{"id":574,"date":"2021-06-05T11:53:10","date_gmt":"2021-06-05T11:53:10","guid":{"rendered":"https:\/\/www.loanfasttrack.com\/blog\/?p=574"},"modified":"2022-07-23T09:46:21","modified_gmt":"2022-07-23T09:46:21","slug":"home-loan-sanction-v-s-home-loan-disbursement","status":"publish","type":"post","link":"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/home-loan-sanction-v-s-home-loan-disbursement\/","title":{"rendered":"Home Loan Sanction v\/s Home Loan Disbursement"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2021\/06\/HOME-Loan-1024x576.png\" alt=\"Home Loan Sanction v\/s Home Loan Disbursement \" class=\"wp-image-575\" srcset=\"https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2021\/06\/HOME-Loan-1024x576.png 1024w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2021\/06\/HOME-Loan-300x169.png 300w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2021\/06\/HOME-Loan-768x432.png 768w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2021\/06\/HOME-Loan-800x450.png 800w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2021\/06\/HOME-Loan.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Home loan sanction and disbursement are two important processes\nof home loan processing. The sanction is proof that your home loan has been\napproved by the lender Banks\/NBFCs\/HFCs, which is validated by issuing a home loan sanction letter\nand hence the housing loan\nsanction letter serves as proof that you are eligible for a home loan\nfor the mentioned amount on the sanction letter. While disbursement, on the\nother hand, means receiving the approved loan amount from the lender post your\nproperty valuation and legal. <\/p>\n\n\n\n<p>The\nhome loan process can broadly be divided into 3 steps:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Make a home loan application\n&#8211; <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>Apply for a home loan<\/strong><\/a> online or offline.<\/li><li>Get a home loan sanctioned\nfrom the lender i.e., the sanction process.<\/li><li>Home loan disbursement process.<\/li><\/ol>\n\n\n\n<p>Here\nis <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/everything-you-must-know-before-applying-for-a-housing-loan\/\"><strong>everything you must know before applying for a housing loan<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Home\nLoan Sanction Process<\/strong><\/h2>\n\n\n\n<p>On\nmaking a successful home loan application to the lender either <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/online-vs-offline-home-loan\/\"><strong>offline or <\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/online-vs-offline-home-loan\/\"><strong>online home loan<\/strong><\/a> sanction process begins. Ensure you fill in the correct details on your home\nloan application such as your residential address, employment details, income\ndetails, contact details, etc. while applying for a house loan mainly because\nwhen you make your home loan application to a lender, the lender makes a\nbackground check to verify your personal details filled in the home loan\napplication form. Therefore, make sure your credentials are correct before you\napply for a housing loan. If the lender is not convinced about your\ncredentials, there are chances that the lender might reject your <a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"><strong>housing loan application<\/strong><\/a>. If the lender is satisfied,\nhe approves your home loan and issues a <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-to-read-home-loan-sanction-letter-of-bank\/\"><strong>sanction letter of\nhome loan<\/strong><\/a> for the approved loan amount.&nbsp; <\/p>\n\n\n\n<p>The\nsanction letter typically contains the following. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Basic details of the\napplicant &#8211; name, address, and contact details.<\/li><li>Home loan sanctioned amount. <\/li><li>Home loan interest rate\napplicable.<\/li><li>Applicable interest rate type\ni.e., fixed home loan interest rate or floating home loan interest rate.<\/li><li>Home loan tenure.<\/li><li>Home loan sanction letter validity.<\/li><li>Home loan <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-is-home-loan-emi\/\"><strong>EMIs<\/strong><\/a> and <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/is-pre-emi-better-than-full-emi-find-out-yourself\/\"><strong>Pre-EMIs<\/strong><\/a> (if any).<\/li><li>Home loan <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/must-know-all-costs-in-home-loan\/\"><strong>processing fees and a list of other charges<\/strong><\/a>.<\/li><li>Pre &amp; part payment\/\nforeclosure conditions &amp; charges (if any).