Home loan
Which home loan repayment option suits you the best?
Financial institutions and banks offer a number of repayment schemes to suit the needs of different types of prospective borrowers. This is primarily done with an intention to attract more borrowers and fence sitters. Some of such innovative repayment schemes are given below: Step-up Option:- This suits the “younger generation and new to employment”the most. […]
NHB home loan interest cap of 10.75% to safeguard interests of Priority customers
The National Housing Bank (NHB), the wholly owned subsidiary of the Reserve Bank of India (RBI), which supports the housing finance sector has set a cap on the lending rates for specialised mortgage lenders such as LIC Housing Finance, which are dependant on the NHB for seeking refinance. This measure by the NHB comes at a time when […]
