[ad_1] The Reserve Bank of India (RBI) has recently reduced the repo rate by 50 basis points. This gives the home loan borrowers a timely chance to recheck, replan and decide on their repayment strategies. In such a case lowering your Equated Monthly Instalments (EMIs) can immensely ease your financial burden and result in significant…
[ad_1] Remember, not all tax-saving allowances are created equal. Some more than others can provide substantial tax benefits, significantly impacting your take-home salary and tax outgo. According to chartered accountant Vijaykumar Puri, partner at VPRP & Co. Llp, the first critical step is understanding your salary structure. “The key is ensuring all allowances are properly…
[ad_1] A credit score is an important indicator of your creditworthiness and loan repayment capacity. It also plays a crucial role in determining your home loan eligibility and the interest rates applicable to it Banks and financial institutions increasingly rely on an individual’s creditworthiness, repayment capacity, and financial integrity to mitigate the risks of defaults…
[ad_1] The importance of the housing sector to India’s gross domestic product (GDP) cannot be overstated. The major employment generator is expected to contribute 13% to the national GDP. With the Union budget being around the corner and the emphasis that the current dispensation is laying on the real estate sector, there is a lot…
[ad_1] If you are planning to buy a house and wondering where to raise a home loan from, then it is recommended that you compare the interest rates charged by different banks before taking a call. It is noteworthy that the rate of interest is a key factor, but not the only one which is…
