A Building Construction loan is a secured loan that is obtained to purchase a property by offering it as collateral. Building construction loans offer high-value funding at economical interest rates and for long tenors. They are repaid through EMIs. After repayment, the property’s title is transferred back to the borrower.

The lender possesses the legal rights to recover the outstanding loan amount by the sale of the property in question in case the borrower cannot repay the dues.

Eligibility

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