You can start the process of applying for a Home Loan in any of the following ways:

• Compare offers from different banks
• Check your eligibility basis the income and current loans being serviced
• Apply online with multiple banks, to assess the best & competitive loan offers

Among the multiple factors that a Bank considers in determining Home Loan eligibility are:

• Income of all applicants.
• Age of the primary applicant
• Number of dependents that the applicants have to support.
• Assets and liabilities of the applicants
• Stability and continuity of the primary applicant's occupation.

Yes! You can avail of a Home Loan for any of the following:

• Purchase of a home.
• Construction of a home.
• Home repairs.
• Home improvements.
• Home extension

Offers of Fixed and Floating rates as explained below:

• Fixed Home Loan rates: The rate of interest applicable for the Home Loan is fixed throughout the term of repayment of Loan.
• Floating Home Loan rates: The rate of interest applicable for the Home Loan changes with change in the Bank's Base rate.