Home loan
Pre-EMI vs Full EMI: Which one to go for?
The dilemma The most common dilemma a potential home buyer faces while planning to invest in an under construction or partially completed project is that of which home loan repayment schedule to go for. There are predominantly two options to choose from, one can either opt to pay full, equated monthly installments (EMI) or pre-EMIs. In […]
Pre-approved Loans: Explanation and Facts
The pre-approval of loans is a marketing strategy which is adopted by the banks and other financial institutions in order to enhance their credit disbursal through cross selling products. Based on the existing information of the customer, loan products are sold to them. The process of pre-approval can be initiated by the customer or the […]
