Providing Your Family with the House of their Dreams

Providing Your Family with the House of their Dreams Service By Gk Mf invest Pvt ltd.

Providing Your Family with the House of their Dreams

indian family 2021 08 28 01 51 28 utc 1

What is a Site Purchase Loan?

Land Purchase Loan or Site Purchase Loan is a unique financing option to help you buy a plot of land for residential construction. While owning a home is the ultimate dream you live, having a house with every detailing designed as per your needs can be more satisfying.

Land Loans can help you buy the plot of your choice effortlessly. It is different from a Home Loan in the sense that Home Loans are offered to buy a ready-to-move-in property. But, a Loan for Land Purchase covers every aspect of the purpose effectively.

This loan to buy land can be your perfect option in two cases:

  • If you plan to buy a resale plot
  •  If you plan to purchase a piece of land through direct allotment

Apply for this customised secured loan and avail maximum features and benefits.

What does Site Purchase Loan cover?

Get Started Today

As an independent agency, we are here to help you find the right coverage.

New Delhi , India

Our Services are available in Mumbai, Pune, Satara, Kolhapur, Delhi, Gujarat and surrounding areas.

Benefits of a Site Purchase Loan:

  • Loan amount of high value: A salaried individual can avail a Plot Purchase Loan of high value up to Rs. 3.5 Crore. Avail this loan from Finserv in any of the top Indian cities.
  • Flexible repayment tenor: Repayment of this loan to buy plot is made easier with flexible tenor extending up to 240 months.
  • Instant approval of land loans: No more waiting for days to get your loan approved. With Bajaj Finserv, fill up the online application form, and get your loan approved instantly within 5 minutes.
  • Quick and easy loan disbursal: We understand the need for immediate payment when purchasing a plot of land. Avail quick and easy disbursal of your Plot Purchase Loan within 72 hours after the approval of your application.
  • Exclusive balance transfer facility: Fast processing and minimal documentation make refinancing your existing land purchase loan easier with Bajaj Finserv. If you have already taken a plot purchase loan, choose to transfer the outstanding amount for a comparatively lower rate of interest and attractive top-up loan. It comes with additional features like part-prepayment, foreclosure, etc.
  • Easy accessibility to loan account online: Access the status and details of your loan for residential plot purchases anytime and from anywhere through online account management. Easily check information related to your loans like the schedule of payment, payment tracking, and all other related information through the digital portal or Baja, Finserv App. To get instant access to this online account, simply log in with the right credentials.
  • Top-up loans with no documentation: Meet other financing needs effortlessly using a top-up loan of high value. The amount is over and above the existing loan amount and can be availed with no extra documentation. Also, the interest rate for the top-up loan is nominal. Use the Home Loan EMI calculator to know your monthly outflows beforehand and apply for the required amount accordingly. This loan also includes tax benefits. You can claim a deduction on the principal amount of up to Rs. 50,000 and up to Rs. 2 lakh on interest amount for a given financial year under the Income Tax Act.

Unit Linked Insurance Plan

ULIP is both an insurance policy and an investment

Endowment Policy

Protecting your home with insurance will give you a sense of security

Moneyback Policy

Ensure protection for your family along with options to get money back*

Guaranteed Income Plan

A guaranteed income plan packs a variety of options and benefits that can help you get peace of mind once you retire

Why is it important to get a Site Purchase Loan?

Even before laying the foundation of your dream house, you have to invest in the land on which you will build your house. A plot loan is the financial backing that will enable you to acquire a piece of land on which you can construct your home.

Address

House No.103 Daulatpur Village , New Delhi 110043
New Delhi,India

Contact Details

Phone No: 9910266310
Email: help@gkinvest.in

Click And Learn



Expenses of Family

Contrary to your pre-conceived notions, a term insurance plan is an absolute requirement. The financial security which the plan can provide cannot be found elsewhere. If you believe that the plan is not very important ask yourself the following questions. Find out if you can afford not to have a term plan.
Would my spouse be able to meet the financial loss associated with my death? Are my existing investments enough to meet my family’s lifestyle expenses? In my absence, how will my family manage its lifestyle expenses? Would my loans be taken care of if I am not around? Will my child’s future be secured in case of my sudden death?

