Buying a home is always a dream for all rather a biggest achievement. There are lots of planning and hopes related to that however, now-a-days buying home is very costly. So there are wide varieties of home loans also known as housing loans available.
You can avail a Home Loan of up to `500,00,000 (minimum loan amount `1 lac) but not exceeding 85% of the cost of property (including stamp duty and registration fees) or 80% of market value, whichever is lower. The loan amount can be further enhanced by including an earning co-applicant.
The actual Home Loan amount is determined taking into various account factors such as: