How To Avail Pradhan Mantri Awas Yojana Subsidy
Posted on August 13th, 2019
Owning
a house is still a dream for many in India. The Government of India
has introduced a scheme called "Pradhan
Mantri Awas Yojana."
It is a financial scheme which offers subsidies on home loan interest
rates for low and middle-income groups.What
is...
Important Things To Know About Tax Benefits On Home Loan
Posted on August 5th, 2019
Important Things To Know About Tax Benefits On Home Loan
It seems a big decision as you take a home loan to buy your dream home. But to support home loan borrowers government has provisions for tax deductions as per the IT Act. with the help of the re...
What To Know About The CSMC Meeting
Posted on July 31st, 2019
The
PMAY scheme aims to provide affordable housing for the weaker
sections of the society. People who do not own a house of their own
can get a house from this Central Government scheme. As
per the Pradhan Mantri Awas Yojana
2019, the CSMC has taken a ...
Everything You Need To Know About Home Loan Balance Transfer
Posted on July 29th, 2019
The
repayment of a home loan becomes a burden for many because of the
long tenure and the interest rate. If the tenure is long, the
borrower has to keep paying according to the same rate of interest.
On the other hand, the higher rate of interest may a...
PMAY Makes Homes Affordable For Almost All Income Groups
Posted on July 15th, 2019
The Prime Minister Housing Scheme (Pradhan Mantri Awas Yojana) is also known as the "housing for
all initiative". This scheme specifically aims at providing
affordable houses to those categorised in the Economically
Weaker Section (EWS-income in betwee...
What to do with Your Money: Prepay the Home Loan or Purchase SIPs?
Posted on July 9th, 2019
Before you
start reading any further, it is important to note that SIP is
strictly a form of investment that comes with appreciating returns. A
home, on the other hand, is still a form of investment but the value
in future depends on the real estate ma...
How to Avail a Top-Up Loan for Weddings and Other Errands?
Posted on July 8th, 2019
While personal
loans can help you with sudden cash crunches and occasional spends,
it is also possible to avail top-up loans, in order to simplify the
entire financial procurement process. In simple words, a top up loan
is something that doesn’t come w...
Know How to Avail Subsidy Under PMAY Scheme
Posted on July 2nd, 2019
Pradhan Mantri Awas Yojana or PMAY scheme allows the lower middle-class families with housing and accommodation loans. The lower income strata of the society benefit from this scheme and can avail a 6.5% interest rate. Additionally, you'll also receive...
Things To Know About MHADA Lottery?
Posted on July 1st, 2019
Things To Know About MHADA Lottery?
MHADA or the Maharashtra Housing and Area Development Authority is the new scheme that encourages ‘housing for all’ and develops houses for the economically weaker and the middle-income group. This scheme has been de...
Everything You Should Know About PMAY Eligibility Criteria
Posted on June 28th, 2019
The Pradhan Mantri Awas Yojana (PMAY) focuses on minimizing the number and provide reliable housing solutions to about 20 million families in India. This particular project was announced in the month of June 2015 and is expected to be completed by Marc...
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.