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The coronavirus outbreak or the Covid-19 pandemic has had several negative impacts for most businesses, and the real estate sector is no exception. When individual clients, seeking real estate investments, or simply buying property to own their own home, panicked, sales in the real estate industry plummeted. Economic activity in India has stalled since the …
Homebuyers will have many options to choose from this holiday season. Property developers are offering discounts, some state governments have lowered stamp taxes, and banks are competing for lower interest rates. Interest rates have been the lowest in 15 years. For example, Kotak Mahindra Bank offers mortgage rates starting at 6.75%, while Bank of Baroda …
Social security for the elderly (aged 60 and over) remains a major concern this season for several reasons. Older people with low pensions or limited capital income have traditionally increased their income through odd part-time jobs that involved leaving their homes and traveling. Now that movement restrictions for older people are likely to be in …
![What is Home Loan Insurance and what are it's pros and cons_- [1]](https://blog.mudrahome.com/wp-content/uploads/2020/08/What-is-Home-Loan-Insurance-and-what-are-its-pros-and-cons_-1.png)
What is mortgage insurance? A home loan insurance plan is a plan in which the insurer pays the outstanding mortgage amount with the lender or the bank in the event of an unforeseen situation. Some of the comprehensive mortgage loan insurance policies cover the applicant, the home, and all of its contents. The premium paid …
![Home Loan Balance Transfer-[A]](https://blog.mudrahome.com/wp-content/uploads/2020/07/Home-Loan-Balance-Transfer-A.png)
Mortgage loan transfer helps you lower your EMI by transferring your current loan from other financial institutions to an institution that offers a lower interest rate. Transferring or refinancing the mortgage loan or directly transferring the credit is the process by which you can benefit from the lower interest rate of the other lender. If …
![DIFFERENT TYPES OF PERSONAL LOANS TO MEET YOUR DIFFERENT NEEDS-[A]](https://blog.mudrahome.com/wp-content/uploads/2020/06/DIFFERENT-TYPES-OF-PERSONAL-LOANS-TO-MEET-YOUR-DIFFERENT-NEEDS-A.png)
If you need money to cover an emergency, make a big purchase, or consolidate debt, a personal loan is one of the easiest financial instruments to choose. With a personal loan, a bank lends you money from a few hundred to tens of thousands of dollars, usually at a fixed rate and for a fixed …
Sukanya Samriddhi Account was introduced by the Government Of India for the purpose of saving for marriage etc of a girl child. The returns received on the Sukanya Samiriddhi Account is comparatively higher than any other saving or investment plans in India. The Sukanya Samriddhi Account can be opened in any of the local post …