Home loans may become cheaper as RBI slashes repo rate by 25 bps
Home loans may become cheaper as RBI slashes repo rate by 25 bps. The repo rate has reduced from 6.00% to 5.75%.
How to Avail Home Loan Subsidy Under Pradhan Mantri Awas Yojana?
Pradhan Mantri Awas Yojna (PMAY) – Credit Linked Subsidy Scheme (CLSS) is a government scheme launched with an aim to make buying home easier for: Economically Weaker Section (EWS) Low Income Group (LIG) Middle-Income Group 1 (MIG-I) Middle-Income Group 2 (MIG-II) The scheme offers subsidized home loan interest rates based on your household income. The…
Is it Possible to Claim Both HRA and Home Loan Tax Benefits?
Yes, availing tax benefits in the same financial year can help you save on your taxes considerably. However, this is possible only if the rent agreement is in your name and you service home loan for another property. Both properties can be in the same or different cities.
ICICI Bank Introduces Instant Home Loan Disbursals
28 March 2019 – On Thursday, ICICI Bank launched two instant home loan products – Instant Home Loan and Insta Top Up Loan.
Affordable Housing
As the general elections are going to be held in April and May 2019, the Government has started initiating on providing affordable housing to the MIG (Medium Income Group) segment of the society. Recently, Government also announced to cut down the GST rates in the real estate sector to boost the housing demand. This GST…
SBI Slashes Home Loan Rates by 5 Basis Points
SBI Slashes Home Loan Rates by 5 Basis Points and SBI Reduced Home Loan Balance Transfer Processing Fee to Zero.
Avail Tax benefits on your Top-up Home Loan
The tax benefits on Top-up loan include a deduction of up to Rs. 1.5 lakhs on the principal repayment under section 80C. However, if the property is sold within 5 years, the tax benefit will be overturned. The second benefit is a deduction up to Rs 2 lakhs on the interest paid under section 24 of the Income Tax Act in a financial year
Difference Between A Khata & B Khata
What is Khata? What is A Khata? What is B Khata?, Difference between A Khata & B Khata. Features and benefits of Khata, How to apply for a Khata?
Home Loan Top-up vs Personal Loan: Which one is best for you?
When in financial need people look for loans, but because of lack of knowledge they don’t know which loan type they should go for? Which one is best for them? Home loan Top up or personal loan? Financial emergency or monetary urgency are some of the unavoidable situations that generally trap most of us because…
Piramal Housing Finance launches ‘AdvantAGE’ Home Loan
Piramal Capital & Housing Finance Ltd. (PCHFL) has recently introduced their customized home loan product named as ‘AdvantAGE’. This home loan product enables its customers to take parent-child joint home loan.