Union Home Loans for Purchase/Construction has a three-year moratorium period. The moratorium period for house loans used for repair/renovation might be up to one year. In the case of composite home loans (loans obtained for plot purchase and house construction), the moratorium period can be extended up to 4 years from the date of the first loan disbursement of the plot loan or up to the period allowed by the Development Authority from the date of plot purchase, whichever comes first.