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home loans

6 Things to Consider Before Buying a Second Home

Buying a second home is a dream for many people and the thought of owing a second home is itself very tempting. Nowadays the availability of home loans at lower interest rate has made it possible all the way. People who… Continue Reading →

Home Loan Top-ups – Are there Better Options?

Owning a home is a dream which is common to every common people, and Home loan is the best option for you to make your dream come true by purchasing a house. This fact is known to each and every… Continue Reading →

Own Your Dream House with Pradhan Mantri Awas Yojana

As per the recent survey India is going through a drastic shifting change. People because of the growing opportunities are shifting from rural areas to the urban areas. A lower class man shifts to a bigger town or city to… Continue Reading →

Home Loans in India: One for Every Need!

Home is one of the basic requirement after food and air for every human on this earth. Home is the place where one feel most safe, protected and relaxed. Some have their own house and some use rented house to live in…. Continue Reading →

Saving Tax on Home Loans

The dream of owning a house in India is no more a tough task when there are ample options to get a home loan. Indian Government is promoting housing in the country and there are target to ensure everyone own… Continue Reading →

No EMI Till Possession – What does it Means?

Everyone who has a plan of buying a house/flat from a builder would have come across this statement “No EMI Till Possession!”. But, what does it actually means? The answer will help you decide whether to take such offers provided… Continue Reading →

5 Tips for Home Loan for Under Construction Projects

Home loans are offered by bankers to your builder directly when it is taken for under construction projects. The builder will pay interest on this loan amount until he will hand over the house key to you after construction. The… Continue Reading →

Pre- EMI v/s Full EMI – What You Should Know

An equated monthly installment is also known as EMI and it is a combination of principal of the loan amount plus interest. All times depending on the loan type full loan amount will not be disbursed by the bank. In… Continue Reading →

Why Should You Calculate the EMI before Taking a Home Loan

Deciding home loan amount depends on the affordability of EMI. Every bank will first check how much EMI can the applicant afford and on the basis of this loan amount will be decided and the same will be sanctioned. Thus… Continue Reading →

All about Pradhan Mantri Awas Yojana – A Home Loan Subsidy Scheme from GoI

PMAY or Pradhan Mantri Home Loan Subsidy Scheme is a Credit Linked Incentive Scheme (CLSS) through which home loans are made available at interest rate of 6.5% onwards. This loan can be availed up-to 15 years and should be used… Continue Reading →

Loan against Property or a Home Loan: Understand Your Requirements

Home Loan is a loan that is offered to individuals by banks or NBFCs to buy a house. This amount has to be repaid by borrower to the lenders through monthly installments also known as EMI. However, loan against property… Continue Reading →

10 Hidden Charges of Home Loans

Hidden home loan charges are unfair, deceiving and fraudulent practices by the banks in order to make more money from the commoners. There are no steadfast rules followed in this area of the banking sector. There are no definite guidelines… Continue Reading →

10 Home Loan Terms You Should Know

Buying a home is always a long term investment for many for us. Thus it is very crucial to get yourself well aware of all the know-how of buying a home through home loan. In simple term, home loan will… Continue Reading →

5 Different Home Loans You Can Get in India

Just like food and clothing, housing is also a very basic necessity. And for this the three main available option are either you rent a house, take it for lease or own one .While every youngster strives to build a… Continue Reading →

Cash Payment v/s Home Loan for Your Dream Home

The home of your dreams is not a choice you make in a hustle. You research a lot and think a lot too. Now, many times people fall into an enigma when it comes to the payment procedure that whether… Continue Reading →

Accounts that Reflect in Your Credit Report

Credit Score By now you have probably understood that scores are not only important in school or college mark sheets but also have immense intrinsic value in real life as well. Each and every activity you perform leads to adding… Continue Reading →

Home Loan Pre-closure: Good Idea or a Bad Idea

What is a Home Loan Pre-closure? Home loan pre-closure can be understood as the early repayment of a home loan by a borrower. This can be done in part or sometimes full repayment. It is done in order to avail… Continue Reading →

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