• Home Construction Loan
• Land Purchase Loan
• Joint Home Loan
• Home Loan Balance Transfer
• Top-up Home Loan
• Home Purchase Loan
• Home Improvement Loa
• In a home loan, the property is taken as a security by the money lenders. The property can either be commercial or personal. And when the borrowers are in the capacity to repay the amount taken in the home loan, the lenders are required to possess all the legal rights to recover the loan amount or by the sale of the property in question.
• A home loan, also known as a housing loan is simply the sum of money borrowed from a lender to purchase a home or to construct one. Home loans can also be taken for extension of existing homes. Home loans are available in both fixed and adjustable interest rates, and payment terms. There are several types of home loans available:
• For purchase of residential property
• For construction of a residential property
• For purchase of land
• For home expansion
• For balance transfer

• Loan Amount
• The amount that is eligible for the borrower to borrow for the house he put on the mortgage. The home loan amounts that a borrower can borrow and that further depend on home loan eligibility that is being calculated based on certain factors, including:
• Employment type
• Monthly Income
• Documentation work and the proofs for identity and address
• Loan Disbursal
• When the amount is transferred to the borrower's account, then a home loan is said to be disbursed, and the loan is called loan disbursal.
• When the amount is accounted for in the name of the borrower, the monthly installments start during that following month. To repay the loan amount, the applicant needs to expand the equal and the fixed amount on a monthly basis.
• Loan Closure
• There is a time when the loan is paid in emi's, and the tenure is completed with the paying off the amount of the principal and within the prescribed interest rate. In the case of floating interest rates, no changes are applied to the principal amount for the prepayment, but in the case of the fixed interest rates, charges may apply, and according to the applicant is required to pay the amount. In case you don't prepay your loan amount, you would have to pay the emi's until the loan tenure is over, following which the loan closure would occur. That means the book of home loan (and the amount is taken within the form of a loan) for the applicant has been closed.

Following are the certain eligibility criteria that the applicant should fulfill at the time of application for a home loan: age should be between 24 - 65 applicants must be salaried persons with the salary of around inr 30,000 and at least two years of experience. in case the applicant is self-employed, three years of work experience should be there in the current field in case the applicant is nri, he/she should be the salaried individual having at least three years of work experience

Following are the documents that are accepted at the time of application for the home loan: address proof – property tax receipt, utility bills, bank statements, property registration documents, voter id card age proof – pan card, school leaving certificate, birth certificate, life insurance policy, valid passport, driving license, photo identity proof – valid passport, voter id card, driving license, pan card, and aadhar card income proof – copy of the last three years' profit and loss projection statement, last six months' operative current account statement, od facilities (if taken), bank statements for the last six months of cc business proof – your business profile on letterhead, registration certificate for commencement of business, copy of the last two years' income tax returns, processing fee cheque – to be issued within the name of the business account of the applicant existing loan details – to be provided through bank statements