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What is Home Loan?


https://homefirstindia.com

As the name suggests, a home loan is the amount of money an individual borrow from banks or other financial institutions after meeting certain loan eligibility criteria to purchase a residential or commercial property. The money borrowed has to be paid back to the lender in easy monthly installments (EMI) at a particular rate of interest. There are many banks and financial institutions that offer loans to help you buy or construct your dream home. Loans are also available for renovation or extension purposes.

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Created by ipooja 2 days 4 hours ago – Made popular 1 day 15 hours ago
Category: Finance   Tags:
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