An article on an online portal that lists loan limits for FHA loans in India said the maximum limit for loan amount in India is Rs. 2,000,000 per annum.
This article has been amended to clarify that the maximum amount for a new home business loan in India was Rs. 5,000 lakh.
The original article said that a new business loan is Rs 10,000.
The correction has been made to clarify the loan limits of FHA and government-backed loans.
The article has also been updated to reflect the fact that the government-linked loan limits are different from the FHA loan limits.