A Loan against Property (LAP) is a multipurpose loan that is mostly availed to fund various expenses like higher education for children, weddings, home renovation, business expansion, medical bills, other personal expenses, etc. LAP is a secured loan that banks and housing finance companies provide against residential or commercial property. These loans are generally offered […]
If you are like most people, buying a home is one of the biggest financial decisions you will ever make. And for many people, taking out a home loan is the best way to afford that dream home. Obtaining a home loan is a time-consuming procedure. But unfortunately, there are numerous roadblocks along the way. […]
A home loan is a high-value loan and hence involves financial commitment. There are lots of things that go into making a home purchase decision. One of the most important is how much of your monthly budget will be taken up by EMI payments. Paying your home loan monthly installments can be a challenge, especially […]
When people were celebrating the arrival of a new decade, they had no idea what 2020 had in store for them. Just a few weeks later, millions were confined to their homes by a global pandemic. The pandemic has disrupted almost every industry, including the banking and financial sectors. It is true that taking decisions […]
With an increase in personal incomes, people who work outside their hometowns and live in metropolitan cities are on the look-out for home loans to purchase homes. They break away from the monthly rent payment cycle.. That opens the gates for individuals to think about buying a home and financing it through a home loan. […]
In 2015, the Government of India launched a scheme to help the financially deprived population living in urban areas to get a roof over their heads – known as the Pradhan Mantri Awas Yojana. The PMAY Scheme envisages ‘affordable housing for all’ by providing borrowers with the financial resources they need to buy a home […]
Your life is a never-ending to-do list. Be it personal or professional, you are constantly trying to improve your way of living and certainly don’t want the lack of funds to put a full stop to that process. And this is precisely where Loan Against Property comes into the picture. It is an ideal way […]
If you are a homeowner and you need to renovate or redo your home interiors, it is quite often that you delay such renovations due to lack of funds. Well, not anymore! You can now avail of home improvement loans to undertake home improvisation without any delays. These loans are quite like home loans or […]
Owning a home is the most desirable thing. It is a form of ensuring lifelong financial security; and since the costs of land and property prices have increased beyond the comprehension of a middle-class Indian citizen. Thus, many struggle to even fulfill their basic necessity of purchasing a home. This is where you can opt […]
We all have the aspirations of owning a home. A home is the ultimate financial security one can have. But with the skyrocketing real estate prices, it is difficult for some sections of the society of owning a home. Thus the government of India announced a scheme known as “Pradhan Mantri Awas Yojana” in making […]
