Home loan guide: How banks approve, process and disburse your loan

Securing a home loan involves a structured process, beginning with an eligibility assessment based on your financial standing, credit score, and income stability. Following application and fee payment, lenders meticulously verify your details and the property's legal and technical aspects. Once sanctioned, a loan agreement is signed, leading to disbursal, either in full for ready properties or in stages for under-construction ones.

By TOI REAL ESTATE DESK