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Tag: equated monthly instalment

Home ยป equated monthly instalment

Home Loans
By Balwant JainSeptember 9, 2022

Home loans: Longer tenure ones are the best bet

Until a few decades ago, Indians were generally averse to taking loans to buy or construct their homes and would use their retirement funds for the same. However, with increasing urbanisation, easy availability of … READ FULL STORY

Home Loans
By Amit SethiJune 22, 2020

How to repay your home loan faster

It is a big financial decision to buy your first home. A hasty decision can easily ruin all your financial goals in life. So, it is always wise to take a planned step and … READ FULL STORY

Must Knows
By Balwant JainJanuary 5, 2019

QuickPay Home Loan of Axis Bank: Should you opt for it?

A home loan has to be repaid during its tenure, by way of equated monthly instalments (EMIs). The amount of the EMI, as the name suggests, remains the same throughout the tenure of the … READ FULL STORY

Property Trends
By Amit SethiDecember 29, 2017

New home versus resale home: Which is a better option in the current market?

A home is perceived as a tangible, prudent and relatively safe investment instrument that provides vital security and stability. The huge housing shortage in the country, increasing number of nuclear families and rising population, … READ FULL STORY

Current News
By PTIOctober 23, 2017

Home buyers seek Modi’s intervention on delayed projects

In a letter to Prime Minister Narendra Modi, a pan-India home buyers’ pressure group, ‘Fight for RERA’, has said that for projects that are delayed for more than five years, banks should be ready … READ FULL STORY

Current News
By PTIAugust 18, 2017

Axis Bank to waive a few EMIs, in new home loan product

The third-largest private sector lender, Axis Bank, has announced a new home loan product, wherein the bank will waive off four equated monthly instalments (EMIs) each, at the end of the fourth, eighth and … READ FULL STORY

Current News
By PTIDecember 11, 2017

Government approves 3% interest subsidy on homes loans upto Rs 2 lakhs

Close on the heels of the prime ministerโ€™s new yearโ€™s eve address to the nation, where he announced an interest subsidy scheme, the central government on January 24, 2017, has cleared another similar scheme, … READ FULL STORY

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