Wondering about the home loan disbursement process? There are three stages, namely the submission of the application form and documents followed by the sanctioning and the disbursement which is usually communicated through the home loan disbursement letter. This letter is where you will find the home loan disbursement schedule for your home loan.
It is also better to use a home loan eligibility calculator in order to understand the amount that you will be eligible for and a home loan EMI calculator to work out the amount to be repaid every month and whether you can afford it or not. Once you have approved the home loan sanction letter, the disbursement process will start.