Get the Lowest Interest Rates on Home Loans in Salem

We have compiled a list of 43000+ verified service providers for home loans in Salem. Our professionals help you with the best deals and offer on home loans in Salem. Apart from home loans, our experts help you with other services like personal, gold, vehicle, and education loans. Our professionals assure you with an easy documentation process, affordable interest rate, low-cost EMI, a decent period of time to repay loans, 24/7 customer support, and much more. Register at Sulekha today to get the best deals on home loans in Salem.

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Top List of Home Loan Agents in Salem as on Apr 25, 2024

Sagar Enterprises

Malviya Nagar, Delhi, 110017 ( Also serves in Salem )

08048031242

Home Loans, Vehicle loans, Education loans

+6 more

Response Time: Within 15 MinsSulekha score: 7.4Working hours: 10 AM to 5 PM

Welcome to Sagar Enterprises, a reliable source for all your loan needs. With over 20 years of experience, we have been providing exceptional services in Malviya Nagar. Our team of experts will assist you in choosing the right loan option for your specific needs. Our wide range of loan categories includes home loans, education loans, mortgage loans, project loans, unsecured loans, vehicle loans, personal loans, gold loans, business loans, and mor ... less

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Mahindra Finance in Sankari

Sankari, Salem, 637301

08069680124

Home Loans, Foreign Exchange & Money Transfer services, Corporate group insurance

+23 more

Working hours: 10:00 AM to 6:00 PM

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Manappuram Finance Limited

Vinayagapuram, Attur, 636102

( Also serves in Salem )

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 09:30 AM to 06:30 PM

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Mahindra Finance in Dadubhaikuttai(Kichipalayam)

Attur, Salem, 636015

08048098142

Home Loans, Foreign Exchange & Money Transfer services, Corporate group insurance

+23 more

Working hours: 10:00 AM to 6:00 PM

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Manappuram Finance Limited

Arisipalayam, Salem, 636009

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 10:00 AM to 7:00 PM

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Manappuram Finance Limited

Dadagapatti, Salem, 636006

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 09:30 AM to 06:30 PM

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Manappuram Finance Limited

Sankagiri West, Salem, 637301

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 09:30 AM to 06:30 PM

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Manappuram Finance Limited

Attur, Salem, 636116

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 09:30 AM to 06:30 PM

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Manappuram Finance Limited

Hastampatti, Salem, 636007

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 11:00 AM to 8:00 PM

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Manappuram Finance Limited

Anjugramam, Salem, 636102

Home Loans, Foreign exchange & money transfer services, Foreign Exchange & Money Transfer services

+18 more

Working hours: 09:30 AM to 06:30 PM

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Turn Owning a Home a Reality with Professional Home Loan Providers in Salem

Home loan providers in Salem are financial experts or lending entities who offer loans specifically for purchasing or refinancing residential/home properties. These providers include banks, credit unions, mortgage companies, online lenders, and other financial organizations. Home loan providers in Salem evaluate the borrower's creditworthiness, income, and the property's value to determine the loan amount, interest rate, and terms. They offer various types of home loans, such as fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and more. Home loan providers play a crucial role in helping individuals and families realize their homeownership dreams by providing the necessary funds to acquire or refinance their homes.

Home Loan Providers in Salem Offer Services, Include:

Helping borrowers understand current interest rates and selecting the most suitable rate for their financial circumstances.
Providing various mortgage products tailored to different financial situations, including fixed-rate, adjustable-rate, and specialized loans.
Guiding borrowers through the complex application process, ensuring accurate and complete submissions.
Tailoring loan packages to match individual needs, credit history, and financial goals, ensuring borrowers secure the best home loan for their situation.
Collaborating with appraisers to determine the property's value impacts the loan amount and terms.

How to Find Trusted Home Loan Providers in Salem

Sulekha has the trusted personal loan agents in Salem. All you have to do is,

Sign up on Sulekha.com
Fill in the simple online form with your needs
Our Sulekha AI listing option shares your needs to service experts near you
Hire based on credentials, user ratings, Sulekha score, etc.

Frquently Asked Questions

How to get a loan for a house in Salem?

To get a home loan in Salem, you must approach a bank or a financial institution and provide necessary documents like a salary certificate, ID proof, address proof, etc. Your credit score and repayment history will also be considered.

What is the minimum salary for a home loan in Salem?

The minimum salary for a home loan in Salem varies depending on the bank and the loan amount. However, most banks require a minimum salary of Rs. 10,000 to Rs. 25,000 per month.

What is the interest rate for the Home Loan in Salem?

The interest rate for a home loan in Salem ranges from 8.35% to 9.50% p.a. There are also private banks that offer various low-interest home loan schemes for customers based on several factors, such as the loan amount, repayment period, and customer credit score. The lowest home loan interest in Salem is 8.00%, provided by Bajaj FinServ.

What is the maximum period allowed for the Home loan repayment?

The maximum period for home loan repayment in Salem is 20 to 30 years. It depends on the bank's policies and the loan amount. A longer repayment period means lower EMIs, but higher interest payments.

What are the Eligibility Criteria for a Home Loan in Salem?

To be eligible for Home Loan in Salem, a person should be 21-65 years old and have a minimum salary of Rs. 10000 per month with a business income of Rs.200000 per annum. The person should also have a work experience of 3-5 years and a cibil score of 750 and above.

What documents are required for a Home Loan in Salem?

The following are the required documents to apply for Home Loan in Salem:

Personal documents – Aadhar, Pan, driving license, passport, and voter ID
Proof of Income: Salary slips ( last 2 months), Bank account statements ( last 3-5 months)
Property Documents – Copy of sale deed, No objection certificate from the society, allotment – possession letter, etc.

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Best Home Loans in Salem

What type of home loan do you need?

Get the Lowest Interest Rates on Home Loans in Salem

Top List of Home Loan Agents in Salem as on Apr 25, 2024

Sagar Enterprises

Mahindra Finance in Sankari

Manappuram Finance Limited

Mahindra Finance in Dadubhaikuttai(Kichipalayam)

Manappuram Finance Limited

Manappuram Finance Limited

Manappuram Finance Limited

Manappuram Finance Limited

Manappuram Finance Limited

Manappuram Finance Limited

Latest User Reviews of housing loans in Salem Many users have reviewed for Home Loans in Salem

Turn Owning a Home a Reality with Professional Home Loan Providers in Salem

Home Loan Providers in Salem Offer Services, Include:

How to Find Trusted Home Loan Providers in Salem

Frquently Asked Questions

How to get a loan for a house in Salem?

What is the minimum salary for a home loan in Salem?

What is the interest rate for the Home Loan in Salem?

What is the maximum period allowed for the Home loan repayment?

What are the Eligibility Criteria for a Home Loan in Salem?

What documents are required for a Home Loan in Salem?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application

Why Sulekha