Home Loan Archive

(Memorandum of Deposit) MOD in Home Loan
July 30, 2024

Out of the numerous documents a home loan applicant has to sign, a Memorandum of Deposit (MoD) is among the most important ones. Knowing only the loan terms and mere verbal interactions with bank agents isn’t enough for a home loan seeker. To be an intelligent borrower, one must be…
GST and Its Influence on Home Loan Interest Rates
July 30, 2024

If you're planning to purchase a new home, it's crucial to understand how the Goods and Services Tax (GST) can affect your home loan interest rates. GST is a consumption tax introduced in India on July 1, 2017, and has significantly impacted various industries, including real estate. Implementing GST on…
ROI - Return on Investment
July 30, 2024

In the realm of decision-making, understanding the potential benefits of investments is crucial for success. At the heart of this evaluation lies Return on Investment (ROI), a pivotal metric that illuminates gains and losses, informing choices that shape professional and personal paths. ROI is a financial ratio that measures an…
Home Loan For Small Business Owners
July 30, 2024

Many lending institutions offer Home loan for small business owners in India. One can apply for a loan from a bank or a non-banking financial company (NBFC) that provides home loans to small business owners. To qualify for a loan, you must provide documents such as your personal and business…
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…
Shriram Finance Customer Care Number
October 05, 2023

We explore all the Shriram Finance Customer Care Numbers provided by the bank. Through these channels of communication, the financier aims to provide technical support, grievance redressal, and other support services to its customers.Scroll down to gain the complete details of Shriram Finance Customer Care Numbers.Customer Support for Loan ProductsLoan-related…
RBI Home Loan Guidelines 2024
September 11, 2023

The Reserve Bank of India is the highest banking and financial authority in India. Along with the Government of India, the central bank revamps and updates its policies to publish RBI guidelines for home loans every year. The guidelines specify the home loan rules that are to be followed by…
Top 10 Real Estate Builder in India
September 01, 2023

The feeling when you buy your first car, the feeling of going on that first trip, and the feeling of buying your first dream house make our lives whole. These are the kinds of goals we set for ourselves in life! When talking about buying your first home, they say…
Home Loan Age Limits in India
August 23, 2023

In the dynamic landscape of financial services, certain eligibility criteria play a pivotal role in determining individuals' access to various offerings. One such critical factor is the age limit. In the context of India, understanding the minimum and maximum age limits for home loans is of utmost significance. These criteria…
How to Track Your ICICI Home Loan Application Status
August 09, 2023

Owning a home is a cherished dream for many. ICICI Bank, one of India's leading financial institutions, aims to turn this dream into reality with its attractive home loan offerings. Applying for a home loan is a significant step towards acquiring your dream home. ICICI Bank ensures a seamless and…