Bank loan advantages in buying Proprty by Mr. Avnish Bhatnager

Dear Readers, recently I have posted many articles regarding opting bank finance to purchase properties which is having great advantage & necessities to own property in today’s scnerio.

Here further, got an opportunity to talk my old time client cum friend Mr. Avnish Bhatnager working as a chief manager in Bank of Baroda & he has shared with me really a great advantages to go for bank Finance route to own a property so I requested him to share his views in writing small piece which can help many readers & aspirants looking to buy property & still thinking to go for bank Finance or not.

Here is piece of small text message from Mr. Bhatnager:

“It is very simple to understand the advantages of availing loan to acquire property
First it is available at cheapest possible rates at one should avail it from well reputed leading organisations viz Nationalized banks, leading Pvt banks.
The EMI payable every year not only save,/reduce Tax liability
Becomes compulsory savings
Feeling of ownership gives tremendous satisfaction and gives you solid proof of your existence.
Own roof and rented roof have a lot of difference of own identity in neighbourhood, people treat you differently
Besides daily satisfaction the affect of inflation means rise in value of property also have its own reasons of satisfaction of being a early bird and own proud to have own house at such rates which can not be affordable now that is after passing of few years 
After passing of some years value of property increases,loan liabilities reduced, Salary increased and EMI do  not look too heavy now.
The property aquired comes at important place location wise which it maybe not at the time of aquired it.
You may stands as guarantee for your kids if they require loan for Thier education or some other purposes being a worthy person having some solid property in own name

So many hidden psychological advantages can not be written.
Ye tera ghar ye mera ghar
Kisiko dekhna hai agar
To maang le meri nazar teri nazar
Best of luck”

Avnish Bhatnager 

(Chief manager Bank of Baroda)

Email: bhatnagar.avnish@yahoo.co.in