Main loans list below:
# Home Purchase Loan
This is the loan for purchasing a house.
# Home Improvement Loan
This loan is given for implementing repair works and renovations to your home.
# Home Construction Loan
This loan is available for the construction of a new home in own land.
# Home Extension Loan
Loans given for expanding/ extending an existing home. For example, addition of an extra room, addition of an extra floor etc.
The Loan is designed for people who wish to sell the existing house and purchase another house. The bridge loan helps finance the new house, until a buyer is found for the old house.
# Land Purchase Loan/ Plot Loan
This type of loan is sanctioned for purchase of land, for both house construction/investment purposes.
# NRI Loans
This loan is tailor made for the requirements of NRIs (Non residents Indians) wishing to build/ buy a house/flat/land in India
# Stamp duty Loan
This loan is sanctioned to pay the stamp duty amount that needs to be paid on the purchase of a House/flat/land
Balance Transfer loans help to pay off an existing home loan with a higher interest rate, and avail of a loan with a lower rate of interest.
# Mortgage Loans
This is a main loan, the mortgage loan allows the borrower to apply for loan against a property like house, flat, land.
Also read
What is Pre - approved loans?
It places a lien on the home until it is paid off.
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