Home Loan or Purchase or Construction Loan

Home Loan is a secured loan and it is quite easy to get this loan faster because your home will work as collateral. Since, it is not possible for most of the masses to have enough cash for buying their dream house; home loans have gained popularity to get the fund for buying house as one can pay back these home loans, over a period of time, through expedient equated monthly instalments. Usually, banks provide you maximum 80% of the value of your house, as a home loan, if the value is over 20 lakhs otherwise they can also provide you up to 90% as home loan