What is the maximum amount I can borrow?

The maximum amount that you can borrow depends on factors such as:
• The purpose of the loan.
• Whether it is for purchase of property or improvement or renovation.
• Or purchase of land for development etc.
Besides, your residential status (whether resident Indian or Non-Resident Indian) will also be significant on the maximum quantum of loan that you can borrow. Typically Home Loans are provided for in the range of 75%-85% of the cost of the property, including cost of land.