Category: Home Loan

Home loan is a major financial commitment for homebuyers but, at the same time, it also entails huge risks for the bank. This is the reason why banks are very apprehensive about extending home loan to people who are close to retirement, regardless of their financial standing.

A majority of homebuyers opt for home loans to fulfil their dream of owning a house. However, what if the buyer has enough funds to pay for the house in full? Should he still take a home loan? It is quite a debated topic among property experts. When you have extra funds to spare, why […]

You might have seen quite a few advertisements recently that show that home loans are now available for interest rates as low as 8.5% per annum. These rates are indeed among the lowest in history and it is definitely a good time to invest in a property of your choice. However, before you get inspired […]

Buying a home often tops the list when it comes to the aspirations of an average Indian. After all, who wants to keep paying rent all their life? But the skyrocketing property prices in cities, as well as small towns, make home-buying a pricey affair for the mid-income professionals. To assist them, banks and NBFC have […]

Prime Minister Narendra Modi’s vision, when he came to power in 2014, was to provide houses to poor families by the time India completes its 75th year of independence. This vision culminated into the Pradhan Mantri Awas Yojna: an effort to provide homes to the needy.