What term should I choose while applying for home loan?

The term is really a function of your repayment capacity. At any rate, ensure that your EMI doesn’t exceed 50% of your monthly take-home pay. A number 40% or lower is generally more comfortable. You can keep this variable in mind and choose your term accordingly.

In case you are buying an under-construction property and hence are forced to pay both rent and EMI at the same time for a few years, the ratio of EMI to your income should be even lower.


All Loans FAQs

Get the all financial products under one roof only at

you will NEVER GO WRONG with us!

Unbiased . Best Deals . Appropriate Products . No Mis-selling