A nonperforming asset is a category of loans or advances that have defaulted or are in arrears.
Category Archives: Home loan / Finance
All you need to know about the importance of a sanction letter in home loans
Tags: Documentation
A domestic mortgage sanction letter is issued after your mortgage has been approved, but before you receive your last domestic mortgage payment from your lender.
Tips you must consider before applying for a Home Loan
Tags: Home Loan
Purchasing a home is unquestionably one of the most significant financial decisions that you and your family will ever make.
Home Loan Income Tax Benefits In 2021
Tags: Tax
If you are currently paying off a home loan or if you have just taken out a home loan, you may be eligible for certain tax advantages on the equivalent monthly installments (EMIs) that you have paid.
Busting all the myths of home loans
Tags: Myths
A house loan is a financial service that is offered by financial institutions such as banks and housing financing firms. It is one of the most important debts that you may incur in your lifetime. As a result, it is critical that you make well-informed choices when taking out a home mortgage loan.
Factors that affect home loan eligibility
Tags: Loan Eligibility
Have you applied for a home loan, or do you intend to apply for one in the future? When purchasing a house, the vast majority of young Indians apply for a home loan. Home loans are sanctioned by Banks and financial organizations subject to the fulfillment of specific terms and conditions.
What are top-up loans and how they benefit you?
Tags: Loans
A facility to avail more funds on an existing loan is known as a top-up loan. Why go for the loan formalities all over again if you need more funds when you have a loan that has been disbursed and already under repayment.
Living In UAE: Home Loans for Expats
Tags: UAE
If you are planning to live and work in Dubai or anywhere in the UAE for more than three or four years, then it’s probably best to buy a house rather than paying rent. Owning a house near your workplace gives you more freedom and flexibility compared to a rented apartment. Buying a house is […]
Here’s why the latest increase in intimation of mortgage affects homebuyers and real estate
Tags: Loans
For most homebuyers, their dream home becomes a reality through a home loan. For homebuyers, especially middle-class families with limited resources, a home loan that is sanctioned is one of the biggest financial and emotional steps in their journey to owning a home. Along with the happiness of having your loan sanctioned also comes the […]
