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

A home loan is a type of loan provided by banks, financial institutions, and non-banking financial companies (NBFCs) to help individuals purchase a residential property. In India home loans have become increasingly popular in recent years, given the significant rise in property prices and the increasing demand for affordable housing.

Home loans are a long-term financial commitment and therefore require careful consideration before making a decision. In India, there are various type of home loans available, such as fixed-rate home loans, floating rate home loans and hybrid home loans