Home Loan Archive

Following the RBI’s 5 December repo rate cut to 5.25%, six major banks have begun trimming home loan benchmarks, so borrowers may soon see lower interest rates on floating-rate loans and lighter EMIs on existing home loans and for fresh applications. Home loan borrowers are set to get relief after…

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,…

A home loan can not only get you your dream home —it can also help you save on taxes! Home loan exemptions offered by the Income Tax Act (1961) allow borrowers to claim rebates that lower their taxable income. These exemptions range from Rs. 50,000 to Rs. 2 lakh, ensuring…

Investing in under-construction properties offers affordability and long-term benefits. It is a popular choice among homebuyers. These properties provide flexible payment plans and potential appreciation in value over time. Opting for a home loan for properties, such as the home loan disbursement process for under-construction property, adds further advantages, with…

Money makes the world go round, but borrowing it can sometimes feel like a puzzle. When you take a loan, you hear words like “principal” and “interest” tossed around, but what do they actually mean? Think of it this way: the principal is the amount you borrow, and interest is…

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…

Every individual dreams of buying a home, but securing a low-interest home loan can make all the difference in saving lakhs or crores over the loan tenure. With lending rates fluctuating based on economic trends, financial policies, and creditworthiness, being well-prepared is essential. In 2025, banks and financial institutions will…

A power of attorney for a home loan is a legal document allowing a borrower to authorise someone to act on their behalf. It ensures that loan processes continue if the original applicant is absent. Whether you are an elderly citizen unable to physically visit your bank or an NRI…

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…

Owning your dream home can feel like a distant goal when faced with the challenge of home loan approvals. Dealing with home loan criteria, paperwork, and financial checks might seem daunting, but the good news is that success is within reach with the right strategies. This blog will help you…