Loan of mortgage
A housing loan is a secured loan used to buy, build, or renovate a home, with the property as collateral.
It is repaid through monthly EMIs over a tenure that can go up to 30 years.
Interest rates are usually lower than personal loans and can be fixed or floating.
Eligibility depends on income, credit score, age, and employment stability.
It also offers tax benefits on principal and interest under Indian tax laws.
Mortgage Loan
A secured loan where you pledge your property to get funds. Offers higher loan amounts with comparatively lower interest rates.
Land Mortgage
Used to purchase or refinance offices, shops, or commercial spaces. Ideal for business expansion or investment purposes.
Commercial property Mortgage Loan
Provides funds for starting, managing, or expanding a business. Can be used for multiple business-related needs.
Industrial Property Mortgage Loan
Specially designed for Micro, Small, and Medium Enterprises. Offers easy approval and benefits under government schemes.