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Finance Home Loan

Amazing Facts About CERSAI Charges On Home Loan

Owning a home is the most desirable thing for all. In today’s world, it takes several lakhs to become a homeowner. Buyers have to rely on home loans to make the purchase. Apart from the principal loan amount and interest rate, there are also several other charges associated with home loans. Some of these include […]

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Finance Home Loan

HOME LOANS: EXPECTATIONS VS REALITY

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. […]

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Finance

How to apply for Pradhan Mantri Awas Yojana (PMAY)

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 through an interest rate subsidy. Credit Linked Subsidy Scheme (CLSS) is a component of PMAY for Lower Income Group/Economically Weaker Section (EWS/LIG) and Middle Income Group (MIG -I & II). Under this scheme, not only the economically weaker sections but also middle-income groups can avail home loans at reduced EMIs. Two central nodal agencies such as the National Housing Bank (NHB) and Housing & Urban Development Corporation (HUDCO) channelize the interest subsidy. The apex government bodies channel subsidies to the lending institutions and help the eligible applicants to avail subsidy. At Shubham, our goal is that everyone should have their own home. We help you to fulfill your dream through the […]

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Finance Home Loan

Should You Apply For a Home Loan Amidst Covid19?

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 […]

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Home Loan Uncategorized

Why lower interest rate alone should not push you to switch your home loan lender

Interest rates are one of the key factors borrowers look at when choosing a lender but it is important to consider some other aspects too. Borrowers with home loans have a new reason to be a little happier. Most financial institutions have been reducing their home loan rates to new multi-year lows. Of course, the […]

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Finance Home Loan

Home Loans Not Enough? Take a Top-Up Loan Instantly

Home Loans are generally taken to purchase a house, reconstruct, furnish or renovate your home towards your personal expenses. But if your Home Loan isn’t sufficient to meet all the financial requirements of your home, you can apply for a top-up loan over and above your existing loan. Let’s assume you took a home loan […]

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Finance Home Loan

Why Paying Home Loan EMI is Better Than a Home on Rent

Whether to buy a home or continue living in a rented house is one of the biggest dilemmas that home buyers are faced with today. Most of today’s buyers think that renting a house would cost less as compared to buying a home.  If you are earning the right amount of money, and you know […]

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Finance Home Loan

Easy Tips to Get Your Home Loan Approved Instantly

Buying a home can be one of the most energizing and stressful things at the same time. Beyond the challenge of finding the right home in the right neighborhood, you might be grappling with some financial questions – such as, how to get faster approval on a home loan or what are the steps in […]

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Finance

Want to Apply for a Home loan from Shubham Finance Company? Here are the Steps to Follow Before Applying for a Home Loan

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 […]

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Finance

How the Government’s Pradhan Mantri Awas Yojana (PMAY) Scheme can be Beneficial for You in Owning a Home

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 […]