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Q.

What is the Process of Home Loan Sanction?

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Summary
Home loan sanction begins when you apply to a bank or housing finance company with income proof, KYC, bank statements, and property documents. The lender verifies your credit score, income, and repayment capacity, then conducts a legal and technical valuation of the property. If satisfied, it issues a sanction letter stating the approved amount, interest rate, tenure, and conditions. After you accept the terms and complete formalities, the loan is disbursed.
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