Home Loan Interest Rate

Tips to Avail Housing Finance at Affordable Home Loan Rates

Presently, home loans attract the best rates in the market in the secured financing segment. The subsequent repo rate cuts in the last year have significantly contributed to such a reduction. Borrowers can further avail the funding at reduced home loan rates, thus experiencing overall improved affordability.  Following are some smart ways in which existing and new home loan borrowers can reduce their housing loan … Continue reading Tips to Avail Housing Finance at Affordable Home Loan Rates

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Home Loan Interest Rate

4 Tips to Avail of the Lowest Current Home Loan Interest Rate

The current home loan interest rate has reduced to a new low during the Pandemic. It is one of the best times to invest in a home loan.  It is because most lenders’ current home loan interest rate has been reduced.  But, if you want to avail yourself of even the lower home loan interest rate, here are a few tips to keep in mind! … Continue reading 4 Tips to Avail of the Lowest Current Home Loan Interest Rate

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Home Loan EMI Calculator

The Significance of the Home Loan Calculator India

A home loan in India is often considered a long-term commitment. It is because most people settle for a longer tenor to pay lower EMIs. But, it also means that the loan repayment affects outlays and other goals in life for a considerable time.  It is where it becomes important to determine if a home loan EMI amount will work best for you or not. … Continue reading The Significance of the Home Loan Calculator India

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PMAY

Here you can check your name in the PMAY List 2021

The Pradhan Mantri Awas Yojana (PMAY) is a major housing scheme of the Central Government of India. It was initiated by Prime Minister Narendra Modi. The intention behind the launch of the PMAY scheme was to provide housing solutions to the poor. The credit linked subsidy scheme (CLSS) of the PM Awas Yojana also offers a 6.5% up to Rs.2.67 lakh home loan interest rate … Continue reading Here you can check your name in the PMAY List 2021

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PMAY

PMAY – Who is Eligible for how much Home Loan Subsidy

The Pradhan Mantri Awas Yojana (PMAY) is a housing scheme of the Central Government launched by PM Narendra Modi in 2015. Its objective is ‘Housing for All by 2022.’ Under PMAY, affordable houses using sustainable and eco-friendly technologies are being built across urban and rural India. It also offers a home loan interest rate subsidy to applicants having an income of up to Rs.18 lakh … Continue reading PMAY – Who is Eligible for how much Home Loan Subsidy

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PMAY

A Detailed look into PMAYG- Pradhan Mantri Awas Yojana Gramin

Pradhan Mantri Awas Yojana Gramin or PMAY-G was initiated with the objective of “Housing for All” by 2020.  This scheme provides a 25-square meter pucca house to the eligible beneficiaries along with other basic amenities at a low cost.  Features of PMAY Gramin  The beneficiaries are allotted Rs.1.20 lakh for each unit. The cost will be shared between the central and state government in 60:40 ratio.  … Continue reading A Detailed look into PMAYG- Pradhan Mantri Awas Yojana Gramin

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Uncategorized

Need a Home Loan? Know the Documents Required

When availing a home loan, one needs to submit several documents to the lender for verification. While exact requirements tend to differ from one financial institution to another, a set of documents remain common in India regardless. Before submitting a home loan application, ensure that you check all necessary documents and attach them with the form. Here are some of the documents required for a … Continue reading Need a Home Loan? Know the Documents Required

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Uncategorized

Home Loan Balance Transfer – Top 5 Things to Consider

When a borrower transfers his/her outstanding home loan amount from the existing lender to a new lending institution, it is known as a home loan balance transfer. Individuals who look forward to lowering their interest repayment burden on home loans often consider opting for a balance transfer facility. However, there are several aspects that one should take into account before opting to transfer the existing … Continue reading Home Loan Balance Transfer – Top 5 Things to Consider

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