Home Loan is provided by the Banks/NBFCs for the purchase or construction of a Residential Property.
Rate of Interest at present varies from 6.70% to 10% depending on the profile & property of the customer.
Home Loan Eligibility depends on the following conditions :-
1. Your total annual income
2. Your existing liabilities.
3. Your total work experience and present job/business experience.
4. Valuation & Legal of the property.5. Financial documents.
* Minimum Age at the time of Application should be 21 years