How you can benefit from a home loan for advocates

Irrespective of whether you are a salaried or self-employed advocate, you are bound to have a hectic schedule. Managing high-profile cases and juggling with client appointments, along with making time for your family and friends can be tasking. That’s why financial institutions have come to your rescue giving you a chance to avail a home loan for advocates. This customised loan brings convenience right at your fingertips and gives you an option to become a homeowner in no time. So, check out the benefits of a home loan for advocates.

You can get a substantial loan sanction

Being a customised loan, the Home Loan for Advocates from lenders like Bajaj Finserv offers you maximum flexibility in repayment and allows you a hefty sanction on a nominal interest. This ensures that you can buy a home of your choice without a compromise. The best part is you do not have to take out time from your chambers and cases to avail the loan as it has a fast approval and disbursal timeline.

You can enjoy easy online application and management on this loan

The main idea of choosing a tailor-made loan is because of its convenience. So, you can give a break to lengthy application process and formalities while applying for a home loan for advocates. Just choose whether you want to apply online or offline as per your convenience and simply fill the form, submit a few basic documents to the lender’s representative who will visit you at your home or office, and await verification. Additionally, after your loan gets disbursed, you can manage all the details of the loan online using your loan account. Simply log in to the customer portal with your allotted user ID and password and check or track all your loan-related documents, statements and EMI payment schedule in a hassle-free way.

You can qualify for the loan easily on basic eligibility terms

The home loan for advocates is a customised loan for lawyers, so it is easy for you to meet its eligibility criteria. As per the basic terms of the loan you need to be an Indian citizen and a working professional between the age of 23 years to 65 years** with work experience of at least 3 years in order to qualify for the loan. In addition to this, you can use the home loan eligibility calculator to check whether you qualify for the loan in minutes. Moreover, you just have to furnish a few basic documents such as your KYC documents, Form 16, address proof, identity proof, proof of business and bank account statements to prove your eligibility while applying for the loan. This nominal paperwork and basic eligibility profile speeds up your application and helps you get the money in your account within a few hours after verification.

You can repay the loan without any additional charges

The home loan for advocates is a customized loan for lawyers, so it is easy for you to meet its eligibility criteria. As per the basic terms of the loan you need to be an Indian citizen and a working professional between the age of 23 years to 70 years** with work experience of at least 3 years in order to qualify for the loan. In addition to this, you can use the home loan eligibility calculator to check whether you qualify for the loan in minutes. Moreover, you just have to furnish a few basic documents such as your KYC documents, Form 16, address proof, identity proof, proof of business, and bank account statements to prove your eligibility while applying for the loan. This nominal paperwork and basic eligibility profile speeds up your application and helps you get the money in your account within a few hours after verification.

Armed with these benefits, proceed to apply for a home loan for advocates. Before applying, use the home loan EMI calculator to select EMIs that stay within your budget and accordingly plan your repayment in advance with ease.