeks ago in Finance 0

A Loan Account Number (LAN) is a unique ID assigned by lenders to track your loan details. It’s essential for paying EMIs, raising queries, checking statements, and updating personal info. You can find your LAN online via the lender’s app/website or offline by visiting the branch or calling customer care. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/loan-account-number Country List: India

Home Loan Document Checklist: What You Need to Apply

herohousinfinance 2 weeks ago in Finance 0

Avoid loan rejection with this Home Loan Document Checklist: Include identity proof (PAN, Aadhar), address proof (utility bills, rent agreement), income proof (salary slips, Form 16/26AS, balance sheet), job continuity evidence, and property papers (title deed, NOC). Requirements may vary by lender. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/documents-required-for-home-loan Country List: India

Section 24: Home Loan Tax Benefits Explained Simply

herohousinfinance 3 weeks ago in Finance 0

Section 24 of the Income Tax Act offers homeowners tax benefits on interest paid toward home loans. It allows deductions for municipal taxes, a 30% standard deduction on net annual value, and up to ₹2 lakh annually for self-occupied properties. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/section-24-income-tax-act Country List: India

Guide to Purchasing Property in India: Key Steps & Tips

herohousinfinance 4 weeks ago in Finance 0

Purchasing property in India involves legal checks, budgeting, choosing the right location and type, verifying documents, and planning payments. Risks like unclear titles and extra charges (stamp duty, registration, documentation fees) must be considered before finalizing a deal. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/what-should-be-the-process-followed-for-purchasing-a-property-in-india Country List: India