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Query: What is Home Loan

Category: Finance

Answer: Home loan is a loan given by various banks & institutions to finance the purchase of a residential house / apartments / bungalows or for a purchase of a plot for construction of a residential building / house /bungalows etc. Home loan also includes a loan given to do additional construction or improvements in the existing constructed residential property.

Date Posted 26-Jan-2020
Posted By Kumar Prakash
Views: 670



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