Home loan comes to the rescue of first-time home buyers looking to book a property with limited funds for down payment. Availing a home loan also has additional benefits. Read on to know more about the benefits provided to first-time...
Lately, we have noticed that a significantly higher number of people are transferring their home loan from one bank to another. But what could be the reason behind this move? Well, it is believed that usually a person undertakes...
Whether or not you will be able to materialise your home purchase plans would largely depend on the acceptance or rejection of your home loan application that your bank might be processing. At this point, it is worth mentioning...
Retrenchment, an accident, a prolonged illness or business losses, can all lead to a situation where a borrower is unable to pay his home loan EMIs. Here are a borrower’s options in such a situation: Plan a contingency fund Before you take a...
India’s banking system is under tremendous pressure -- total outstanding on mortgages in the banking system stood at Rs 9.08 lakh crore as of September 29. But, this has been no deterrent in financial institutions giving one another stiff...
होम लोन कस्टमर के लिए अच्छी खबर है। देश के सबसे बड़े बैंक भारतीय स्टेट बैंक ने होम लोन सस्ता कर दिया है। बैंक ने 30 लाख रुपए तक के होम लोन पर इंटरेस्ट रेट 0.25% घटाकर 8.35% कर...
Errors in the CIBIL report can be anything, like a mistaken identity, spelling mistake in the name, age, address or PAN card, credit card facilities never availed of, or someone else’s loans/overdues reflecting in your report. Such mistakes can...
If you want to take a home loan, you cannot afford to ignore the Credit Information Bureau of India Limited (CIBIL) score. The CIBIL score helps lenders decide whether to grant you a home loan. Will you lend lakhs of...
A mortgage is the biggest debt most home loan borrowers will probably ever bear, and their home is probably the most expensive thing they will ever buy. Taking a home loan and mortgage is a time-consuming process. Applicants work on...
The feeling of paying off your home loan is wonderful. A huge responsibility is off your back, and you feel so relaxed. You need not run around banks or financial institutions, and can focus on other important matters of...
Regardless of whether it is a small house or a large bungalow, most homebuyers apply for a home loan. To decide how much you should borrow and how much the lender can offer, you should understand your needs, your...
The home loan documentation procedure has always been a nightmare for many applicants. The voluminous documentation takes a toll, not only on your time, but also on your peace of mind. There are multiple caveats built into such documents. Most...
It is advisable for home loan seekers to obtain a credit report, before applying for a large loan, such as a home loan. This report, which provides a person’s credit score, can be obtained from any one of the...
Check out the list of documents required for home loans. Generally, the documents required to process a loan application are almost similar across all banks, however they may differ depending upon specific requirements and other factors. The following documents are required...
Ever wondered if there is anything stopping you from picking a loan for 50 Crores and buying a pentHouse in the most luxurious area in the town? We are very sorry to inform you the bad news but yes,...
As the real estate market begins to perk up, many people find themselves in a good position to start looking for a home. Even though interest rates continue to hover at the lower end of the spectrum, shopping for a mortgage...
SBI and ICICI have cut the interest rates on their home loans by 0.10%, with additional benefits for women borrowers. Read on, to know what the current rates are. Leading banks SBI and ICICI, on April 7, 2016, cut their...
Benchmark To Be Revised Monthly | SBI Reduces Rates Home loans have started becoming cheaper.EMIs will fall by over Rs 300 for those who avail a Rs 50 lakh, 15 years loan. The country's largest lender State Bank of India...

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