The primary criteria that any bank looks at when disbursing unsecured personal loans is the credibility and repayment capacity of the individual applying for the loan. In this regards there are separate criteria for salaried and self employed people. Due to the inherent security and stability associated with the salaried class the norms are quite… Read More »
With the growing popularity of home loans in the country there have been several variations made to these products to suit the requirements of different customers. There are various options available for deciding the type and amount of the EMIs which shall suit the income and repayment capacity of different borrowers. It is important to… Read More »
A home loan is a long term commitment that is spread over a period of up to two decades which is a major portion one’s earning career. Therefore the borrower must read and understand all the clauses which are involved in the home loan agreement before signing it in order to avoid heart burns at… Read More »
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 »
There are various types of car loans on offer in the markets as financiers compete against each other in attracting more number of customers. The customer has the option of selecting a customized car loan that suits his specific requirements of amount, interest rate, tenure and EMI. The financiers are coming up with many innovative… Read More »
With boom in the economy of the country there is increased activity in kinds of corporate houses. This has led to a sharp rise in the requirement of vehicle by the corporate which have now adopted a new scheme called car leasing. It is estimated that annually about 6 Lakhs cars financed every year are… Read More »
An overwhelming majority of all car purchases in India is through car loans that are easily available from various banks and other financing institutions. Despite the widespread usage of the car loan facility for buying new as well as used cars the interest rates are still quite high in India as compared to other places.… Read More »