<\/li><li>Applicable terms of\ndisbursement of the home loan amount, i.e., the<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/what-do-you-mean-by-psd-conditions-in-home-loan\/\"><strong> PSD conditions of home loan<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<p>Generally,\nthe home loan sanction letter is valid for a maximum period of 6 months, within\nwhich you have to finalize a property. If you fail to finalize within the\nsanction validity you might have to go through the entire sanction process once\nagain and once again pay the applicable processing fees separately thereon.\nHowever, you may get a chance to re-sanction your home loan simply by\nsubmitting your latest financial documents if you finalize the property within\n1-2 months after the expiry of the sanction letter. <\/p>\n\n\n\n<p><strong>Also Read: <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/3-popular-home-loan-schemes-of-the-top-mortgage-lenders\/\"><strong>3 Popular Home Loan Schemes Of The Top Lenders.<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table aligncenter\"><table class=\"has-background\" style=\"background-color:#fcf0ef\"><tbody><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"><strong><em>Apply For <\/em><\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"><strong><em>In\n  Principle Sanction Letter For Home Loan<\/em><\/strong><\/a><strong><em><\/em><\/strong>\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Remember,\nyour home loan is sanctioned only based on your personal &amp; financial\ncredentials. Therefore if you are planning to purchase a house, it is better to\nget a home loan sanction\nletter from the bank before you make a purchase commonly referred to as <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/pre-approved-home-loans-pre-sanction-home-loans\/\"><strong>pre sanction home\nloan<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/pre-approved-home-loans-pre-sanction-home-loans\/\"><strong>s or <\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/pre-approved-home-loans-pre-sanction-home-loans\/\"><strong>pre-approved loan\nsanction letter<\/strong><\/a>. This helps you to know where you stand concerning your <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-do-you-mean-by-loan-eligibility-in-home-loan\/\"><strong>home loan eligibility<\/strong><\/a> and accordingly plan for the\nproperty budget. Hence, the pre-sanction loans i.e., the loans applied even\nbefore finalizing the property are subject to property clearance i.e., the\nproperty valuation and clear title of the property. (Also Read: <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-to-apply-online-home-loan-with-icici-bank\/\"><strong>How To Apply Online Home Loan With ICICI Bank<\/strong><\/a>.)<\/p>\n\n\n\n<figure class=\"wp-block-table aligncenter\"><table class=\"has-background\" style=\"background-color:#fcf0ef\"><tbody><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong><em>&nbsp;<\/em><\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong><em>Apply\n  for ICICI instant home loan sanction<\/em><\/strong><\/a><strong><em><\/em><\/strong>\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Housing\nLoan Disbursement<\/strong><strong> Process<\/strong><\/h2>\n\n\n\n<p>Disbursement\nis a home loan process\nafter sanction. It is the last process for funding your property. The\ndisbursement is a process of 7-8 working days. However, the home loan disbursement time\nvaries with the lenders. It is a process where you pledge your property by\nsubmitting the original set of property papers along with a duly signed application for home loan\ndisbursement i.e., the disbursement agreement of the lender. The\noriginal property papers will remain in the custody of the lender till the time\nyou repay in full the borrowed principal and the interest amount back to the\nlender. <\/p>\n\n\n\n<figure class=\"wp-block-table aligncenter\"><table class=\"has-background\" style=\"background-color:#fcf0ef\"><tbody><tr><td>\n  <strong><em>Apply For HDFC Home Loan Sanction Letter Online<\/em><\/strong><strong><em><\/em><\/strong>\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Home\nLoan Disbursement Stages<\/strong><\/h2>\n\n\n\n<p>Following\nis the step-by-step important home loan cheque disbursement process <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Conducting Legal &amp;\nTechnical of the property<\/strong><\/li><\/ol>\n\n\n\n<p>Property legal &amp; technical is an important procedure after home loan sanction. The technical is the physical inspection of the property to know its age and market value. This process ascertains that the lenders do not over-lend the cost of the property, while the legal is a process where your property papers such as sales deed, index 2, plan copy, etc. are examined by the lender\u2019s lawyers and a legal report of the property is hand-over to the lender. The legal is conducted to ascertain the risk in funding the property. For a successful application for disbursement of home loan it is mandatory to have a clear and marketable title for the property. (Also read: <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-loans-can-i-get-on-my-property\/\"><strong>What loans can I get on my property?