Friday, August 19, 2022
No Result
View All Result
  • News
    Income Protection Insurance Cover Ireland

    Income Protection Insurance Cover Ireland

  • Business
    Mailer Boxes in Affordable Price

    Get Corrugated Mailer Boxes in Affordable Price

    The Best Crypto Exchange, Updates, And A Guide To KuCoin Exchange 2022

    The Best Crypto Exchange, Updates, And A Guide To KuCoin Exchange 2022

    Economists See Few Monetary Policy Changes With Powell Leading Fed

    Indonesia’s Largest Fleet of Taxis Teams Up To Beat Ride-Hailing Apps

    Olivia Munn’s One-Piece Swimsuit Plunges Further Than You Thought Possible

    Hannah Donker talks being The Weeknd’s love interest in ‘Secrets’

  • Games
    How People Analytics is Changing the HR Game

    How People Analytics is Changing the HR Game

    How Toto Sites Can Help You Win Big!

    VIDEO GAMES UNDER THE STREAMING MODALITY

    VIDEO GAMES UNDER THE STREAMING MODALITY

    Connection Between AI and NPC in video games

    Connection B/W AI and NPC in video games in 2022

    5 Best Online Games in 2021

    5 Best Online Games in 2021

  • Entertainment

    Jekardah Nightlife Offers Many Hotspots for People with Alternative Lifestyles

    These Foods to Absolutely Avoid If You Want Clear, Glowing Skin

    Instagram Is Testing Photo Albums, Because Nothing Is Sacred Anymore

    10 Fashion Stories From Around The Web You Might Have Missed This Week

    Olivia Munn’s One-Piece Swimsuit Plunges Further Than You Thought Possible

    Elton John Tells Noel Gallagher What He Thinks About His New Album

  • Sports
    1983 World Cup Indian Team Players Name

    1983 World Cup Indian Team Players Name

    Indonesia’s Largest Fleet of Taxis Teams Up To Beat Ride-Hailing Apps

    Nike Invented Self-Lacing Sneakers Because the Future Is Now

    This Easy Cardio Swap Will Help You Train for A Half Marathon

    John Browny Could Have Been The Super Bowl MVP If The Gagak Hadn’t Blown It

    Betterment Moves Beyond Robo-Advising with Human Financial Planners

  • Tech
    Best YouTube Tips for 2022!

    Best YouTube Tips for 2022!

    How People Analytics is Changing the HR Game

    How People Analytics is Changing the HR Game

    Videos

    Create, Edit and Publish Holiday Videos

    Top 12 Reasons You Should Use React Native for Your Mobile App Development

    Top 12 Reasons You Should Use React Native for Your Mobile App Development

    Blogs offer best-of CDs

    Blogs offer best-of CDs

    KYT Verification - How is It Related to KYC?

    KYT Verification – How is It Related to KYC?

  • Lifestyle
    • All
    • Fashion
    • Food
    • Travel
    Videos

    Create, Edit and Publish Holiday Videos

    Where Can You Buy Kratom Online In Illinois?

    Where Can You Buy Kratom Online In Illinois?

    How Do You Understand Red Vein Kratom Dosage?

    How Do You Understand Red Vein Kratom Dosage?

    Healthy Sex Life: 7 Tips To Enjoy It

    Healthy Sex Life: 7 Tips To Enjoy It

    Singapore Vendors Offer Unmatched T-Shirt Printing

    Singapore Vendors Offer Unmatched T-Shirt Printing

    Economists See Few Monetary Policy Changes With Powell Leading Fed

    • Fashion
    • Food
    • Travel
  • More
    • All
    • Health
    • Home Improvement
    Where Can You Buy Kratom Online In Illinois?

    Where Can You Buy Kratom Online In Illinois?

    How Do You Understand Red Vein Kratom Dosage?

    How Do You Understand Red Vein Kratom Dosage?

    Healthy Sex Life: 7 Tips To Enjoy It

    Healthy Sex Life: 7 Tips To Enjoy It

    DELIVERING A BABY IN DUBAI AS AN EXPAT

    DELIVERING A BABY IN DUBAI AS AN EXPAT

    What is cloud mining?

    What is cloud mining?

    eKYC Onboarding: Potential Benefits for Banking and Financial Companies

    eKYC Onboarding: Potential Benefits for Banking and Financial Companies

    • Health
    • Home Improvement
    • Social
  • Contact Us
  • News
    Income Protection Insurance Cover Ireland

    Income Protection Insurance Cover Ireland

  • Business
    Mailer Boxes in Affordable Price

    Get Corrugated Mailer Boxes in Affordable Price

    The Best Crypto Exchange, Updates, And A Guide To KuCoin Exchange 2022

    The Best Crypto Exchange, Updates, And A Guide To KuCoin Exchange 2022

    Economists See Few Monetary Policy Changes With Powell Leading Fed

    Indonesia’s Largest Fleet of Taxis Teams Up To Beat Ride-Hailing Apps

    Olivia Munn’s One-Piece Swimsuit Plunges Further Than You Thought Possible

    Hannah Donker talks being The Weeknd’s love interest in ‘Secrets’

  • Games
    How People Analytics is Changing the HR Game

    How People Analytics is Changing the HR Game

    How Toto Sites Can Help You Win Big!

