Category: Home Loan

हिंदी में पढ़ें 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 getting home loan to fall on family after his/her untimely demise. Life is unpredictable; this thought becomes recurrent in...

The Reserve Bank of India (RBI) had introduced Marginal Cost of funds based Lending Rate (MCLR) on April 1, 2016, to make up for the limitations of Base Rate, which was the lending rate benchmark at that time for all retail loans extended by commercial banks. However, the delay by banks in passing on the…

If you are in the market, looking out for a home loan, you may be having a hard time understanding the complicated home loan terms—especially if you are new in the market. To help you make an informed decision with a clear mindset, here are some of the key terminologies associated with a home loan....

There are various ways to transfer property rights to another person, namely sale, will or gift. While sale deed and will deed transfer methods are popular and widely known in the industry, the gift deed method is a less familiar term for people. A gift deed transfer method is followed when a property owner voluntarily...

Renting vs Buying: From an investment perspective, cost involved perspective and tax benefits. 2 Minute Guide to Renting vs Buying a Property.

The Covid-19 pandemic and the nationwide lockdown has severely impacted the affordable housing segment in India. To give a boost to the housing sector and for the relief of the mid-income families, the Finance Minister Nirmala Sitharaman on May 14, 2020, announced the extension of interest subsidy on home loans under the Credit Linked Subsidy...

For a majority of us, buying a house is a once in a lifetime exercise that we have to get right the first time around. The main reason for this is of course the fact that property investments are substantial and made with a long term perspective in mind.