Home loans help homebuyers finance house purchases without depending on their hard-earned savings. In the context of home loans, buyers come across terms such as sanction and disbursement. It may not be right to … READ FULL STORY
Owning a home is one of the biggest financial milestones in India. But once the dream is achieved, a new question often arises: what should you do with your surplus income? Should you use … READ FULL STORY
When buying a house, one of the most commonly used means by homebuyers to fund the investment is to avail home loans. While doing that, do homebuyers actually know of the tax implication on … READ FULL STORY
If you are planning to buy a house, it is important to have a clear understanding of the home loan process, which is mainly classified into three stages – application, loan sanction and disbursal. … READ FULL STORY
Home loans are one of the most commonly used methods to buy a property as they provide a longer repayment tenure. Ramesh had taken a home loan of Rs 50 lakh for 18 years. … READ FULL STORY
Buying a home is one of the most significant financial decisions in a person’s life. In India, where housing affordability and financing are crucial factors in the decision-making process, many prospective buyers face the … READ FULL STORY
In India, millions of first-time borrowers face a catch-22: without a credit history, they can’t get a loan; without a loan, they can’t build credit. The Reserve Bank of India has now stepped in … READ FULL STORY
Over the years, there has been a stable demand and steady growth in the affordable housing segment in India. The term ‘affordable’ may be debated, but it generally falls within Rs 5-50 lakh. At … READ FULL STORY
The Reserve Bank of India (RBI) on June 6, 2025 announced a rate cup of 50 basis points in the repo rate. This was done following a unanimous vote by the six-member Monetary Policy … READ FULL STORY
In a bold and proactivе movе to stimulatе еconomic growth and еnhancе financial stability, thе Rеsеrvе Bank of India (RBI) on Junе 6, 2025, slashеd thе rеpo ratе by 50 basis points, bringing it … READ FULL STORY
Buying a home is one of the most difficult things to achieve. It is not practically possible for everyone to buy a property by paying upfront. This is where home loan plays an incredibly … READ FULL STORY
LIC Housing Finance Limited, a subsidiary of the Life Insurance Corporation (LIC), provides long-term financing to people who want to purchase or construct a house or flats for residential purposes. It also facilitates people … READ FULL STORY
Buying a house involves a substantial sum of money and people consider different ways to finance their property purchase, such as home loans and loans against property. Many people also go for home loans … READ FULL STORY