<\/strong><\/a>)<br><\/p>\n\n\n\n<p>2. <strong>Submitting The Original Property Papers<\/strong><\/p>\n\n\n\n<p>You have to submit the original documents of the property with the lender. The property documents will vary depending on the source from which you are buying a property i.e., whether the property is a resale transaction or a builder transaction. (<strong>Also Read: <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/purchasing-a-resale-property-or-investing-in-a-builder-property\/\"><strong>What is advantageous, buying a resale or builder property<\/strong><\/a>) Therefore for &nbsp;home loan disbursement for under construction property that you buy from a builder\/developer all you need to submit is the property agreement, cost sheet, OC\/CC and the plan copy along with <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/no-objection-certificate-noc-in-home-loan\/\"><strong>NOC<\/strong> <strong>from the builder<\/strong><\/a> &amp; for home loan disbursement for resale flat you need to submit the chain of agreements, property layouts, sellers details, etc. For the complete list of documents required for home loan disbursement please refer to the links mentioned below. <br><br>(a). Home loan <strong>Resale Case<\/strong> <strong>for <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-salaried-list-of-documents-resale-case\/\"><strong>salaried<\/strong><\/a><strong>, for self-employed <\/strong>&#8211; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-proprietorship-firm-resale-case\/\"><strong>Proprietorship firm<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-private-limited-company-resale-case\/\"><strong>Private Ltd. Company<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-partnership-firm-resale-case\/\"><strong>Partnership Firm<\/strong><\/a>.&nbsp; <br><br>(b). Home loan <strong>from builder for <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-salaried-list-of-documents-builder-case\/\"><strong>salaried<\/strong><\/a><strong>, for self-employed &#8211; <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-proprietorship-firm-builder-case\/\"><strong>Proprietorship firm<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-private-limited-company-builder-case\/\"><strong>Private Ltd. Company<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-list-of-documents-for-self-employed-partnership-firm-builder-case\/\"><strong>Partnership Firm<\/strong><\/a>. <br><\/p>\n\n\n\n<p>3. <strong>Fulfilling the PSD conditions mentioned on the sanction letter <\/strong><\/p>\n\n\n\n<p>PSD are the special conditions levied for approving your loan. Such conditions are mentioned on your sanction letter and are to be fulfilled for the disbursement of the loan. Example of <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/what-do-you-mean-by-psd-conditions-in-home-loan\/\"><strong>PSD condition<\/strong><\/a>, mandatory account opening, maintaining fixed deposits with the lender banks, loan closure letter, mandatory salary credit for the newly joined employees, etc. <\/p>\n\n\n\n<p>4. <strong>Pay Down Payment For The Property Purchase<\/strong><\/p>\n\n\n\n<p>Before the disbursement of the home loans, you have to\nensure that you pay your part of the contribution which is the down payment for\npurchasing your house. The amount of down payment may vary depending upon the\ncost of the property. However, the standard percentage of down payment is 10%,\n20% &amp; 25%. Alternatively, you can also decide the amount of down payment\nyou want to put. <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-big-must-be-your-down-payment-on-a-home-purchase\/\"><strong>Click to know how big must be your down payment on a home\npurchase<\/strong><\/a>.