May 13, 2016
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5:24Now PlayingNK Prasad from Bengaluru asked how to procure a home loan for elderly citizens? He wants to buy a flat worth Rs. 75 lakh at Brigade Orchards Parkside in Bengaluru. His wife owns 3 flats in Chennai worth Rs. 8 crore. Bank alleges that they are not eligible for home loans because of senior citizen criterion.
Expert Nitin answered that home loans are generally available for senior citizens who are self-employed or pensioners and also has age limits and loan against property could also be availed. Tune into the video to know the full answer:
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