A housing loan is a loan offered by banks and financial institutions to individuals who want to buy or construct a house or flat, where the property is mortgaged as security until repayment. Top housing loan providers in India include SBI, HDFC, PNB, LIC Housing, ICICI Bank, and Axis Bank. It is important to research loan options, check your repayment capability, read agreements carefully, take insurance, and ask about additional charges to fully understand the home loan process.

1. Housing Loan
KNOW EVERYTHING RELATED TO IT

2. What is Housing Loan?
 Loan offered to individuals who wish to buy or construct a house or a Flat.
 The property is mortgaged to the lender as a security till the repayment of
the loan.
 The bank or financial institution will hold the title or deed to the property
till the loan has been paid back with the interest due for it.

3. Why one should take a home loan?
 The process of selling of your house becomes easier
 Add discipline in his financial life.
 One can avail benefits in Tax
 If your spouse is a co-applicant in the loan, both of you can double your
tax benefits.

4. Top Housing Loan Providers in India
 SBI Home Loan
 HDFC Ltd
 PNB Home Loan
 LIC Housing
 ICICI Bank
 Axis Bank
 IDBI Home Loan

5. Always do your homework before
taking home loans
 Research well on all the options available
 Check your capability. Never borrow more than you can’t afford. Take a
look at EMI first
 Read the final print of home loan agreement deeply and carefully
 Take insurance cover for the home loan
 Educate yourself about the additional charges that the lenders add to the
current schemes.
Never leave a doubt: Always ask