For most Indians, it’s once in a lifetime dream to own a home. Sadly, the EMIs of our home loans eat up a huge chunk of our income for a major part of our life. So, it’s natural to want to break free from the burden of your EMIs as soon as possible. Borrowers are … Continue reading “Tips for Prepayment or Foreclosure of Loans”
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Not sure how this could happen to you? Stupefied? Well, don’t be. Financial experts state that when your application reads “No,” it just means that you have to “Try Again.” Don’t get dejected. Your dream home is only a few steps away. But, the measures you take are crucial. What are they? Read on to … Continue reading “What to do if your Home Loan gets Rejected?”
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A home is more than a residence. It’s a place where memories are made and lives are led. And, buying a home is one of the biggest decisions of your life. Apart from deciding on the style of your future place and the location, planning the finances needed for it is a big step. You … Continue reading “5 Tips Before Opting for Pre-approved Home Loans”
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A home loan is a big commitment that is only second to deciding your life partner. It’s a long-term responsibility. You must ensure that you have the necessary finances to make the repayments right on time over the entire duration of the loan tenure. With that said, do not let the time frame and responsibility … Continue reading “Five Hacks to Save Money on Home Loans”
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EMIs eat a huge chunk of your take-home pay every month and it makes sense to try and reduce the amount you pay as EMI every month. Let’s get the basics right! What exactly is an EMI? EMI means Equated Monthly Installments. It never varies and you pay this amount month after month during the … Continue reading “How to reduce Interest on your Home Loan EMI”
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