When you buy a new home, you are likely to take a housing loan to finance your purchase. This means a long-term financial commitment that could stretch up to 25 years. Plan ahead and be prudent – focus on financial sustainability so that you can service the loan comfortably. Also, you must get your housing loan approved before making your flat purchase.
Financial Institutions (FIs) offer housing loans with different conditions and benefits. When selecting one, do thoroughly evaluate the options to find one that suits you best.