Saturday, February 13, 2010

Home Loan in India

In india, Home loan is the best option to the normal people for builing new home, purchsing home or for rebuilding existing home. Many banks in india are providing home loans with low interest rates.

Most banks in india are issuing the home loan immediately for the loan applicants. The applicant must have atlest 21 years of age and should earn a minimum of 1 lakh rupess per annum to get the home loan approved in india.

Home loan is granted to both indian residents and NRI's from the indian banks if applied with all documents perfectly. Home loan in india ranges from 2 lakhs to 10 lakhs.

Along with banks few financial companies are also providing home loan in india. Taking a home loan from banks is better than taking a home loan from a financial companies in india.

Note - This is a guest post written by Ravi the admin of Loansbuzz.com

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