Non-Banking Financial Companies (NBFCs) are becoming an increasingly popular option for people planning to apply for home loans in India. Unlike traditional banks, NBFCs are specialised financial institutions that offer a range of financial services, including home loans. Here are some of the advantages of choosing an NBFC for a home loan in India

1. The Advantages of Choosing an NBFC for a Home Loan
in India
Non-Banking Financial Companies (NBFCs) are becoming an increasingly popular option for people planning to
apply for home loans in India. Unlike traditional banks, NBFCs are specialised financial institutions that offer a range
of financial services, including home loans. Here are some of the advantages of choosing an NBFC for a home loan
in India:
Flexible Eligibility Criteria
One of the primary advantages of opting for the best NBFC for home loan in India is the flexible eligibility criteria.
Banks have stringent eligibility criteria, making it difficult for individuals with lower credit scores or unstable
incomes to secure a home loan. NBFCs, on the other hand, have more relaxed eligibility criteria, which makes a
home loan more accessible for individuals with varying financial backgrounds.
Quick and Hassle-Free Loan Disbursal
Another advantage of choosing an NBFC for your home loan is the quick and hassle-free loan disbursal process.
Traditional banks may at times take weeks or even months to process, approve, and disburse a home loan.

2. However, NBFCs generally have streamlined processes that allow for quick loan disbursal, making them an
attractive option for all, especially those who may need the funds in a hurry.
Lower Interest Rates
NBFCs offer competitive interest rates on their home loans, making it an attractive option for borrowers looking for
a good deal. While one may also get a good interest rate at a bank, the eligibility requirements for the same tend to
be pretty high. However, NBFCs generally have several options or alternatives in place for people, who may not
have the required eligibility, to access competitive interest rates.
NBFCs are a viable option for individuals looking for a home loan in India. Before choosing the top NBFC in India for
a home loan, however, it is essential to research and compare the available options to find the best financial
solution that suits your needs.
Capri Global Capital Limited (CGCL) is a non-banking financial company (NBFC) that provides a range of financial
solutions, which are especially designed for the underserved and unbanked communities in North and West India,
including specially curated home loans and entrepreneurship loans.