Overview
PAL stands for ‘Pre Approved Loan’.
Once the bank has checked your credibility, you can get a loan from them even before you have decided on the property. This way, you can negotiate boldly with the builders or sellers for the cost of the property.
rate trends:
Key Features
Eligibility
Processing
Fees
Document Required
Note: All documents listed above are only indicative of the general list of documents requested by the bank, these may vary depending on your location and financial history. Do check with your bank while applying for the loan.