What are the Costs Involved in Taking a Home Loan?
What are the Costs Involved in Taking a Home Loan? application fee, processing fee, pre-payment charges, legal fee, CERSAI Charges, documentation fee etc.
Home Loan vs Loan against Property
Home Loan vs Loan against Property – what is the difference between mortgage loan & home loan? How Loan against property or mortgage loan differ from home loan?
Home Loan Insurance: Ways to Protect your Home Loan
There is always a fear in borrower’s mind that if something unexpected happens to him/her in near future, who will repay the balance home loan amount. Consumer will not want that the burden of home loan to fall on family after his/her untimely demise. Life is unpredictable; this thought becomes recurrent in the mind of…
Top 10 Banks offering best Home Loan Transfer Rates
Top 10 Banks offering best Home Loan Transfer Rates – Best Home Loan Transfer Offers in India, Compare home loan transfer rates of all banks.
Are you Eligible for Housing Loan?
Finding the best home loan is not an easy task to undertake. As it is not all about getting the home loan at lower interest rate but also considering its other important features attached, such as documentation process, processing fee, and pre-payment, balance transfer and foreclosure charges. In case you are planning to take a…
Avoid Defaulting on Your Home Loan EMIs
Defaulting on a home loan is certainly an unfortunate situation caused by unknown circumstances for any individual. Any default on loan repayment is not considered good by lenders, as it negatively impacts one’s creditworthiness as well as credit or CIBIL score. Lenders consider a home loan default wherein the borrower fails to make three consecutive…
Stop paying more for SBI & ICICI Home Loan EMIs
EMIs (Equated Monthly Instalments) are preferred by customers to ease out their burden of paying the full amount of the purchased expensive items at once. EMIs are meant to plan your finances in a better way so that you can balance your monthly expenses without too much burden on your pocket. Moreover, EMIs could be…
Credit Linked Subsidy Scheme (CLSS)
In June 2015, under Pradhan Mantri Awas Yojana (PMAY), Ministry of Housing and Urban Poverty Alleviation (MoHUPA) introduced Credit Linked Subsidy Scheme (CLSS) for individuals to own their dream home. This subsidy can be called as interest subsidy scheme under PMAY that is given to people for home construction, purchase, extension and improvement. This scheme…
How Cheaper Home Loans helping the Homebuyers
To understand the benefits of cheaper home loans and its effect on homebuyers, let’s first understand the current home loan interest rates of major Indian banks and HFCs (Housing Finance Companies) (as of August 2018)
Indiabulls Home Loan Rates Hiked by 20 Basis Points
As on August 4, 2018, Indiabulls Housing Finance has increased 20 basis points in the interest rates for home loans. Post this revision, the home loan interest rates worth upto Rs 35 Lakhs will be from 8.70% onwards.