The Reserve Bank of India (RBI) has recently implemented some steps to curb inflation and uphold the nation’s financial stability. The repo rate, which represents the rate at which the central bank loans money to commercial banks, has increased as one such metric. The RBI uses the repo rate as a key instrument to manage […]
Category Archives: Home loan / Finance
What is the repo rate?
A repo rate is a tool for monetary policy that central banks employ to manage inflation and manage the flow of money into an economy. It describes the rate at which a central bank makes short-term loans to commercial banks. The repo rate is regulated by the Reserve Bank of India (RBI), which serves as […]
Is it a good idea to pay off a house loan early?
Tags: Home Loan
Not only is owning a home the biggest ambition of our lives, but it is also without a doubt one of the most significant financial chores in our lives. Paying off your mortgage early is one of the most creative methods to save money. To reduce your home loan‘s interest payments, you can prepay the […]
About loan against property rentals!
Real estate is a valuable asset that may be a lifesaver in difficult times in addition to giving one a place to live. For instance, a homeowner in dire need of money doesn’t need to take out pricey personal loans; instead, they can use a home equity loan to get by during the financial crisis […]
Who can be co-applicants on a joint home loan?
Tags: Home LoanRealty Guide
If you wish to take out a house loan, enlisting a co-applicant is a good idea because shouldering the financial burden alone for 15-20 years might be difficult. You may be financially secure now, but because a house loan is a long-term commitment, you must be future-oriented and prepare properly. This is especially important now, […]
Everything there is to know about Indian Accounting Standards
The Government of India specifies Indian Accounting Standards in order to improve openness and the acceptability of Indian firms’ financial statements across the world. The terms of the Indian Copyrights Act of 1957 regulate these standards, and their copyright is held by the Central Government. Specific firms are expected to implement these guidelines whenever they […]
What you need to know about AGI loans?
Tags: FinanceLoanRealty Guide
An Army Group Insurance (AGI) loan is issued by private and public sector institutions to achieve various life goals of defence personnel and is overseen by the Army Group Insurance Fund (AGIF). AGI loans provide lower interest rates than traditional loans, a simple and minimum verification process, and flexible repayment options. here we provide a […]
Realtors anticipate a positive influence on house demand from rising home loan rates!
Tags: Home Loan
According to the real estate sector, the RBI’s decision to increase the repo charge may have a little short-term impact on housing demand and a potential increase in home loan interest rates. Many developers predicted an increase in house costs due to rising financing costs for builders. In response to concerns about inflation, the RBI […]
Everything You Need To Know About Home Loan Insurance
Although house loans help people realise long-held goals of buying a home, home loan insurance protects against unanticipated events or catastrophes. When accepting a house loan application, banks frequently recommend home loan insurance. But is it necessary, or even advantageous? Here we have simplified the notion of home loan insurance for you.
Is term insurance a better option than house loan insurance?
Insurance is a valuable financial tool that may help individuals guarantee the future of their families. Both home loan insurance and term insurance are essential forms of insurance. Although house loan insurance offers various advantages, experts believe that term insurance is a more cost-effective option. We go deeper into the term insurance idea.
