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Good Morning User, For availing Home Loan, bank will take the house you are purchasing as the security. Generally bank gives loan equals to 75% to 90% of Value of the House you are purchasing, depending on the deal size. Some times the house we are purchasing may not fit into the bank's criteria for giving loans, in that case you may take Loan Against your existing property for the purpose of purchasing new house. For more detail you may contact at 9999213901 or visit wwww.growfs.com

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Bank only takes Residential Flat against which you are availing a Home loan as Security for granting Home Loan. Quantum of Home Loan depends on Market price of the property and typically you get around 80-85% of Market Value as your loan amount maximum,

Answered by: Amit Shah (9 years ago) - Connect with Amit Shah

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