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What are the eligibilities to obtain a home loan?

April 26, 2017eligibilities home loan obtain

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What are the eligibilities to obtain a home loan?

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According to most lending institutions, any Indian resident who is over 21 years of age at the beginning of the loan and below 65 at its maturity can avail of the loan. Salaried employees as well as Self-Employed citizens, MNC’s can apply. NRI Salaried and NRI Self-Employed, under RBI guidelines, can approach nationalized banks and other HFCs for loans.