Home Loan

It’s hard to keep up with all the changes, from policies to laws and curfews to more laws. Even though we’re in a pandemic, the planning for our future hasn’t stopped. We sometimes forget what an important role the repo rate plays in our future investments and plans. From the repo rates h

Tax Benefits on Home Loans in India include deductions of up to ₹1.5 lakh under Section 80C for principal repayment and up to ₹2 lakh under Section 24(b) for interest on self-occupied properties. First-time buyers can also claim an additional deduction of up to ₹1.5 lakh under Section 80E

Investment in real estate is an important aspect of financial independence, which for an extended period, was considered to be a men-only affair in India. In fact, female interference in economic matters was not accepted by society at large. 

Have you ever wondered why a home loan sanction loan letter is as crucial as the keys to your dream home? A home loan sanction letter is a kind of document issued by a lender to a borrower, indicating that they are eligible for a home loan. It confirms the loan amount, interest rate, repa

Who doesn't want to own a place they can call their own? It is everyone’s dream. However, not everyone has the means to buy a house upfront by paying the whole sum. This is especially true for the Indian middle class who resort to agreeable home loans for buying a house. 

A Loan Disbursement happens when the applicant’s request for sanction is approved. Generally, a home loan disbursement for an under-construction property takes 2-3 business days for approval. Let’s take a look at the steps involved in loan disbursement for various leading banks in the cou

Discover how changes in the Repurchase Rate (Commonly known as the Repo Rate) can influence the interest rates on your home loans. In this blog, we delve into the dynamics of this financial mechanism and its implications for homeowners, providing valuable insights for better financial pla

An investment in the form of a house loan is a long-term commitment. Home loans maybe for as long as 25 to 30 years or even longer. We are all well aware that life does not come with any guarantees. Consider the possibility that the person who pays the EMI on a monthly or quarterly basis