Various Different Mortgage Loan are: Home Loan; Loan Against Commercial Property; Loan Against Residential Property; Land Purchase Loan; Loan to purchase another commercial property; Lease Rental Discounting; Check Mortgage Loan eligibility requirements carefully before applying. Also, know the Mortgage Loan interest rates to plan your finances ;· A reverse mortgage has been recently introduced in India. It is a special loan, which is introduced for senior citizens. There are many senior citizens who do not have a steady or an adequate monthly flow of income. However, many of them own real estate in some form or the other. So they can opt for this. A reverse mortgage works exactly the opposite of mortgage loans. The way it works is that they have to keep their property as a mortgage …The following are the type of home loans available in India: Land purchase loan: Purchase land for your new home Home construction loan: Build a new home Home loan balance transfer:Transfer the balance of your existing home loan at a lower interest rate Top up loan: Can be used to renovate an existing home or have the latest interiors for your new homeWhat is an Overdraft Home Loan? When you want to manage your unplanned expenses, you can easily access additional funds with the help of a Home Loan Overdraft Facility. The only condition being, you need an ongoing Home Loan with your respective bank to …QUANTUM OF LOAN. Minimum of Lakh; Maximum - Resident Indian - Crore and Non Resident Indians - Crore; MARGIN. 50% of the fair market value of the property mortgaged as per the latest valuation report. NATURE OF FACILITY. Term Loan; Overdraft; REPAYMENT Term loan: The maximum repayment tenure will be lowest of the following three:Our mortgage products are packed with features that will complement both your lifestyle and financial goals. Whether you looking at buying a new house, renovating your existing home, investing in property or transferring your existing loan, Citibank presents to you the widest range of mortgage loan solutions with different mortgage loan rates to make your dream home a Types of Mortgage Loans In India That You Should Know6 Types of Mortgage Loans In India That You Should Know6 Types of Mortgage Loans In India That You Should KnowIndia's First Mortgage Guarantee Company | IMGCSBI Reverse Mortgage Loan provides an additional source of income for senior citizens of India, who have a self-acquired or self-occupied home in India. This product is beneficial for senior citizens who do not have adequate income to support themselves. The Bank makes payments to the borrower /borrowers (in case of living spouse), against mortgage of his their residential house property. The borrower is not expected to service the loan …

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