    VIDEO GAMES UNDER THE STREAMING MODALITY

    VIDEO GAMES UNDER THE STREAMING MODALITY

    Connection Between AI and NPC in video games

    Connection B/W AI and NPC in video games in 2022

    5 Best Online Games in 2021

    5 Best Online Games in 2021

  • Entertainment

    Jekardah Nightlife Offers Many Hotspots for People with Alternative Lifestyles

    These Foods to Absolutely Avoid If You Want Clear, Glowing Skin

    Instagram Is Testing Photo Albums, Because Nothing Is Sacred Anymore

    10 Fashion Stories From Around The Web You Might Have Missed This Week

    Olivia Munn’s One-Piece Swimsuit Plunges Further Than You Thought Possible

    Elton John Tells Noel Gallagher What He Thinks About His New Album

  • Sports
    1983 World Cup Indian Team Players Name

    1983 World Cup Indian Team Players Name

    Indonesia’s Largest Fleet of Taxis Teams Up To Beat Ride-Hailing Apps

    Nike Invented Self-Lacing Sneakers Because the Future Is Now

    This Easy Cardio Swap Will Help You Train for A Half Marathon

    John Browny Could Have Been The Super Bowl MVP If The Gagak Hadn’t Blown It

    Betterment Moves Beyond Robo-Advising with Human Financial Planners

  • Tech
    Best YouTube Tips for 2022!

    Best YouTube Tips for 2022!

    How People Analytics is Changing the HR Game

    How People Analytics is Changing the HR Game

    Videos

    Create, Edit and Publish Holiday Videos

    Top 12 Reasons You Should Use React Native for Your Mobile App Development

    Top 12 Reasons You Should Use React Native for Your Mobile App Development

    Blogs offer best-of CDs

    Blogs offer best-of CDs

    KYT Verification - How is It Related to KYC?

    KYT Verification – How is It Related to KYC?

  • Lifestyle
    • All
    • Fashion
    • Food
    • Travel
    Videos

    Create, Edit and Publish Holiday Videos

    Where Can You Buy Kratom Online In Illinois?

    Where Can You Buy Kratom Online In Illinois?

    How Do You Understand Red Vein Kratom Dosage?

    How Do You Understand Red Vein Kratom Dosage?

    Healthy Sex Life: 7 Tips To Enjoy It

    Healthy Sex Life: 7 Tips To Enjoy It

    Singapore Vendors Offer Unmatched T-Shirt Printing

    Singapore Vendors Offer Unmatched T-Shirt Printing

    Economists See Few Monetary Policy Changes With Powell Leading Fed

    • Fashion
    • Food
    • Travel
  • More
    • All
    • Health
    • Home Improvement
    Where Can You Buy Kratom Online In Illinois?

    Where Can You Buy Kratom Online In Illinois?

    How Do You Understand Red Vein Kratom Dosage?

    How Do You Understand Red Vein Kratom Dosage?

    Healthy Sex Life: 7 Tips To Enjoy It

    Healthy Sex Life: 7 Tips To Enjoy It

    DELIVERING A BABY IN DUBAI AS AN EXPAT

    DELIVERING A BABY IN DUBAI AS AN EXPAT

    What is cloud mining?

    What is cloud mining?

    eKYC Onboarding: Potential Benefits for Banking and Financial Companies

    eKYC Onboarding: Potential Benefits for Banking and Financial Companies

    • Health
    • Home Improvement
    • Social
  • Contact Us
No Result
View All Result
No Result
View All Result
Home More Home Improvement

Is it Better to Apply for a Home Loan Offline or Online? Here’s How to Decide

admin by admin
August 15, 2022
in Home Improvement
0
Home Loan

Home Loan

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

A home loan is also called a mortgage loan. In this case, banks or financial institutions lend money to buy a house or a flat. The lending institution considers the property as collateral. The borrower needs to repay the amount along with interest in the form of EMIs. It continues for a period that may vary depending upon the nature of the loan.

In this article, we have mentioned the essential documents required to apply for a home loan PNB.

You might also like

Know the Factors to Consider While Taking a Home Loan

How To Choose The Ideal Sofa For Your Living Room

Why and How Often Should You Clean Your Kaff Chimney?

What is an online and offline home loan?

Offline home loan is a traditional process by which people often seek a loan, that is, going to the bank, applying for their required loan, and then waiting for the lending institution to approve it.

With the rapid technological advancements in the banking and finance sectors, we no longer have to wait in long and tiring queues to get our work done. You can easily apply for your home loan online sitting at home.

What do you need to apply for a Home Loan from PNB? A computer or laptop or smartphone and a stable internet connection.

An online home loan or an offline home loan – which one is better? 

There are four things to consider:

Process – The processing of an online home loan from PNB is quick. The loan is often sanctioned within 3-5 working days.  

On the other hand, an offline home loan is time-consuming and takes 7 to 10 working days.

