Types of property loan schemes available in the Indian Property Loan market can be categarised and listed as under :
1). Housing Loan (for Residential/Commercial Property and available for direct finance to individual/s) :
i) House Purchase Loan
ii) House Renovation/Improvement Loan
iii) House Extention/Alteration Loan
iv) Land Purchase Loan for consruction of a house.
2). Mortgage Loan (against Residential/Commercial/Industrial Property)
3). Loan against Leased / Rented Property (for Residential / Commercial Property)
4). Reverse Mortgage Loan (against Residential Property). |