Home loan EMI default

No one takes a loan with the intention to default, but many things can go wrong during the tenure of a loan, especially a long-term loan like home loans. The responsibilities as a borrower start after the loan is disbursed. One has to pay a fixed instalment every month, which includes a part of the principal amount and the interest. For instance, if you avail a home loan of Rs. 25 lakhs at 9% interest for a tenure of 20 years, you will be paying Rs. 22,525 every month. The liability remains until the entire loan is paid off.

The family of the borrower becomes the primary sufferer especially in the case of default due to death of the primary bread earner. Term insurance for a home loan can help you ring-fence your family from the liability in your absence. Term insurance plan for a home loan can help you protect your family in your absence. Basic term insurance against home loan could help in the event of the insured’s premature death and provide funds for the repayment of the loan.

Loan

A loan can get you and your loved ones the comfort of a car and security of a home, and many other things. However, your real responsibility begins only after taking the loan. You can repay the loan till you are alive and working. But have you given a thought about what your family would do in case something unfortunate happens to you before you repay the loans?

To ensure that the equated monthly instalments (EMIs) are paid on time, you need a backup plan to take care of your liabilities when you are not around – for this, you need an equivalent insurance cover against the loan. A term insurance plan can be the ideal solution in such a situation. A term insurance plan is a type of life cover which provides security to your family in case of an unfortunate event at just a nominal cost.

You can get an extensive cover of Rs 1 crore at an approximate premium of up to Rs 12,000 for a year. However, the premium amount will depend on the policyholder’s age and lifestyle. Smokers have to shell out more for the same amount of insurance cover.

Importance of Term Insurance for Businessmen

Most individuals aspire to be an entrepreneur or a businessman and break the vicious 9-5 monotonous jobs cycle. They seek independence in professional decision-making. This sense of ownership and responsibility often results in tremendous financial growth both for the person and business. However, this also means that as an entrepreneur, you are entering into a high-risk zone. In order to cushion the risk, mere safeguarding your business is not sufficient, you also need to financially protect yourself.

This is where term insurance comes into the picture.

Importance of Term Insurance for Businessmen

1. Asymmetrical Income Source

2. Business Liabilities

3. Financially Dependent or Non-Earning Spouse

4. A Hassle-free Safety Net

5. Economical in Nature

Home loan EMI default

No one takes a loan with the intention to default, but many things can go wrong during the tenure of a loan, especially a long-term loan like home loans. The responsibilities as a borrower start after the loan is disbursed. One has to pay a fixed instalment every month, which includes a part of the principal amount and the interest. For instance, if you avail a home loan of Rs. 25 lakhs at 9% interest for a tenure of 20 years, you will be paying Rs. 22,525 every month. The liability remains until the entire loan is paid off.

The family of the borrower becomes the primary sufferer especially in the case of default due to death of the primary bread earner. Term insurance for a home loan can help you ring-fence your family from the liability in your absence. Term insurance plan for a home loan can help you protect your family in your absence. Basic term insurance against home loan could help in the event of the insured’s premature death and provide funds for the repayment of the loan.

Pay Online

Online payment option available in some cases

Investment Update

Get your Investment update

Contact us

Connect with us for any help on personal finance

Review Your Investment

Get help in reviewing your current investments

Gk Mf invest Pvt ltd.

Our Services are available across Pan India

Need a personalized solution?

Gk Mf invest Pvt ltd. is ready to cater
all your Insurance Requirements

Customer first

Customers and their needs are our first priority. All our insurance plans are tailor made

Community Focused

We give back to our community and get involved with the charities we support.

Passion

We go the extra mile to exceed your expectations, no matter what you need.

Experienced Agents

With extensive experience, we understand what it takes to bring you quality coverage.

We at , Gk Mf invest Pvt ltd. serves the people ,with their desired products.

New Delhi , India

House No.103 Daulatpur Village , New Delhi 110043
New Delhi,India