<\/p>\n\n\n\n<p>On\nthe successful validation of the property your home loan amount will be\ndisbursed either in full or it will be part disbursement of home loan depending on the\ntype of the property you finalized. For resale property the full disbursement of home loan\namount will be credited to the seller\u2019s account and in the builder case to the\nbuilder account. For the under-construction properties there will be partial disbursement of home loans\nto the builder according to the completion status of the construction of the\nproject. (Also Read: <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-builder-case-resale-case\/\"><strong>Quick Guide To Difference Between Home Loan Builder Case\n&amp; Resale Case<\/strong><\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Home\nLoan Sanctioned But Not Disbursed<\/strong><\/h2>\n\n\n\n<p>It\nis not mandatory that a sanctioned loan has to be disbursed. The reasons for\nnon-disbursement of loan may vary, but following are the common reasons for a\nhome loan sanctioned but\nnot disbursed. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Delay in finalizing the\nproperty.<\/li><li>Location of the property. The\narea is blacklisted by the lender.<\/li><li>The property deal is\npostponed or cancelled.<\/li><li>You get a better home loan\ndeal with other lenders.<\/li><li>You have a higher home loan\nrequirement.<\/li><li>Suit filed on the property or\nlegal issue in the property.<\/li><li>The project or the builder of\nthe property you are purchasing is blacklisted by the lender. <\/li><li>Low valuation of the\nproperty.<\/li><li>Missing property papers.<\/li><li>Not fulfilling the PSD\nconditions on the sanction letter.<\/li><li>Processing fees cheque\nbounce.<\/li><\/ul>\n\n\n\n<p>Must\nRead: <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/10-common-home-loan-mistakes\/\"><strong>10 Common Home Loan Mistakes<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>At\ntimes the actual disbursement amount can be less than the home loan amount\nsanctioned. This is mainly because the disbursement of the home loan is subject\nto the legal and technical assessment of the property. The technical\nverification assesses the market valuation of the property while the legal\nverification assesses the clear and marketable title of the property. These two\nare <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/processing-of-home-loan-mortgage-loan\/\"><strong>vital processes of <\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/processing-of-home-loan-mortgage-loan\/\"><strong>housing loan disbursement\nstages<\/strong><\/a> and are the major reasons for the majority of the rejections in the home\nloan applications. Therefore, to avoid the rejections in home loan disbursement after\nregistration of the property, remember to fulfill the following\nconditions of loan disbursements: &#8211;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>All PSD conditions mentioned in the sanction letter are fulfilled. <\/li><li>The Loan-to-value percentage in home loans is maintained. There are RBI guidelines for home loan disbursement for LTV ratio. The LTV % varies with the market valuation of the property. The maximum loan to value i.e., max LTV in home loan is 90% of the market value of the property.<strong> <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/loan-to-value-ratio\/\">Read more on LTV(Loan-To-Value)<\/a><\/strong>.<\/li><li>Availability of all property papers in accordance with the legal report of the lawyer. <\/li><li>Own contribution for purchasing the property is paid to the seller. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"><strong>Apply for <\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"><strong>ICICI Bank home loan sanction letter<\/strong><\/a>.<\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>Apply for <\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>HDFC Bank home loan\nsanction letter<\/strong><\/a><strong>.<\/strong><\/li><\/ul>\n\n\n\n<p>Now\nthat you know the difference between the loan sanction vs loan disbursement, let us address\nsome common questions on home\nloan sanction vs disbursement.<\/p>\n\n\n\n<p><strong>Q. What is the home loan disbursement time\nafter approval of a home loan?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The disbursement is a process of\nnearly 7-8 working days subject to the fulfilment of the disbursement\nconditions and timely submission of the documents required for disbursement of\nhousing loan. The turnaround time for disbursement may vary with the lender.\nThe turnaround time for the two<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong> best banks for home loan<\/strong><\/a> namely ICICI &amp; HDFC for\nsanction as well as disbursement is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>HDFC home loan sanction time &#8211; 10-15 days.