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Does the scheme allow the house owner not to avail the loan from a lender even after the completion of the documentation?

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Does the scheme allow the house owner not to avail the loan from a lender even after the completion of the documentation?

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NHB has advised lenders that Senior Citizens may be given up to three business days to cancel the transaction, thereby allowing them to exercise their “right of rescission” in case they change their mind.

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