Have you found the perfect ready-to-move-in (RTMI) flat for yourself and your loved ones? If your answer is yes, you are up for a new challenge and that is, securing a Home Loan that fits your budget. 

What if we tell you, your dream home does not necessarily have to come with a not-so-dreamy EMI burden? Yes, that’s true! With Godrej Capital Home Loans, you can avail benefits of lower interest rates, longer loan tenures, and flexible repayment cycle to ease your EMI burden. If you are wondering how? Read more to find out.

Godrej Capital Home Loans come with a unique feature called ‘Design your EMI’, commonly known as DEMI that can help you avail benefits of flexible repayments to suit your needs and convenience. 

What is Design your EMI?

The Design your EMI (DEMI) feature for Godrej Capital Home Loans allows borrowers to personalize their equated monthly instalments (EMIs) according to their financial circumstances, offering a level of flexibility that is often missing in traditional loan structures. Godrej Capital offers DEMI facility with both kinds of home purchase such as under-construction property and ready-to-move-in flats, enabling borrowers to enjoy control over their EMI payments. With DEMI, borrowers have the option to make interest-only payments for a selected period of up to 3 years* and improve their ability to better manage budgets and cash flow by reducing the amount they need to pay periodically. 

Also Read: Design your EMI: The Flexibility You Need for Loan Repayments

Godrej Capital Home Loans: Design your EMI for RTMI Flats 

As the name suggests, RTMI or ready-to-move-in properties, are residential units or flats that are fully constructed and are available for immediate occupancy by buyers. These properties are typically brand new or have been previously owned but are in a habitable condition, with all necessary construction and finishing work completed.

Godrej Capital’s innovative DEMI feature empowers all our Home Loan customers to take control of their EMIs and customize their monthly repayments to suit their needs. 

With Godrej Capital Home Loans’ DEMI feature, borrowers looking to purchase a ready-to-move-in flat can get several benefits, such as

• Interest-Only Payment for Selected Periods: Defer the principal repayment for up to 12 months and utilise the extra cash to meet other important commitments.
• Prioritise Expenses: Allocate your funds wisely by directing them towards rent or other setting-up costs like interior designing, furnishing, decorating and more.
• Customizable Interest Payments: Adjust your interest payments to align with your financial situation by selecting a flexible repayment plan that allows you to pay a lower amount, such as INR 9,999, for the first 6 months, and a higher amount, such as INR 12,999, for the remaining months. This customization option allows you to tailor your payments to better suit your financial capacity.

Do you know? Godrej Capital offers Parallel Funding, a unique flexibility feature, to its Home Loan customer buying an under-construction property. This feature allows its Home Loan customers to ease the burden of down payment when buying an under-construction property by sharing the upfront payment with the lender. This allows customers to divide their payments into more manageable portions according to the payment slabs set by the property developer.

DEMI and the Benefits of Flexible Repayments

• Reduced Initial Burden: Lower initial EMIs can ease the financial pressure during the initial settling-in period.
• Improved Cash Flow: Frees up funds for immediate expenses related to your new home.
• Financial Planning: Provides greater control over your finances and allows for better budgeting.
• Peace of Mind: Reduces stress associated with hefty monthly payments, allowing you to focus on enjoying your new home.

Also Read: Decoding Commonly Used Home Loan Terminologies

Other Features of Godrej Capital Home Loans

Godrej Capital provides tailored Home Loans, accompanied by simplified processes, quick sanction and disbursal and round-the-clock customer support, to suit the requirements of the diverse  homebuyers. Godrej Capital commitment to enable its customers to ‘Enjoy the journey of homeownership’ is reflected in the following advantages:

• Higher Loan Amounts: Up to INR 20 crore  to finance your dream home.
• Competitive Interest Rates: Fixed interest rates starting from 8.55% p.a. for the first three years.
• High Loan-to-Value Ratio: Get financing for up to 90% of the property value, and reduce your upfront investment.
• Flexible Loan Tenure: Spread your repayments comfortably over up to 30 years.
• Hassle-free Experience: Enjoy zero-touch loans, minimal documentation, and dedicated customer support.
• Quick Loan Processing: Get your loan sanctioned and disbursed swiftly.

Also Read: A Complete Guide to Home Loan Management

Ready to Make Your Dream a Reality? Apply Now!

Don't let concerns about EMIs hold you back from owning your dream ready-to-move-in property. Explore Godrej Capital Home Loans and unlock the power of flexible EMI payments.

💡 Pro-tip: Use online Home Loan EMI calculator to estimate your potential EMI and see how DEMI can make a difference.

Don't wait! Apply now for Home Loan with Godrej Capital and turn your dream of homeownership into a reality. Check your eligibility using Godrej Capital’s Home Loan Eligibility Calculator.

Also Read: Zero-Touch Home Loans: Your Key to Homeownership

Disclaimer:

The contents of this article are for information purposes only & not a financial advisory. For more details, please refer to the product or service document and/ or connect with our customer representative prior to making any financial decision. 

The information is subject to update, completion, revision, and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. 

Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

Financing through Godrej Finance/Godrej Housing Finance Limited. Product Terms & Conditions apply, for details visit https://www.godrejcapital.com