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Home Loan

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Uploaded 6 months ago

A home loan—also known as a mortgage—is a secured loan that uses your property as collateral, enabling lower interest rates and longer tenures (typically 10–30 years).

Types of Home Loans in India:

  • Home Purchase Loan: For buying new or resale homes—90% of property value often financed.

  • Home Construction Loan: Ideal for building on owned land; funds released in phases as construction progresses.

  • Home Renovation/Improvement & Extension Loan: For repairs, remodelling, or adding rooms/floors.

  • Land Purchase Loan: To buy land for future construction.

Shop Location Madhya Pradesh, India

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