Housing Loans

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 tenures. They are repaid through EMIs. After repayment, the property’s title is transferred back to the borrower.

It is a type of loan that enables you to borrow money from the lender for buying a property of your choice. After the purchase, you can then repay the loan to the lender through monthly instalments. Secured loans are typically a more affordable choice as they are backed by collateral and have lower interest rates than unsecured loans.