A Home Loan from ShubhBank is a secured loan product that provides finances for the purchase or construction of a residential/commercial property. One can also avail a housing loan to buy a plot of land and construct on it. Home Loans are also issued to extend/ repair/ renovate/ alter a new or second-hand property. This loan is taken by a borrower against the property/security to be bought. This is done by giving the banker a conditional ownership over the property i.e. if the borrower fails to pay back the loan, the banker can retrieve the lent money by selling the property. The longer tenure you opt for, the more is your home loan eligibility and the lesser is your EMI. Your credit report tells the bank about your repayment capacity and hence determines if you’re eligible for a loan.