Home Loan

Home Loan

What is Home Loan?

Home Loan is a secured loan given by a bank against the security/hypothecation of the underlying property. You can coompare your loan requirement with home l oans for the purpose of construction of house buy land, purchase of builder’s flat or society’s accommondation from one of 35+ partner bank/NBFCs

How is Loan eligibility is calculated?

Loan eligibility is dependent on primarily the following three major factors:


1. The Income of a person, whether salaried or business professional, a person ability to pay EMIs is determined with his/her income.
2. Existing EMIs obligations.
3. Value of Property

What is the tenure of a home loans?

Home loans are long term borrowing instruments with a minimum tenure of 5 years and a maximum tenure of 30 years. The tenure offered to depends on the loan amount that is sanctioned by the lender along with other factors.

What is an EMI?

You repay the loan in Equated Monthly Installments (EMIs) comprising both principal and intrest.
Repayment by way of EMI starts from the month following the month in which you take full disbursement.

Who will pick documents.

The banker will directly visit your home and pick up all the needed documents.