Minimum Down Payment Required for a Home Loan
What is Home Loan Down Payment? Down payment on home loan is the upfront payment you makes to a bank or NBFC.
For property below 30 lakhs: maximum 90% LTV (loan to value) is allowed
For property in the range of 30 to 75 lakhs: maximum 80% LTV is allowed
For property above 75 lakhs: maximum 75% LTV is allowed
To Know More About the Loan Process and Repayment