As per data published by IBEF, India’s real estate sector is estimated to reach USD 1 trillion by the year 2030. While urbanisation and an increase in household income are key factors that have contributed to the rise in the demand for residential properties, easy availability of housing loans also remain one of the principal reasons for the same. The ease of access to housing loans has been, in turn, facilitated by the launch of online platforms like home loan apps offered by various financial institutions.
Benefits of home loan application through online loan app –
Apart from streamlining the process of home loan application, these apps offer numerous other advantages. These are -
- Applying for a housing loan via a home loan app requires minimum time, making the process hassle-free for borrowers.
- With online apps like the Bajaj Finserv app – Experia, you can view the company’s pre-approved offers and other recommendations available on home loans.
- These apps allow easy navigation, making it simpler to access any loan-related information.
- Following up with the loan application becomes much simpler with the app.
These apps are custom-built for application of easy loans and managing them after they are approved.
How to apply for a home loan through an app?
One can apply for home loans through instant loan apps by following these steps below –
Step 1 – Download the lender’s app from Google Play Store for Android phone or the App Store for an iPhone.
Step 2 – Provide requisite information like mobile phone number and register with the app.
Step 3 - Browse through the app for personalised and recommended offers.
Step 4 – Apply for the loan.
With these simple steps, availing a home loan from any financial institution has become easier than ever.
Also Read:- 4 Reasons To Apply Home Loan via Home Loan Apps
No comments:
Post a Comment