Home is a dream place for every person where he relaxes and spends beautiful moments with loved ones. It is a big financial decision to buy a house and comes with a great responsibility. It is among the toughest decision one can ever make and needs a lot of financial support. Lending money from a bank is the simplest and secured way to finance your dreams.
Home loan is basically a secured loan. Secured against the value of property, the property can be personal or commercial type. There are a number of banks and NBFC’s that lend money for housing purpose. It may be for any purpose either from constructing a brand new house to renovating old one. Home Loan Balance Transfer Facility is available for customer to reduce the burden of increased interest rate.