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Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer?.

Solutions for Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Chose the correct statement/s regarding Home Loans.. Home Loans can be approved for the purchase/construction of houses and there is no restriction on the number of houses owned by an individual.. Home Loan funds also can be used for commercial purposes.. Home Loans can not be granted for NRIs, POIs, HUF, and partnership firms.. For constructions/purchase of house there is an upper ceiling of Rs. 80 lakhs only.a)Only b)Only c)Only d)Only Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Banking Exams tests.