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Home loan balance transfer: Benefits and factors to consider - what you need to know

Home loan balance transfer is a prevalent option among borrowers seeking to secure better terms on their home loan. This involves moving the existing loan balance to a new lender who offers lower interest rates or more favorable terms and conditions. In this discourse, we shall examine the benefits of home loan balance transfer and …

Home Loan insurance or term policy: Which is ideal

Purchasing a home is a significant investment, and most individuals rely on home loans to finance their dream homes. While taking a home loan, one must consider the possibility of unforeseen events such as accidents or loss of income, which may impact their ability to repay the loan. Home loan insurance and term policy are …

Top 5 Hurdles of Home Loan Balance Transfer

Home loan balance transfer is an increasingly popular option among borrowers who want to reduce their monthly payments or avail better interest rates. The process involves transferring your outstanding loan amount from your current lender to a new lender who offers better terms and conditions. However, while the idea of a home loan balance transfer …

How to save on property tax

As a property owner, it is important to be mindful of property tax. Property tax is the tax imposed on property by the government. It is a major source of revenue for the government and is levied on the assessed value of the property. The assessed value of the property is determined by the local …

How does Personal loan work

Personal loans are becoming increasingly popular as people are finding themselves in need of financial assistance for various reasons. But how do personal loans work? What are the terms and conditions? What should you consider before applying? Here we present a complete guide on how personal loans work. What is a Personal Loan? A personal …

Home Loan: A Guide to Financing Your Dream Home

A home loan is a financial product that allows you to borrow money from a lender to purchase a property. It is a long-term commitment that requires careful consideration and planning. In this blog, we’ll cover everything you need to know about home loans, including the types of loans available, the eligibility criteria, and the …

Things to consider while taking out a home loan

Home loans are a type of mortgage loan that allows individuals to purchase or refinance a home. They provide a convenient and affordable way to finance the cost of purchasing or upgrading a property. This type of loan is available from a variety of lenders, including banks, credit unions, and other financial institutions. Here are …

Investors get lower returns than mutual funds: Axis MF study

Although mutual funds are seen as a way to build wealth, many investors don’t have the patience to stick with them for the long haul. According to experts, this is one of the main reasons why the returns you get on your hand are so much lower than the amount stated in your fund’s fact …

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