What is an EMI? The EMI consists of the principal amount and the interest on the principal amount. It is calculated by taking into account the loan amount, the time frame for repaying the loan, and the interest rate on the borrowed sum. When it comes to purchasing a home, one of the most important […]
Buying a home is every person’s dream and it is also a great investment that allows you to buy low, invest slowly, and sell high if needed. However, timing your purchase well is also a very important factor to consider when buying a home. It just so happens that the post-pandemic time may be the […]
To address liquidity issues that individuals and business owners may face due to the spread of the Coronavirus pandemic and the ensuing lockdown. However, the RBI has recently instructed financial entities to grant a three-month moratorium to all borrowers/ lenders on their monthly installments or EMIS. The EMIs would be applicable between March 1st, 2020 […]
