What is Home Loan Process ?

A Home Loan Applicant approaches Bank with documents supporting their Employment,Income,Residence and Age Proofs.

The Bank then conducts a scrutiny of applicant's submitted documents. After positive verification, the applicant is issued Home loan sanction letter. The loan sanction letter contains Bank offer to Applicant. This is Home Loan Sanction process. If, applicant agrees through a mutual acceptance letter; he is given loan amount as part of disbursement process.

1). Home Loan...

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