Latest Answer: As per the home loan policy the banks will only fund 80% of the project cost and the balance 20% has to be borne by the customer, and if it’s a under-construction property many banks insist that the customer pay up his 20% of the cost to the builder and only then apply for a home loan. There are some banks which give a unique facility called parallel funding where the customer can avail his home loan after paying just 10% of the project cost instead of 20%, the balance 10% has to be then paid by the customer as and when the demand is made from the builder over the next 1 or 2 years that the project may take to complete. At any point of time the percentage of payments made to the builder from a customer and the bank has to be the same, if by any chance the customer fails to pay the balance 10% in proportion to the disbursement requested from the bank the banks may refuse to release the payments until the customer clears his part of the payment to the builder. This facility may not be available to all builders and most of the time is limited to only those builders who have a reputation of finishing their projects on time.