<br><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/why-choose-hdfc-ltd-home-loan\/\"><strong>HDFC home loan<\/strong><\/a> disbursement process time &#8211; 10-15 days.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>ICICI home loan sanction letter\/ ICICI pre approved home loan sanction letter &#8211; 7-8 days<br><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/why-choose-icici-bank-home-loans\/\"><strong>ICICI bank home loan<\/strong><\/a> disbursement process time &#8211; 7-8 working days.<\/li><\/ul>\n\n\n\n<p><strong>Q. What is the home loan disbursement process\nfor under construction property?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The disbursement for under\nconstruction property will be partial as per the demand letter from the\nbuilder.&nbsp; <\/p>\n\n\n\n<p><strong>Must read- <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/mportant-loan-facts\/\"><strong>Important fact while purchasing an under-construction\nproperty<\/strong><\/a><strong>, before you buy one. <\/strong><\/p>\n\n\n\n<p><strong>Q. What will be the EMI for the first disbursement home loan?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The first disbursement of your home\nloan will be as per the demand letter from the builder. You will be paying\npre-EMI on the amount of home loan disbursed. Pre-EMI means paying only the\ninterest on the partial disbursement of your home loan amount. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/is-pre-emi-better-than-full-emi-find-out-yourself\/\"><strong>Read more to find out if Pre-EMI is better than full EMI<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. What is the ICICI home loan sanction letter\nvalidity?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>ICICI\nbank sanction letter for home loan is valid for 6 months. Read to find out <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/why-apply-home-loan-with-icici-bank-by-loanfasttrack\/\"><strong>why to apply for a home loan with ICICI Bank.<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Q. What is the HDFC home loan sanction letter\nvalidity?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>HDFC\nloan sanction letter is valid for a maximum period of 6 months.<\/p>\n\n\n\n<p><strong>Q. What is the procedure after loan sanction?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>After the home loan sanction, you\nneed to submit the property documents to the lender for doing the property&#8217;s\nlegal &amp; technical which is the most crucial process of the disbursement\nstages. On successful reports of the two processes, you may go ahead with\nsigning the agreement with the lender for the loan disbursements. <\/p>\n\n\n\n<p><strong>Q. After home loan disbursement process, how long\ndoes it take for the money to be credited?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>The time for the money credit depends\non the mode for your home loan disbursement. If the home loan is disbursed\nthrough RTGS, it is credited within hours and if the amount is disbursed via\ncheque the loan amount credited will depend on time taken for clearance of the\ncheque.<\/p>\n\n\n\n<p><strong>Additional Read:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-how-your-home-loan-inquiry-impacts-your-cibil-scores\/\"><strong>Know How Your Home Loan Inquiry Impacts Your CIBIL Scores.<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/difference-in-applying-home-loan-with-public-bank-private-bank\/\"><strong>Difference In Applying Home Loan with Public Bank &amp;\nPrivate Bank.<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/cibil-and-its-significance-in-home-loan\/\"><strong>CIBIL And Its Significance In Home Loan.<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/housing-loan-benefits-for-women-borrower-in-india\/\"><strong>Housing Loan Benefits For Women Borrower In India.<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/how-to-apply-for-home-loan-with-bad-cibil-score-by-loanfasttrack\/\"><strong>How To Apply for Home Loan With Bad CIBIL Score \u2013 By Loanfasttrack.