Category: Home Loan

Looking for a home loan can be a bit of a headache, right?  Banks and NBFCs are all competing for your business, but who’s got your back? Banks might lure you in with their lower interest rates and clear-cut rate changes tied to external benchmarks, but what about their...

We all have possessions, but did you realize that the law treats different types of property differently? For example, that car in your garage is considered movable property, while the garage itself is considered immovable property. Knowing this isn’t just important for legal professionals—it can have an impact on...

Owning a home is a dream for many, but it often involves taking out a loan and committing to regular EMI (Equated Monthly Installment) payments. While most borrowers intend to make timely repayments, unexpected circumstances can sometimes make it challenging to meet these obligations. Defaulting on a home loan...

Do you feel like owning a house is out of reach with your current salary? With the rising real estate prices in India, many individuals with low incomes think that owning a home is unattainable. However, there’s good news – it’s not impossible. The Indian government and different financial...

So, you’ve just sealed the deal on your dream home, and now the real question is: How long do you want to be paying those monthly payments? Are you looking to dash to the finish line with a short-term loan, or are you more of a long-distance runner, taking...

If you’ve come into some extra cash, instead of blowing it all, think about using it to prepay your home loan EMIs. It might not be the first thing you’d consider, but it’s a smart move. By knocking down your loan principal, you’ll end up paying less interest and...

Before you start browsing listings and planning your housewarming party, there’s some crucial financial considerations to take care of. Have you heard of getting pre-qualified or pre-approved for a home loan? If you have not, don’t worry. Let’s discuss what they mean and how they can smooth the path...

Real estate investment has always been a favoured option for individuals aiming to grow their wealth and ensure financial security. Unlike stocks or bonds, real estate presents distinct advantages that can yield short-term profits and long-term growth. This article will walk you through the profitability of real estate investment,...

The successful journey of homeownership involves more than just finding the perfect property—it also requires understanding the ins and outs of securing a suitable home loan. A central aspect of this process is comprehending Equated Monthly Installments (EMIs) – the periodic payments that contribute to repaying both the principal...

Maintaining a good credit score is important to access credit facilities like loans and credit cards in the modern financial ecosystem. The CIBIL Score is a significant benchmark in the Indian financial landscape for accessing these facilities. This article will take you through the meaning of the CIBIL Score,...