Whether it is a student loan, some unpaid credit card bills or a house loan you are close to defaulting on, most of us look to pay off the dues and get debt free. However, it often becomes very difficult to pay off these debts using only one’s salary. In such a case, many people […]
Quality education lays the foundation of a steady career and a better package. However, its ever-increasing cost has rendered it out of bounds for most people. As a result, most people have to finance their higher education through education loans from banks or NBFCs. However, those who cannot avail education loan due to lack of…
Benefits for Women Home Loan Borrowers in India
Want to Close Your Home Loan Early? Here 3 Smart Ways That Can Help You in Closing Your Home Loan Faster and Early.
हिंदी में पढ़ें Scheduled banks offer home loans at 6.50% p.a. onwards for tenures up to 30 years and loan amounts of up to 90% of property’s cost. To cater to the housing finance requirements of a wide customer base, the banks offer various home loan schemes offering benefits such as higher eligibility, reducing EMIs,…
Home loan is a secured loan that requires you pledge the property to be purchased/ constructed/ renovated/ extended as collateral with your lender. But you do not get the entire value of the asset pledged as a loan and this is where the LTV ratio comes in the picture. What is Loan-to-Value (LTV) Ratio in…
