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EMI

RBI Moratorium

Loan Moratorium: SC Asks Center To Implement Interest Waiver Scheme Till November 2

In the wake of the outbreak of COVID-19 and the financial setback that may occur to many, the Reserve Bank of India (RBI) announced some relief, in an effort to provide some relief to those struggling with a liquidity crisis, as a moratorium on term loans for three months on March 27, 2020, ends on […]

Prahalad Singh

Home Loan 2020

Home Loan Interest Rate & EMI In India, September 2020

HIGHLIGHTS Lowest Home loan interest rates starting at 6.90%/annum No prepayment charges on home loans linked to floating rate of interest A base point is equal to one-hundredth of a percentage point. Interest rates are based on the floating rate system. Factors that high income, property in a good location, valid income proof, and good […]

Prahalad Singh

What to do when your home loan gets rejected!

Are you dejected because your home loan got rejected? Well, in that case let curiosity get the better of you and not disappointment. So fretting is not going to help. But then what are you supposed to do? When a home loan application says “no”, read it as “try again”. Let there be no place […]

nikunj.j

Home loan gets you tax benefits and a home too!

Rising property prices make home loans inevitable. While buying a home availing a home loan also enjoy tax benefits that come with it. Thanks to firm real estate prices, buying a house is a daunting task for many inIndia. Those who have managed to buy a house have inevitably availed a home loan. These people […]

nikunj.j

Find a Home Based on your Salary

Owning a home is a dream nurtured by almost every individual. However, in the home buying journey, selecting a budget is the most herculean task. Thus, in order to solve this problem, CommonFloor has tried to analyse ‘how much worth house you can afford’ based on the salary you draw on an annual basis and […]

Yadunandan Batchu

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