The Reserve Bank of India (RBI) has asked all the Commercial Banks (excluding Regional Rural Banks), Local Area Banks, and Small Finance Banks to link interest rates of all different loans such as retail loans, home loans, offered by them, to an external benchmark effective October 1, 2019. In line with RBI’ decision, mostly all … Continue reading “A Brief on Top 10 Bank Home Loan Interest Rates”
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A home is the most precious thing for all class of families, where we create many sweet, sour, memories with our parents, children and siblings. . A home is that placed where we feel most protected, safe and relaxed and enjoy our past memories and create new memories. A home is the most important thing … Continue reading “Retail Home Loan Borrowers Can Consider Fixed or Floating Rates”
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Buying a home or a property is a dream of millions of people. But fulfilling this dream requires money as well as smart planning. Gone are the days when the man of a house had to bear the burden of the debt. Nowadays families are opting for Joint Loan for buying a home or a … Continue reading “Key Advantages of Joint Loan for Buying a Property”
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Before we discuss about the advantages of home equity loan, let us learn about it. Home Equity Loan It is a type of loan in which a person borrowing a certain amount uses the equity of her/his house as collateral. It falls in the category of secured loan. The amount of loan that can be … Continue reading “What are the Key Advantages of Home Equity Loan?”
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The home loan customers often face the dilemma of prepaying the home loan or investing the money in better options. The home loan EMIs often trouble the customers and some find it better to prepay the loan and breathe in peace. However, the financial trends are changing and people are looking for option with interest … Continue reading “The Surprising Response for Home Loan Prepayment or New Investments”
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