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
Home loans play a pivotal role in facilitating property purchases for individuals. Many home buyers opt for joint home loans due to their advantageous interest rates and simplified repayment options. However, one of the … 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
The benefits of a joint home loan are many. It provides borrowers with an opportunity to combine their respective credit taking capabilities and afford a home that might not have been possible, if only … READ FULL STORY
A home loan is a financial tool that allows individuals to purchase a house by borrowing from a bank or financial institution, making homeownership more accessible. It enables buyers to spread the cost of … READ FULL STORY
The tax law allows you to avail of certain benefits with respect to home loans. The benefits are available under Section 24(b) for interest paid and under Section 80C for the principal repayment, subject … READ FULL STORY
The Law Commission issued a consultation paper on the ‘Reform of Family Laws’, on August 31, 2018. In it, the Law Commission has recommended for the abolition of the Hindu Undivided Family (HUF) as … READ FULL STORY
