How many people can apply as joint borrowers for a home loan?

Currently, India allows only six people to apply for a loan as joint borrowers.

Only immediate family members such as your parents, spouse and children are allowed to be joint borrowers in case of a home loan.

If you are applying for a joint loan, ensure your co-borrower has a good credit score and credit history. If you have to choose among family members for loan application, pick the family member with good credit score and history as it will be easier for you to get a loan.