Everything to Know About PM Awas Yojana 2020 - Eligibility Criteria, Benefits, FAQs
Posted on August 12th, 2020
The increased demand and pricing in the real estate sector led to the launch of housing flagship programmes like Pradhan Mantri Awas Yojana. Launched in 2015, this initiative has the vision of offering housing facilities to all, irrespective of their e...
Home Loan Refinance: Documents for Smooth Processing
Posted on August 10th, 2020
Home loan balance transfer is the process of transferring a housing loan from one lender to another. Individuals avail this facility to lower the interest rate on their borrowings.
Borrowers can negotiate with other lenders for better terms on their ho...
Top Tips To Ensure Home Loan Eligibility
Posted on August 7th, 2020
Failing to meet the home loan eligibility criteria set by financial institutions can result in rejection of your credit application. Additionally, it can also affect your credit score negatively.
Eligibility criteria for home loansAge limit: For salari...
Things to Consider for Bajaj Finserv Home Loan Transfer
Posted on July 31st, 2020
Home loan refinancing or home loan balance transfer is the process of switching lenders to avail favorable terms. If you can negotiate better terms with another lender, then you can transfer your existing home loan to the new lender.
However, transferr...
Benefits of Opting a Home Loan Jointly With Your Partner
Posted on July 28th, 2020
A joint home loan is available to 2 to 6 borrowers. A co-borrower can be a spouse, sibling, or any other individual who is a co-owner of the house. Most joint loans are taken by couples. There are a few advantages of taking a joint home loan husband wi...
Benefits of Home Loan Takeover You Should Know About
Posted on July 28th, 2020
Home loan balance transfer has multiple benefits which a borrower must understand before applying for it. These different benefits of home loan transfer are listed below –Lower rates of interestThe biggest advantage of availing a Home loan balance tran...
Reasons Behind the Success of Home Loan Transfer in India
Posted on July 24th, 2020
With respect to the present lending industry, home loan transfer of balance has become a feasible option for existing borrowers to avail of reduced interest rates. Your housing loan can be refinanced when the new lender repays the balance due to your p...
Know How to Get a Deduction on Your Home Construction Loan
Posted on July 23rd, 2020
To make the entire process of home loan repayment affordable, the Government of India extends several tax benefits to homebuyers. Depending on their case, borrowers can avail the suitable income tax benefits and claim deductions as and when required. C...
EMI Calculator for Plot Loan: Find Interest Amount Easily
Posted on July 23rd, 2020
A plot loan EMI calculator is an online tool for determining the amount of loan installment that you have to pay towards your loan repayment. Use this calculator before you finalize your loan with a lending institution.
It is an efficient financial pla...
Find out the Eligibility Criteria for PMAY Housing Scheme
Posted on July 15th, 2020
Pradhan Mantri Awas Yojana was launched in 2015 as a means to provide affordable housing for all. This scheme is directed towards the economically weaker section of the society in both rural and urban areas. Regardless, to benefit from this credit-link...
This blog is maintained by Anamika Verma who holds a strong experience in financial advising and is known for her in-depth knowledge topics such as loan, fund. house finance. She has written more than 1000 blogs and various tutorials on topics related to home loan, home improvement, home loan interest rate etc. She is also an author at The Finance Town.