Home > Home Loan FAQs
When can I apply for a Home Loan?
How do I make an application?
How is my Home Loan eligibility determined?
What are the types of home loans available?
How long does it take to get my application processed and the loan sanctioned?
What is the maximum amount I can borrow?
What security/collateral do I have to provide?
Does the property have to be insured?
Can I take a Home Loan for construction in one city while working in another city?
What is the range of interest rates offered?
How is the interest rates calculated on my loan?
What are the bases of interest rates calculation?
What is the Fixed Rate of Interest?
And Floating Rate of Interest?
What are the repayment period options?
Can I repay my loan ahead of schedule?
Who can be a Co-Applicant?
What are the fees and charges payable and when are they payable?
What is the EMI?
In how many installments can the loan be disbursed?
Do I get a tax benefit on Home Loan?
Does the agreement for sale have to be registered?
I have applied for a loan of Rs.35 lakh along with my brother who is the Co-owner and co-borrower for the purchase of a new constructed house. I am paying the EMIs from my bank account. Can we both claim IT benefit under this situation and if so how?
Currently my husband and me have a joint home loan for Rs.7.75 lakh.our EMI works out to be Rs.8000 per month. I’m looking for a second home loan under my name. Does Indian banking law allows a person to have two home loans under their name? Please advice.
Can a bank help me get 100% loan for the home? Or some option because I can’t pay even 20% of the cost of the home.
What is the process to resell a flat? I have bought an under-construction flat and have taken a home loan from a leading lender.
What are the documents required at the time of application?