Types of Home Loans Available in India

1. Home Purchase Loan

Used to buy:

• Ready-to-move houses

• Under-construction properties

• Flats or independent homes

2. Home Construction Loan

Ideal if you own land and want to construct a house. Funds are released in stages as construction progresses.

3. Plot Loan

For purchasing a residential plot. Construction usually must begin within a specified period.

4. Home Renovation / Extension Loan

Used for:

• Repairs

• Remodeling

• Adding rooms or floors

5. Home Loan Balance Transfer

Transfer your existing home loan to another lender offering:

• Lower interest rate

• Better tenure

• Reduced EMI

6. Home Loan Top-Up

Extra loan amount over your existing home loan for personal or housing needs.

At QuickHomeLoan.in, you can find the right loan type based on your requirement and financial profile.