A home loan is a secured loan provided by financial institutions to help individuals purchase, construct, or renovate a residential property. The property itself serves as collateral until the loan is fully repaid.

Types of Home Loans

Home Purchase Loan

• Used to buy a new or resale home.
• Available for both ready-to-move-in and under-construction properties.

Home Construction Loan

• For building a new house on a plot of land.
• Funds are disbursed in phases as construction progresses.

Home Improvement Loan

• For renovating or repairing an existing home.
• Covers expenses like painting, flooring, and structural repairs.

Home Extension Loan

• To extend or add new rooms to your existing home.
• Ideal for growing families needing additional space.

Land Purchase Loan

• For purchasing a plot of land for residential construction.
• Flexible repayment options available.

Balance Transfer Loan

• Transfer your existing home loan to another lender for better interest rates.
• Helps in reducing overall loan burden.

Features of Home Loans

Competitive Interest Rates

• Enjoy attractive rates that make your EMIs affordable.

Flexible Tenure

• Choose repayment periods up to 30 years to suit your financial plans.

Minimal Documentation

• Simple and hassle-free documentation process.

Quick Processing

• Fast approval and disbursement to help you get your dream home sooner.

Tax Benefits

• Avail deductions on principal and interest under Section 80C and 24(b) of the Income Tax Act.

Balance Transfer Facility

• Transfer your existing home loan to us for better rates and terms.

Top-Up Loan

• Get additional funds over your existing home loan for personal or home improvement needs.

Investing in a home is a long-term commitment, and JK Financial Services is here to support you every step of the way. Our comprehensive home loan solutions are designed to make homeownership affordable and stress-free. With our expert guidance and flexible loan options, your dream home is within reach.