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Getting a home loan on a pagdi property can be a little difficult as there are ownership issues and banks look for clear ownership titles. If you are saying that the property has been transferred in your name and you hold the title of the property, then it is possible for banks to approve your loan application as you have a collateral to offer. However, there are many other factors that affect the bank’s decision.
If you are unable to get a loan against your property then you can either take a loan against fixed deposit or a personal loan.
I hope this was helpful.
You can also do a check of your home loan eligibility beforehand to avoid any misinformation. Try NoBroker's eligibility form to check your home loan eligibility.
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Sorry, you cannot vote on the same answer more than once.
If you are wondering whether it is possible to get a home loan on Pagdi Property?
Banks look for clear ownership titles.
If the property has been transferred in your name and you hold the title of the property, then it is possible for banks to approve your loan application as you have a collateral to offer.
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Ujwal
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2 Answers
3 Year
2021-07-15T19:23:01+00:00 2023-09-21T15:33:09+00:00Comment
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