home loan

A home loan, commonly known as a mortgage, is a finance product where the borrower receives capital to acquire or improve residential property, using that property as security against the loan. Failure to repay may lead to foreclosure, wherein the lender can seize the property.

Key Features & Advantages:

• High Loan Amounts & Long Tenures: Borrowers can get up to 80–90% of the property’s value and spread repayments over 10–30 years, making EMIs manageable.

• Competitive and Flexible Interest Rates: Eligible customers with strong credit scores (700+) may access lower interest rates; options include fixed or floating rates.