HEALTH INSURANCE
A Home Loan, also known as a housing loan or mortgage, is a long-term financial product offered by banks and other lenders to individuals who wish to buy, build, or improve a home. The loan amount is disbursed based on factors like the applicant’s income, credit history, property value, and repayment capacity. Typically, the borrower repays the loan in Equated Monthly Installments (EMIs) over a tenure ranging from 5 to 30 years.
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