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Gokul Ravichander
Civil Engineer | Palakkad, Kerala
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Manufacturers & Exporters of Steel & Aluminium Profiles for Buildings.
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Sajan Thomas
Service Provider
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KOLO EDUCATION OFFICIAL
Service Provider
Today's construction word of the day - Terrazzo
Ever heard of this term?
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Sajan Thomas
Service Provider
What is Home Loan?
Home loan is a form of secured loan that is availed by a customer to purchase a house. The property can be an under-construction or a ready property from a developer, purchase of a resale property, to construct a housing unit on a plot of land, to make improvements and extensions to an already existing house and to transfer your existing home loan availed from another financial institution to HDFC. A housing loan is repaid through equated monthly installments (EMI) which consists of a portion of the principal borrowed and the interest accrued on the same.
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