02 Nov 2020

#loantovalue
Know All About Loan-to-value (LTV) In Home Loan
The RBI has issued guidelines regarding the maximum LTV ratio for home loans that the banks can set up for the loan amount.
If the loan amount is below 30 lakhs, the LTV ratio can be a maximum of 90%.
For loan amount between 30 lakhs to 75 lakhs the ratio can be a maximum of 80%.
While for the loan amount of above 75 lakhs the ratio can be a maximum of 75%.
For instance,
If the worth of your house is Rs.1 Crore and the LTV ratio of the bank is 75% then you can avail a maximum loan of 75 lakhs.
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