How to Take Home Loan – How Much Can I Get A Home loan

How to Take Home Loan – How Much Can I Get A Home loan

Are you thinking of taking a home loan and you have many questions in your mind like how much home loan can be availed, for how long, I am present with the answers to all these questions.

Through this article, we will tell you how to take a home loan, feel free to read this information till the end.


Nowadays most of the people are availing loan facilities, most of the people do not have enough money to build their dream house but the bank can help you in this, you can visit any public sector bank or private sector bank near you. You can take a home loan and then after that you can repay the loan by paying your monthly installments.

How Much Can I Get A Home Loan?

The bank uses some factors to give a home loan, only then the bank is able to depend on which person can get the loan. To get a loan from the bank, it is decided on the basis of other factors like Credit Score, Salary, Location, Applicant’s age, etc. How much loan can be availed from the bank. The bank specifically provides loan facility based on the applicant’s monthly salary and takes into account how much your salary in hand is usually received. Apart from this, the bank also decides how you will repay the loan, only then the loan is offered to you.


For giving loan from the bank, it is also able to decide on the basis of the items being mortgaged, how much loan you will be for eligible, this bank considers all the things keeping in mind, if the wrong person gets the loan then The bank may face many problems.

Now let us explain you through an example, suppose your in hand salary is ₹ 25,000 per month, then you can take a loan amount of about 15 lakh rupees from the bank, if your salary is less than this or more then you can give below According to the given table, we will be able to decide on how much salary we can take bank home loan.


Home Loan Details

Article Name How much can I get a Home loan? How to take Home loan?
Mobile Application Name Home Credit App
Type of Loan Personal Loan
Age for taking loan from Home loan Between 18 years to 65 years
Documents required to take loan from Home loan PAN card, Aadhar card, Bank details etc.
Home loan Application Process online process
What is the credit limit for home loan? ₹5000 to ₹5 lakh

Monthly Salary Amount: Loan Amount

– If an employee earns ₹ 15000 per month in hand, then that employee can get a home loan from the bank on the basis of salary: 9 to 10 lakh rupees.

– If an employee earns 25,000 rupees in hand every month, then that employee can get a home loan from any bank according to his salary: 17 to 18 lakh rupees.

– If the employee receives 30,000 in hand salary every month, the employee can get a home loan of: 21 to 23 lakh rupees.

– If an employee is getting salary of Rs.40,000 per month: then that person can get salary from Rs.28 to 30 lakhs.

– How much loan will the employee getting salary in hand Rs.50,000 in hand: You can get a home from Rs.36 to 40 lakhs.

– How much loan will be given to individuals earning a salary of Rs.70,000 per month: Loans can be availed between Rs.50 to 55 lakhs.

According to the above-mentioned information, now you must have got an idea that how much we can get house loan from the bank, if you are thinking of taking a house loan, then pay attention to your salary, then easily loan from the bank.

Note: The bank can increase or decrease the loan amount according to its terms and conditions, it will depend on your credit score, monthly salary and the loan amount already running.

Things to Note

Before giving the bank loan, it sees that the person who is taking the loan can give 50% installment from my monthly salary every month or not, only after considering the bank is able to decide how much loan will be given.

Whenever taking house loan, make sure to read other important information like interest rate, processing fee, terms of condition etc. carefully.

If you are buying a house, home, flat, in installment, then definitely take a bank agreement with your builder, so that if you pay all the EMIs, then the builder cannot do away with giving possession of the house, this problem is present to many people. It has been seen in time, so do not forget to take the bank agreement.

On taking a home, you have to make a down payment of 10 to 20 percent of the value of the Home, flat, house, while the remaining 80 to 90% of the amount has to be paid in installments, if our opinion is to be believed then you should make more down payment, this will be That you will have less burden on paying the loan installment.

For How long Can one take a Home loan?

Generally, home loan from banks can be taken for a tenure of 20 years where the bank is able to determine for which person the loan for how long, depending on the documents submitted by you, monthly income, age, etc. When you take a house loan from the bank, then you can increase your credit limit, credit score by repaying it in small monthly installments every month.

How to Take Home Loan?

Home loan can be availed by visiting any public sector bank, private sector bank, submitting your documents, this loan applicant gets the loan amount according to his land. If you want to take House loan, you can follow this article of ours You can read where we have told the online step by step process, with the help of which House loan can be taken from home.


Through this article, we have given you information about how much home loans one can get. Apart from this, for how long a home loans can be taken, how can one apply online.

If you want to ask any kind of question from us or if you have any kind of doubt, then you can give your opinion in the comment box below, from this article you must have got information about how much loan is available from the bank, then you can check this important You can share the information on social media so that this helpful information can reach all the people and help people to take loan. Follow Facebook

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