Payment of the home loan before the mortgage period is known as pre-closure of the home loan. You can opt for a home loan pre-closure for many reasons, such as getting lower interest owing … READ FULL STORY
While seeking a home loan, some queries may seem fairly straightforward but it is always good to start with the basics and then get into the details. Here are some things you should consider … READ FULL STORY
When it comes to taking a home loan, borrowers have to consider numerous options – different interest rates offered by various banks (which may be fixed rate, floating rate, or semi-fixed rate), in addition … READ FULL STORY
Some of the leading banks in India, have recently hiked their interest rates on many lending products, including home loans. The rise in crude oil prices, inflation, global tension and fall in the value … READ FULL STORY
When you buy a house through a home loan, lenders take into account your current income and accordingly, sanction the home loan, based on your eligibility at that point of time. With increase in … READ FULL STORY
Salient features of both schemes Axis Bank’s ‘Shubh Aarambh Scheme’, which offers credit of 12 EMIs, is available only on home loans to residents, whereas, ICICI Bank’s cash-back scheme is available to residents, as … READ FULL STORY
Amidst excess liquidity, the largest private sector lender ICICI Bank, on September 28, 2017, launched a mortgage product assuring borrowers a one per cent cash-back on their monthly installment payment. The product, which comes … READ FULL STORY
