Any amount of money borrowed from a bank or an NBFC for the purchase, expansion, or construction of a home at a certain fixed or floating rate of interest, payable in EMI or Equated Monthly Instalment over an agreed period, is termed as a Home Loan. The property remains as security with the lender for the term or period of the loan. You may avail a home loan for purposes such as:

• Purchase of Residential Property
• Acquisition of Land
• Home Construction
• Home Expansion
• Home Renovation
• Balance Transfer