Buying residential real estate is every person’s dream that can be susceptible to your financial situations and economic fallouts or inflation.
Tag Archives: Home Loan
A quick guide to home loan transfer
In an individual’s financial life-cycle, a home loan is one of the most important decisions. The tenure of a home loan is equal to 40- 50% of our earning life cycle. Most consumers take a home loan on a floating rate, but the rates keep changing and it is on their minds every month. Therefore, […]
ICICI Bank Home Loan Interest Rate Goes Down to 6.70%
Good news for homebuyers, another bank follows the footsteps of the State Bank of India. ICICI Bank, one of the country’s major lenders, has announced a revised interest rate on loans related to real estate. According to its latest statement released on Friday, 5th March 2021, the bank has lessened its interest rate on home […]
SBI Brings Down Home Loan Interest Rates to 6.70% with Additional Benefits
Recently, the State Bank of India, the largest lender in the country, announced its decision to reduce home loan interest rates. In such loans, it has lessened the interest rates up to 10 basis points (bps).
What are the important things that you need to know about EMI Moratorium?
In the COVID-19 crisis, RBI has a relief for borrowers by allowing a moratorium of 3 months on EMI installments from 1st March to 31st May 2020.
Tax benefits of investing in real estate you should know about
Buying your own house is a big decision and there’s a lot that goes behind the process. And so the government has made provisions in the tax law and various tax benefits so that the homebuyers do not burden for the same.
How to choose the perfect payment plan in real estate?
Buying your dream home is one of the biggest achievements for any individual. When a buyer decides to purchase a property, the first thing that comes to his/her mind is the EMI and hefty down payment he needs to make at the time of booking.
Things to keep in mind before taking home loan
Cut in Repo rate by Government and decrease in home loan interest rate by .5 bps by SBI and other banks brought relief in homebuyers.
