Tag Archives: EMI

All About Subvention Loans

Salman Khan must have been super relieved when the verdict was announced. And so were all of his die-hard fans. Suraj and Nikita, were just as relieved when a Subvention scheme swooped in to save their day! They were planning to buy an apartment in Delhi and they zeroed in on a property with a… Read More »

Understanding your loan parameters!

EMI Calculation You need to know the loan amount, processing fee and the interest rate of your car loan, home loan or personal loan. If you plan to prepay your loan, then figure out the exact or approximate amount you intend to prepay and the periodicity of such payments depending on your loan agreement. Use… Read More »

Top 5 mistakes to avoid when you take a home loan!

Borrowing a loan requires careful planning and analysis. When you take a home loan, this becomes all the more important, since the commitment is for a long term. You may end up paying more or getting inefficient service if you choose the wrong scheme or bank for your home loan. There are many mistakes committed… Read More »

When you struggle to repay your education loan!

An education loan is structured very differently compared to other loans from banks. As it is a loan which is used to fund education, the repayment of the principal of this loan begins after the student completes his education. This is unlike other loans, where both the principal and the interest amounts are repaid from… Read More »

Should you opt for a home loan insurance cover?!

When it comes to real estate, Indians believe it to be the most rational, safe and secure class of assets. However, owing to the escalating realty prices in almost every city, investing in it has become costly, challenging and risky affair. Considering the situation, several people yearning to have their own home, are forced to… Read More »