The Army Group Insurance Fund (AGIF) oversees Army Group Insurance (AGI) loans, which are given by private and public sector institutions to incorporate multiple life goals of defence personnel. AGI loans provide lower interest rates, a simple and minimal verification process, and flexible repayment options. Several banks differentiate these house loan programmes from AGI loans, […]
Category Archives: Home loan / Finance
A guide to home loan refinance!
1. Determine if you need to refinance. There are various reasons to consider refinancing, from receiving a higher interest rate to remodeling or expanding, from buying an investment property to debt consolidation. However, you should always determine whether refinancing makes financial sense before deciding to negotiate with a new lender.
A Brief roadmap for RBI repo rate rises in 2022!
Following recurrent inflationary shocks wreaking havoc on the economy, the top bank has abandoned the COVID-supporting measures. As a result, lending rates have returned to pre-pandemic levels.
What happens when customers cancel bookings due to project disruptions?
Tags: Home LoanReal Estate
What is the most likely situation if a buyer cancels his flat reservations owing to a delay in project completion? Will he be repaid in full? If so, what about the bank loan he obtained for this purchase? The Karnataka High Court’s most recent decision resolves some of these questions.
As banks raise lending rates, home loans become more expensive.
Tags: Home LoanReal Estate
The Reserve Bank of India (RBI) announced repeated upward adjustments to the repo rate – the rate at which it loans money to banks – in 2022. Not surprise, the present repo rate is 5.4 percent after three revisions this year since April 2022. Such similar increase is on the way to counteract inflation. This […]
Home credit loan payment process
Tags: Credit Loan
Characteristics of home equity loans Mortgage digital packages: Only virtual mortgage applications are accepted under this financing scheme. You may be sure that you won’t have to wait in a long line to get the necessary cash as a consequence. You may also implement this strategy whenever you choose, all from the comfort of your […]
All about applying for Home credit loans!
Another reason someone could need immediate money is to buy anything like a new phone, a dream vacation, a few expensive goods for their home, or something else. A private mortgage can be useful in such circumstances. If your urgent need can be satisfied with less than INR 2,40,000, a private mortgage through Home Credit […]
Your 2022 house loan prepayment guide
Many people explore different ways to reduce or eliminate their debt. One approach that is fairly popular among borrowers is repaying the loan in part or whole before the complete duration of the loan. Although it may assist you in getting out of debt, it can also result in large savings over what you would […]
What exactly is a home equity loan?
Tags: Real EstateRealty Guide
House equity loans allow you to borrow money against the value of your home while it remains mortgaged. Because they are secured loans using the borrower’s home as collateral, they provide access to large quantities of money and are easier to get than other forms of loans.
Register for a home credit loan: Things you need to know before you apply
Someone may require fast cash to acquire a new phone, schedule a dream vacation, or purchase household products. A personal loan may be useful in such instances. If your sudden demand is less than INR 2,40,000, a Home Credit personal loan comes with a fair interest rate. Home Credit India Financing Pvt. Ltd., a non-banking […]
