Home Loans

When can I apply for a home loan?

You can apply anytime after you have decided to acquire or construct a property, even if the property has not been selected or the construction has not commenced. Besides, you can also avail of the loan facility even if you want to extend your home.

Can I take a home loan for construction in a city while working in another city?

Yes, you can take loan for construction in one city while working in another city. We generally service this loan after getting details of the plot legally verified.

How much time does it take to get an application processed and the loan getting sanctioned? It takes around 24 hours for processing of one’s application if the documented are in order.

What is the maximum amount which I can borrow?

Home loans are generally provided for in the range of 75%-85% of the asset value.

What are the repayment period options?

Repayment period options range generally from 5 to 15 years.

What security do I have to provide for the loan I want to take?

Only the documents of the home which is to be kept as a collateral is provided for home loan.