Home loans are secured loans that are obtained by pledging the collateral for the property as security with reasonable interest rates and longer terms.

1. HOME LOANS
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2. What is Home loans?
 Home loans are
secured loans that are
obtained by pledging
the collateral for the
property as security
with reasonable
interest rates and
longer terms.
 Through EMIs, they are
paid back.The
borrower receives
ownership of the
property back after
repayment.
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3. Types of Home loans?
 Home construction
loan
 Home improvement
loan
 Home purchase loan
 Takeover home loans
 Land loans
 Topup loans
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4. Home loans Benefits
 Tax advantages
 No repayment
charges
 Allowance for
BalanceTransfers
 Extended repayment
period
 Due Diligence
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5. Essential Factors in Home
Loan
 Ensure you
comprehend the type
of interest rate
offered on your
home loan.
 During the term, a
variable interest rate
may change as
opposed to a fixed
interest rate, which
does not change.
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6. Purpose of Home loans
 Purchasing a house
or flat that is still
being built;
 Purchasing a builder's
semi-finished house
or flat and finishing
the interiors;
 Purchasing a house
or flat that is being
resold
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7. Repayment options
 Equated Monthly
Instalment (EMI
 Progression Monthly
Instalment (PMI)
 The Negotiated
Repayment
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8. Home loans Eligibility
 AGE- 21 to 65 years
old
 PROFESSION
Paid/Self-Employed
 NATIONALITY
Indian resident
 GENDER-All
Genders
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9. Documentation
 Voter ID Card
 Aadhaar Card
 Valid Driving License
 Valid Passport
 Last three months'
salary slips
 Most recent income
tax returns and
Form-16
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10. To know more loans:
Home loans plot loans
Top-up loans takeover loans
Home improvement loans Home Extension loan
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