A housing loan helps individuals buy, build, or renovate their dream home with affordable interest rates and flexible repayment options. Offered by banks and financial institutions, these loans come with fixed or floating rates, making homeownership more accessible. Borrowers can benefit from tax deductions under Section 80C and 24(b) of the Income Tax Act. With easy EMI options and varying tenures, a housing loan ensures financial convenience while securing a long-term investment in real estate.