Housing Loans

A home loan or housing loan basically means a sum of money borrowed from a financial institute or from a bank to purchase a house. A loan consists of stable and adjustable interest rates.

We offer up to 75% of the relevant property. The value is decided in accordance with the valuation report prepared by the chartered valuation officer. Which is to be obtained from our panel of valuer’s.

For home buyers, the primary purpose or a home or housing loan is to facilitate the purchase of a house or construction of a housing unit. The margin on a home loan refers to the percentage of the cost of the home that is not covered by the lender providing you with the home loan on average lenders implement a 20% margin on home loans.

Ex: The home loan amount sanctioned to you will be 75% of the actual cost of the property.

Our bank provides housing loans, for the purchase of land, construction, depending upon a decided maximum repayment period up to 30years. It provides with reasonable rates of interest rates and minimal charges. Before buying a home loan look around for the best mortgage lenders and get advice on finding the right lender for you. Therefore visit our bank during working hours of visit our web-site.