Vimal Vijayan

• Vimal Vijayan is a major in Philosophy with a background in Music, Artistry, Research, and Teaching. More often than not, he is as confused as a cow on an astroturf but oddly that's just his strategy for staying lazy. Also, he likes to play Chess. Fin.

28 Stories by Author: Vimal Vijayan

SBI Slashes Lending and Deposit Rates After RBI's Jumbo Repo Cut
June 19, 2025

In a move reflecting the broader shift in monetary policy, the State Bank of India (SBI) has announced a reduction in its key lending and deposit rates. The revision follows the Reserve Bank of India’s (RBI) decision on June 6 to cut the repo rate by 50 basis points, bringing…

Category:Financial News
Top 5 Legal Documents You Need for a Hassle-Free Home Loan Process
June 18, 2025

Getting a home loan can be smooth if you have all the right documents. Lenders need certain legal documents for a home loan to verify your identity, income, and property details. Having these ready in advance can speed up the process and increase your chances of approval. In this guide,…

Category:Home Loan Archive
Buyers Eye Homes Priced Between ₹50 Lakh and ₹1 Crore Amid Rate Cuts
May 15, 2025

As the property market gears up for Akshaya Tritiya, one trend is becoming clear: homebuyers are not holding back. Demand is steady and rising, especially in the affordable and mid-income segments. Developers and real estate firms say this interest is seasonal and a sign of growing buyer confidence. Amit Prakash,…

Category:Media Coverage
7 Ideal Practices to Accelerate Your Home Loan Repayment
March 24, 2025

Homeowners need to pay off their mortgages. This means repaying the loan amount and interest to the lender over a specific duration. A repayment plan usually involves monthly payments, often called a mortgage or loan amortisation schedule. Payments include two essential parts: the principal, the sum you borrowed, and the…

Category:Home Loan Archive
Home Loan vs Construction Loan : Key Differences
March 21, 2025

Loans are pivotal in business strategy, allowing you to leverage financial resources to expand and diversify your portfolio. In real estate development, using loans isn't just about the necessity of capital. It's about optimising cash flow management and enhancing the potential for project scalability. A home loan or mortgage is…

Category:Home Loan Archive
All About Franking Charges
August 27, 2024

With numerous extra charges and long documentation processes, getting a home loan to build your dream house can be daunting. However, with proper preparation and deep knowledge of all property-related expenses, you can avoid getting into trouble due to a lack of appropriate documents. Many people confuse stand-duty charges with…

Category:Home Loan Archive
Annual Percentage Rate (APR) - Definition, Meaning with Calculation Formula
August 23, 2024

A loan from any institution is a significant financial move that can affect you and your loved ones. While many banking institutions advertise a provisional interest rate on the borrowed amount, an Annual Percentage Rate helps discover the true expenditure and various annual charges. This amount enables you to budget…

Category:Home Loan Archive
Unlock Your Property's Value with Loan Against Property
July 30, 2024

Loan Against Property or a property loan is a financial assistance tool available with an immovable asset or real estate as collateral. This secured loan can be used for myriad reasons instrumental in wedging your financial gaps. Individuals often rely on their bank savings to meet different financial needs, but…

Category:LAP Archive
Composite Loan: Features, Benefits, and Considerations
July 30, 2024

Composite loans have become a popular option for homebuyers in India looking to purchase a property. These loans combine the benefits of a home loan and a personal loan, allowing borrowers to finance their entire property purchase, including ancillary expenses such as registration fees, stamp duty, and other charges. This…

Category:Home Loan Archive
How To Get a Rs. 50,000 Loan Urgently?
July 18, 2024

Individuals can face any difficulty or circumstances in which they might require funds immediately. Finding an urgent 50,000 Loan can be stressful, especially when you need a quick and reliable solution. A Rs 50,000 urgently loan can be required for medical expenses, urgent home repairs, or any other unexpected situation.…

Category:Personal Loan Archive