<\/strong><\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Home loan sanction and disbursement are two important processes of home loan processing. The sanction is proof that your home loan has been approved by the lender Banks\/NBFCs\/HFCs, which is validated by issuing a home loan sanction letter and hence the housing loan sanction letter serves as proof that you are eligible for a home &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,57,329,4],"tags":[916,911,921,1001,60,577,14,182,1008,918,980,256,148,780,56,920,919,972,218,971,960,997,959,983,975,966,1000,961,970,963,962,977,965,517,967,979,25,914,15,91,906,913,912,994,904,1002,903,996,908,909,126,45,998,11,999,939,1003,13,988,90,987,923,930,953,926,936,931,92,986,935,9,932,907,910,185,12,176,937,215,947,948,951,469,952,216,949,943,944,946,945,954,955,956,950,957,941,938,141,835,927,929,985,924,990,834,991,934,915,922,989,942,940,71,70,928,933,72,917,1005,1006,1007,1004,925,992,984,976],"class_list":["post-574","post","type-post","status-publish","format-standard","hentry","category-finance","category-home-loan","category-lease-rental-discounting","category-mortgage-loan","tag-after-home-loan-disbursement-process","tag-application-for-disbursement-of-home-loan","tag-application-for-home-loan-disbursement","tag-apply-for-housing-loan-online","tag-apply-home-loan-with-icici-bank","tag-bank-of-baroda-mortgage-loan-application-form-pdf","tag-best-bank-for-home-loan","tag-best-housing-loan-rates-in-mumbai","tag-cheapest-home-loan-interest-rates","tag-documents-required-for-home-loan-disbursement","tag-documents-required-for-home-loan-disbursement-hdfc","tag-documents-required-for-loan-against-proeprty-hdfc","tag-documents-required-for-nri-housing-loan","tag-eligibility-for-first-time-home-buyer","tag-express-home-loan-icici-bank","tag-first-disbursement-home-loan","tag-full-disbursement-of-home-loan","tag-hdfc-disbursement-online","tag-hdfc-home-loan-application-form","tag-hdfc-home-loan-disbursement-online","tag-hdfc-home-loan-disbursement-process","tag-hdfc-home-loan-disbursement-process-for-under-construction-property","tag-hdfc-home-loan-disbursement-process-online","tag-hdfc-home-loan-disbursement-process-time","tag-hdfc-home-loan-disbursement-stages","tag-hdfc-home-loan-disbursement-time","tag-hdfc-home-loan-online-apply","tag-hdfc-home-loan-sanction-letter","tag-hdfc-home-loan-sanction-letter-format","tag-hdfc-home-loan-sanction-letter-online","tag-hdfc-home-loan-sanction-letter-validity","tag-hdfc-home-loan-sanction-process","tag-hdfc-home-loan-sanction-time","tag-hdfc-home-loan-top-up-online","tag-hdfc-loan-sanction-letter-online","tag-hdfc-online-home-loan-disbursement","tag-home-loan-balance-transfer","tag-home-loan-cheque-disbursement-process","tag-home-loan-costs","tag-home-loan-disbursement","tag-home-loan-disbursement-after-registration","tag-home-loan-disbursement-for-resale-flat","tag-home-loan-disbursement-for-under-construction-property","tag-home-loan-disbursement-process-for-resale-property","tag-home-loan-disbursement-process-for-under-construction-property","tag-home-loan-disbursement-process-for-under-construction-property-100-1k","tag-home-loan-disbursement-stages","tag-home-loan-disbursement-stages-sbi","tag-home-loan-disbursement-time","tag-home-loan-disbursement-time-after-approval","tag-home-loan-eligibility","tag-home-loan-emi-calculator","tag-home-loan-for-teachers-in-india","tag-home-loan-in-mumbai","tag-home-loan-online-apply","tag-home-loan-process-after-sanction","tag-home-loan-process-after-santion","tag-home-loan-rates-in-mumbai","tag-home-loan-release-stages","tag-home-loan-sanction","tag-home-loan-sanction-and-disbursement","tag-home-loan-sanction-letter","tag-home-loan-sanction-letter-format","tag-home-loan-sanction-letter-icici-bank","tag-home-loan-sanction-letter-validity","tag-home-loan-sanction-process","tag-home-loan-sanction-time","tag-home-loan-sanction-v-s-home-loan-disbursement","tag-home-loan-sanction-vs-disbursement","tag-home-loan-sanctioned-but-not-disbursed","tag-home-loan-transfer","tag-home-loan-without-sanction-plan","tag-housing-loan-disbursement","tag-housing-loan-disbursement-stages","tag-housing-loan-documents-required","tag-housing-loan-in-mumbai","tag-housing-loan-interest-rate-for-women","tag-housing-loan-sanction-letter","tag-icici-bank-home-loan-application-form","tag-icici-bank-home-loan-disbursement-process","tag-icici-bank-home-loan-sanction-letter","tag-icici-bank-home-loan-sanction-letter-format","tag-icici-bank-home-loan-top-up-process","tag-icici-bank-loan-sanction-letter","tag-icici-bank-nri-home-loan-application-form","tag-icici-bank-sanction-letter","tag-icici-home-loan-disbursement-process","tag-icici-home-loan-sanction-letter","tag-icici-home-loan-sanction-letter-format","tag-icici-home-loan-sanction-letter-online","tag-icici-home-loan-sanction-letter-validity","tag-icici-instant-home-loan-sanction","tag-icici-loan-sanction-letter","tag-icici-loan-sanction-letter-online","tag-icici-pre-approved-home-loan-sanction-letter","tag-in-principle-sanction-letter-for-home-loan","tag-instant-home-loan-sanction","tag-joint-home-loans","tag-loan-against-property-processing-time","tag-loan-sanction-letter-from-bank","tag-loan-sa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