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Home loan is a financial instrument especially designed to fulfill the necessity to own a property when the borrower is unable to pay the entire cost of the property at once. The Bank/ NBFC’s provide up to 80% of the buying cost of the property and receive EMI payments over the loan tenure to recover …
There is a surety of availing lots of benefits due to cut down in interest rates of home loan as well as by the RBI. The lower interest rates of home loan benefits and encourages the customers of lower, middle and upper-middle segment to invest and buy a home. It is always better to pay EMIs and …
A house is an added count in your assets and at the same time gives you a feeling of security and satisfaction. Borrowing a home loan to buy a house for residential purpose is always an enlightened decision as it ends the terrible cycle of paying heavy rent in lieu of giving you a place …
It doesn’t matter that if you are an existing home loan borrower or even if you are planning to take one soon. But if the answer to the first line is yes, then the following article can be a great help. It is important for you know that home loan monthly installments hold a major …
We all know that buying a home is a life time commitment and especially if we thinking of taking a Home Loan to buy it. Whenever we go to any Bank/ NBFC and request for a home loan, financial institutions like Banks and Non-Banking Financial Companies (NBFCs) usually lend 80% of the property’s value as …
Loan is an easy way to borrow funds and repay later through monthly installments and is getting popular day by the day among consumers. Even after borrowing a loan, when we need more money we might find ourselves in a state of confusion, whether to borrow more or not. Whether to avail a top up …
Home is a lifetime asset which I believe everyone wants to possess as early as possible in their life. After completing the studies, finding a dream job gives wings to fly more. If not backed up with lots of responsibilities, a person always has a dream of owning a house. The saving done in the …
We do lots and lots of research and plan for the home loan before we finalize any Bank/ NBFC to be our lender. The process to borrow a home loan involves checking our credit score, finding the right fit financial institution, EMI calculation, documentation etc which can easily be done with Mudra Homes. After all …