Loan

Home Loan

A home loan, a secured financial product, is accessible for the purchase or construction of residential properties. Presently, home loan interest rates commence at 8.50% per annum. The majority of banks and housing finance companies (HFCs) approve home loans ranging from 75% to 90% of the property’s value. Noteworthy advantages include a low processing fee, provisional sanctioning, a tenure of up to 30 years, and the flexibility of equated monthly installments (EMIs).