The center approved the construction of 3.61 lakh homes in 17 states and union territories under Pradhan mantri Awas Yojana (Urban), bringing the total number of sanctioned homes under the program to 1.14 crore, said the Ministry of Housing and urban development on November 24. A total of 3.61 lakhs of homes have been approved …
The Reserve Bank of India (RBI) introduced the Marginal Borrowing Rate (MCLR) on April 1, 2016, to offset the base rate, which was the benchmark rate for everyone at the time. of commercial banks. However, the banks’ delay in passing on the benefits of low repurchase rates to clients under the MCLR program prompted the …
You may have heard of two types of debt: good debt and bad debt. “Good” debt is money owed for things that can help build wealth or increase income over time, such as B. Student loans, mortgages, or business loans. “Bad debt” refers to things like credit cards or other consumer debt that do little …
Buying a resale property comes with its own benefits and challenges. While you have access to a strategic location, disputes related to real estate transactions due to property rights are not uncommon. Have you zeroed out the resale property you want to buy but don’t know how to authenticate your property? No freight! We are …
There are times when many of us have unexpected personal expenses for which we do not have enough money. An instant loan can be the right option in such situations. These are easy to use online and have a shorter duration, which means quick treatment. Most instant loans require minimal documentation and are paid quickly. …
Often financial institution gives competitive rates to attract customers for loans, which can be a business loan, home loan, education loan, or a vehicle loan. When you receive such offers you should first analyze and know the EMI amount and the methods to calculate it. EMI is calculated by two processes – Fixed interest rate …