hl16 Archives | BankBazaar - The Definitive Word on Personal Finance

Home loan prepayment – When and why?

Home loan is a long term commitment often spanning over 2 decades and involves substantial amount money which the borrower takes and even more which he pays back in the long term. There are certain conditions under which the borrowers may want to prepay the home loan before end of the agreed term. There are… Read More »

What does “No EMI till Possession” mean?

In order to attract more and more customers the housing financiers come with several innovative schemes from time to time. One of such schemes which many borrowers are offered with is called the “No EMI till possession”. Though it might sound an extremely convenient option one needs to study a bit deeper to appreciate the… Read More »