When a customer borrows an amount from a bank to purchase their desired house, the amount borrowed is the home loan for the house. You can avail a home loan to purchase either a personal or commercial property.

Nowadays, home loans provide respite to millennials looking to buy their own homes. Digi Loans India Home Loan funds 75%- 80% of the cost of the property. Consequently, it helps the borrower move a step closer towards their dream home, unaccompanied by the burden of a colossal expense at once. Moreover, EMIs lessen the burden of paying back a huge sum all at once.