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 […]
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 […]
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 […]
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 […]
Happiness is buying your own home! But often the overall process is not as straightforward as it sounds. With more people migrating towards urban areas for employment opportunities as well as for educational purposes, the demand for owning a home is ever increasing It is also a difficult task to buy a home on savings […]
