Availing a Top-up Loan on Your Home Loan

11 Jan 2021
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A top-up loan is an additional loan taken over and above your existing loan. A top-up on home loan is offered to existing loan borrowers to finance their need for additional financing. Howev.....

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All about RERA Act - Benefits, Eligibility, and Implications

30 Dec 2019
78 Views

The Real Estate Regulatory Authority (RERA) Act, 2016 is designed to protect the interest of home buyers and attract more investment in real estate. The bill was approved by the Rajya Sabha (Upper House) on March 10, 2016. The Act was introduced in 2013 by the Indian National Congress Government......

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Merits & Demerits of Availing a Joint Home Loan with your Spouse

14 Nov 2019
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Availing a home loan is a long term financial obligation and hence you must evaluate your creditworthiness carefully before applying for a home loan. Over the years, home loans have gained massive popularity due to the competitive interest rates and other attractive features associated with them......

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Why MCLR Linked Home Loans Fail to Reduce Your EMIs

14 Nov 2019
80 Views

Every time the Reserve Bank of India (RBI) reduces the policy rates, some questions like “Will the benefits of rate cuts help or will the equated monthly installments (EMIs) reduce?” would pop up. The RBI has reduced the rates by 135 basis points during this year. One basis point is equivalent to.....

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Top 3 Factors That Impact Your Home Loan EMI

25 May 2019
56 Views

In today’s world, buying a home of your own is a like achieving a great feat However, working around your monthly income to incorporate the home loan EMIs without taking a hit on your lifestyle is no easy feat, which is why most people opt for a home loan. Although there are a lot of home loan pr.....

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