In India, home or housing loans are diverse, tailored to specific needs.
Home Purchase Loans fund the acquisition of new or existing homes, while Home Improvement Loans facilitate renovations.
Home Construction Loans support building on owned land, and Home Extension Loans aid expansion. Land Loans target acquiring land for future construction.
Joint Home Loans involve shared liability among co-applicants.
Home Loan Balance Transfers allow shifting an existing loan to a new lender for improved terms.
Apart from these, ICICI Bank also offers Home Top Up Loans for increasing existing home loan amounts, Commercial Property Purchase Loans, Home Overdraft, Loans Against Property, and Money Saver Home Loans. This variety accommodates the multifaceted requirements of all types of borrowers.