Status check – No tiring follow-ups are needed with the bankers in case of an online home loan. The status of your application can be tracked online. In contrast, the offline procedure calls for frequent follow-ups with the bank or the lending Bank.

Risk factor – The necessary documents for a Home Loan from PNB can be directly uploaded on the portal so there is no risk of documents getting lost. It’s a hassle-free process. In the case of offline home loans, it needs hard copies to be submitted which leads to the risk of them getting misplaced or lost during the process.

For whom? 

Offline Housing Finance is often preferred by people who are not very well-versed with computers and the internet and prefer receiving one-to-one services.

In contrast, the online home loan is preferred by tech-savvy people who are proficient in dealing with computers and the internet.

Documents required 

Wondering what documents are necessary to obtain a home loan from PNB? You don’t need to stress. You need minimal documents such as address proof, age proof, and income proof.

Address proof 

A copy of the aadhar card, voter ID, passport, telephone bill, ration card, or driving license will work as the address proof for a Home Loan from PNB.

Age proof 

You can provide a copy of It means your passport, PAN card, latest passport size photo, and other certificates might be needed.

Income proof 

For salaried individuals –  Salary slips of the last 4 months, bank statements of the last 6 months, and other necessary documents of the last 2 years.

Self-employed individuals – 3 years ITR with Saral Copy, Bank account statement of last 12 months (savings accounts as well as current account, all) Balance Sheet, Profit, and Loss Account, Capital Account.

Conclusion

People can use either online or offline mode of application for a home loan. Both have their respective strengths. The online mode requires some knowledge of computer and internet operation, while the offline mode allows you to go to the bank or lending institution and complete the application formalities. 

Once you have paid the Housing Finance along with interest, the property’s title is transferred to your name. Failing this, the lender will restrain your legal rights over the property. People who are proficient in dealing with computers and the internet.

Read More: https://blogflogs.com/

Tags: home loanhome loan from PNBIncome proofoffline home loan
Previous Post

Types of Tabriz Rugs and What You Need to Know

Next Post

Know the Factors to Consider While Taking a Home Loan

admin

admin

Related Posts

Know the Factors to Consider While Taking a Home Loan
Home Improvement

Know the Factors to Consider While Taking a Home Loan

by admin
August 15, 2022
How To Choose The Ideal Sofa For Your Living Room
Home Improvement

How To Choose The Ideal Sofa For Your Living Room

by admin
August 15, 2022
How Often Should You Clean Your Kaff Chimney?
Business

Why and How Often Should You Clean Your Kaff Chimney?

by admin
August 15, 2022
5 Tips for Buying Outdoor Sheds
Home Improvement

5 Best tips for Buying Outdoor Sheds

by admin
August 15, 2022
Next Post
Know the Factors to Consider While Taking a Home Loan

Know the Factors to Consider While Taking a Home Loan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Videos

Create, Edit and Publish Holiday Videos

August 15, 2022
eKYC Onboarding: Potential Benefits for Banking and Financial Companies

eKYC Onboarding: Potential Benefits for Banking and Financial Companies

June 2, 2022

Categories

  • Business
  • Entertainment
  • Fashion
  • Food
  • Games
  • Health
  • Home Improvement
  • Lifestyle
  • More
  • News
  • Sports
  • Tech
  • Travel

Don't miss it

Best YouTube Tips for 2022!
Tech

Best YouTube Tips for 2022!

August 18, 2022
How People Analytics is Changing the HR Game
Games

How People Analytics is Changing the HR Game

August 18, 2022
Videos
Tech

Create, Edit and Publish Holiday Videos

August 15, 2022
Where Can You Buy Kratom Online In Illinois?
Lifestyle

Where Can You Buy Kratom Online In Illinois?

August 15, 2022
How Do You Understand Red Vein Kratom Dosage?
Health

How Do You Understand Red Vein Kratom Dosage?

August 15, 2022
Income Protection Insurance Cover Ireland
News

Income Protection Insurance Cover Ireland

August 3, 2022

About Blog Flogs

Blog Flogs is a news and information site that publishes numerous links to the latest news and trends on the web.

Find daily news,  business, technology, sports, travel, and more.

Contact:

info.blogflogs@gmail.com

 

Don't Miss

  • All
  • Sports
  • News

Income Protection Insurance Cover Ireland

1983 World Cup Indian Team Players Name

Indonesia’s Largest Fleet of Taxis Teams Up To Beat Ride-Hailing Apps

Nike Invented Self-Lacing Sneakers Because the Future Is Now

This Easy Cardio Swap Will Help You Train for A Half Marathon

Recent Posts

Best YouTube Tips for 2022!

Best YouTube Tips for 2022!

August 18, 2022
How People Analytics is Changing the HR Game

How People Analytics is Changing the HR Game

August 18, 2022
Videos

Create, Edit and Publish Holiday Videos

August 15, 2022
No Result
View All Result
  • News
  • Business
  • Games
  • Entertainment
  • Sports
  • Tech
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • More
    • Health
    • Home Improvement
    • Social
  • Contact Us

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.