Quite often it becomes a practical option to avail a joint home loan so as to increase the loan amount and get tax benefits too. In case a couple plans to buy a home by taking a joint home loan then thee are added advantages which they can avail from the loan. While a joint… Read More »
The tax benefits provided by the government to buyers who opt for home loans have been one of the key driving factors that have made the home loans popular across segments of the society today. There are different ways be which a home loan repayment can reduced the overall tax burden thereby earning some savings… Read More »
The home finance institutions in India have come with several innovative products to woo the home buyer. There are different types of interest rates available in the market for home loans currently of which the most common variants are the fixed interest rate, the floating interest rate and the adjustable interest rate which is also… Read More »
The popularity of home loans as a medium to acquire the dream property has been on the rise across the country in the past decade. Every day more and more people apply for this wonderful financial tool that lets you own a home and have a array of other fringe benefits. Home loans are meant… Read More »
Taking a home loan is a long term commitment for a high amount of money which necessitates that the customer does a proper research prior to taking the loan. There are several issues which must be addressed and points that must be borne in mind while taking a home loan. It is in the best… Read More »
With the growing popularity of home loans as a means of financing the dream home almost all banks today are offering various kinds of home loans which can be easily availed by people looking to buy a home for themselves. The Reserve Bank of India has stipulated guidelines that need to be followed in application,… Read More »
The wonderful benefits that are associated with a home loan currently make it a great option for earning individual to make an investment as well as save on taxes. By leveraging the amount that people already have they can now afford to buy much larger houses using the easily available home loans. Even after the… Read More »
With the advent of affluence and prosperity ushered in by economic liberalization there has been steep rise in number of Indians wanting acquire one or more houses in urban localities. This has further led to marked increase in prices of real estate across the country. Every earning individual in India today contemplates owning dream home… Read More »
The long awaited cut in rates finally happened in the April 17th RBI policy review when the central bank cuts it CRR by 50 bps to bring it down to 8%. From a very harrowing hike spree last year that lead to nearly 13 rate hikes in 18 months the situation became stable only in… Read More »
Sunil had seen a lovely apartment and he was in a hurry to buy it. As he did not have sufficient money to purchase it, he settled for the lucrative loan offer from a bank. Unfortunately, after some time, he found out that he was paying more towards the loan than his other friends. When… Read More »