Home Loan
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Home Loan
A home loan is a secured loan that is obtained to purchase a property by offering it as collateral. Home loans offer high-value funding at economical interest rates and for long tenors. They are repaid through EMIs. After repayment, the property's title is transferred back to the borrower. For home buyers, the primary purpose of a loan is to facilitate the purchase of a house or to finance the construction of one. A home is the biggest investment most people will ever make, and few private individuals could afford one without a mortgage.
Documents_Required
- Identity Proof - Pan Card / Aadhaar Card / Voter ID card / Driving License
- Current Address Proof - Driving license/ Passport Copy/ Latest Gas Bill/ Bank Passbook
- Source Of Income - Salary Slips / ITR (If Business)
- Property Documents - Property Tax / Sale Deed / Linked Documents
- Bank Statement - Latest 3 Months Statement
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