Getting a home loan is one of the easiest and most viable options to finance a house purchase. Home loan EMIs can be a substantial amount. However, it is necessary to plan and ensure … READ FULL STORY
Section 24 of Income Tax (I-T) Act is among many provisions that help taxpayers in India to save taxes. Section 24 is meant specifically to cut down on tax imposed under ‘Income from House … READ FULL STORY
In addition to borrowing funds for the purchase of a ready-to-move-in house or for booking an under-construction property, you can also avail of home loans to get a house constructed on a plot. Such … READ FULL STORY
For the sale of an immovable property, generally two types of agreements are made: an agreement for sale and a sale deed or sale agreement. The agreement for sale is required to be stamped … READ FULL STORY
If you have zeroed-in on HDFC home loan, for assisting you in buying a property, you can check details related to the home loan online anytime, anywhere. The HDFC home loan portal is easy … READ FULL STORY
Banks apply various methods to gauge a borrowers’ creditworthiness, before they approve their home loan applications. Since a lot hinges on the property’s value in a home loan, they also carry out several checks … READ FULL STORY
If you have applied for a home loan at Axis Bank, you can track the status of your home loan application online, on the Axis Bank website. You can also check the status of … READ FULL STORY
Amid the Reserve Bank of India increasing the repo rate, home loans in India have become more expensive in 2023. While nearly all banks have implemented this rate hike in their home loan interest, … READ FULL STORY
Which are the banks from where borrowing would make better sense for women home loan applicants? As the interest rates will always be the single-biggest influencer in driving the decision of a woman borrower, … READ FULL STORY
Applying for a home loan helps in meeting the financial needs that arise while buying a house. It offers many advantages for an individual, including tax benefits. However, home loans are long-term loans that … READ FULL STORY
The Reserve Bank of India (RBI) on December 7, 2022, increased the repo rate by 35 basis points. The fifth consecutive hike in the apex bank’s benchmark lending rate has brought it to 6.25% … READ FULL STORY
Based on your monthly salary, you are eligible for a certain home loan amount. Therefore, banks often suggest that you apply with a co-applicant to increase your home loan amount. While this is a … READ FULL STORY
Public lender Bank of Maharashtra has said it would offer home loans at a starting interest of 8%, keeping in view of the ongoing festive season. So far, the Pune-based lender has been offering … READ FULL STORY
