Home loan in Hindi means - home loan. In Urdu, it means loan for the house. Obviously, this is a type of loan, which is taken for the construction or purchase of a house. Home loan is also available for home improvement or repairs. Also to buy land or plot to build a house. Banks or financial institutions issue home loans. Home loans can be availed for a maximum tenure of up to 30 years. Later it has to be returned with interest. You can return it in installments. You can also return the lump sum after a certain period as per your convenience.