Lexpress Trends-Residential and agricultural N° 1 - August 2022 | Page 9

Rs wish to know more about our offers , whether for the purchase of agricultural or residential land or for the acquisition or construction of a house , to contact us .
How can someone improve their chances of getting a home loan ?
HOME LOANS
Acquiring a home loan to purchase a plot of land , a house or to start building is a lifelong dream ! This is why we strongly encourage you to build up savings as an initial contribution to the project .
Budgeting and knowing your ability to repay are two equally important parameters ! Indeed , repayment ( including existing loans ) must not exceed a certain percentage of total income - the debt ratio .
In fact , we feature a loan calculator on our website for customers to use . This way they can get an idea of how much they can borrow . We strongly recommend that interested parties call us through our Contact Centre on 202 6060 or visit a branch . This will allow us to give more details about the documents required to start the process .

NOW THAT THE UNCERTAIN CONTEXT OF THE PANDEMIC SEEMS TO BE BEHIND US , WE HAVE BEEN WITNESSING AN INCREASE IN HOME LOAN APPLICATIONS .

HOME LOAN SIMULATION
Abraham Rawat , Head of Retail of the bank
N o 1 . NEWSLETTER TRENDS
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