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Home Loans

4 Reasons Why You Should Have A Home Loan Insurance Cover

A home loan insurance provides a host of benefits that could offer timely help in the event of the borrower’s death, incapacitation, or otherwise

04 January 2023

Want To Take A Home Loan Overdraft Facility? Here Are Its Benefits And Demerits

A home loan overdraft facility will allow you to prepay your home loan, while also providing you with enough liquidity for your other goals. But they do have some demerits, including a higher rate of interest than your...

23 December 2022

What Are The Charges Levied By Banks When Prepaying A Home Loan?

Banks cannot impose foreclosure charges when you prepay your home loan. Read on to know the charges levied in such a situation.

20 December 2022

LIC Housing Finance Increases Home Loan Rates By Hikes Lending Rate By 0.35%

LIC Housing Finance Hikes Lending Rate By 0.35%, Home Loans To Cost 8.65% Now

There is good sustenance in the home-buying activity in the real estate sector at present, according to MD of LICHF

26 December 2022

Real Estate Market To Witness Controlled New Launches In 2023, Say Industry Experts

Rising interest rate, looming impact of US recession, fear of layoffs could lead to restricted supply in real estate in 2023

22 December 2022

Top Trends That Shaped India’s Housing Market In 2022

Low home loan rates and steadily increasing homeownership sentiment helped maintain gains and momentum in residential real estate

15 December 2022

Home loan

Selling Residential House Within Five Years Of Possession Will Reverse Tax Benefits On Home Loan

It’s best to complete five financial years from end of the year in which the possession was taken, to avoid the consequences of reversal of tax benefits under sections 80C and 24. No tax benefits available on application...

24 December 2022

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Home Loan Rates Breach 9% Mark: What Borrowers Must Consider

Home loan rates have increased further as the Reserve Bank of India (RBI) has raised the repo rates. Here is how you can manage your home loan EMIs.

10 December 2022

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07 December 2022
Home Loan Rate To Be Costlier; Realtors See Moderate Impact On Housing Demand

Home Loan Rate To Be Costlier; Realtors See Moderate Impact On Housing Demand

With borrowing costs for developers set to rise, many builders said that housing prices might also increase


05 December 2022
SBI's Personal Banking Advances Excluding Home Loans Cross Rs 5 Lakh-Cr Mark

SBI's Personal Banking Advances Excluding Home Loans Cross Rs 5 Lakh-Cr Mark

The largest lender in the country took a year to book the last Rs 1 lakh crore of advances, as against over 15 months for the previous Rs 1 lakh crore and over...


16 November 2022
5 Mistakes To Avoid When Applying For A Home Loan

5 Mistakes To Avoid When Applying For A Home Loan

Taking a home loan is an emotional decision. Hence, you must weigh all pros and cons before applying for a home loan. You must only go for the product that...


12 November 2022
Overall Claim For Interest On Home Loan Limited To Rs. 2 Lakh

Overall Claim For Interest On Home Loan Limited To Rs. 2 Lakh

You can claim tax benefit on your second house starting from the year of completion and possession. It is important to ascertain whether a piece of...


09 November 2022
How India’s Post-Pandemic Real Estate Market Offers NRI Homebuyers ‘Distinct Advantage’

How India’s Post-Pandemic Real Estate Market Offers NRI Homebuyers ‘Distinct Advantage’

Aided by the strengthening US dollar, more and more non-resident Indians (NRIs) are looking at the current favourable real estate market conditions in India...


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03 November 2022
Renting Vs Buying What Works For You?

Renting Vs Buying What Works For You?

The Indian equity market has been highly volatile since November 2021 due to selling pressure from foreign portfolio investors.


26 October 2022
Here Are 7 Questions You Should Ask Yourself Before Investing In A Home

Here Are 7 Questions You Should Ask Yourself Before Investing In A Home

The housing market is cooling down and you might be tempted to finally take that leap of faith and invest in a home. But are you ready yet? Is this the right...


19 October 2022
Home Loan Diwali Offers: HDFC, SBI, Bank Of Baroda And Others Slash Rates, Check Latest Interest Rates Here

Home Loan Diwali Offers: HDFC, SBI, Bank Of Baroda And Others Slash Rates, Check Latest Interest Rates Here

As a cherry on the top, SBI, the country’s largest lender has also waived off the processing fee on home loans till January, 2023.


17 October 2022
Amid Pollution Concern, Here’s How A Construction Ban Will Impact Housing Projects In Delhi-NCR 

Amid Pollution Concern, Here’s How A Construction Ban Will Impact Housing Projects In Delhi-NCR 

There are currently as many as 568,000 housing units under various stages of construction in Delhi-NCR, according to ANAROCK Group.


16 October 2022
Bank of Maharashtra Slashes Home Loan Rate To 8% In Festive Offer

Bank of Maharashtra Slashes Home Loan Rate To 8% In Festive Offer

The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022),...


16 October 2022
5 things to know about home improvement loans

5 things to know about home improvement loans

This Diwali, you may want to light up your home with a makeover. If you want to avail of a loan for this, read on to find more. 


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14 October 2022
5 Strategies To Cope With High Home Loan EMIs

5 Strategies To Cope With High Home Loan EMIs

As banks continue to increase home loan rates and EMIs increase, here are some strategies for homebuyers to cope up


11 October 2022
Home Loan Repayment: What Longer Tenure Could Mean For Mortgage Borrowers?

Home Loan Repayment: What Longer Tenure Could Mean For Mortgage Borrowers?

If the total loan repayment period reaches the age at which the borrower is expected to retire, in that case, even the banks will not be in a position to...


09 October 2022
No Material Impact Of Rate Hike On Demand For Home Loans

No Material Impact Of Rate Hike On Demand For Home Loans

As per the RBI data, the housing loan outstanding of the banks was at Rs 8,60,086 crore at the end of fiscal 2016-17, and the same has increased to Rs...


06 October 2022
Can Fin Homes Mulls Raising Up To Rs 4,000 Crore Debt Capital

Can Fin Homes Mulls Raising Up To Rs 4,000 Crore Debt Capital

The board of directors of the company is scheduled to meet on October 17, 2022 to approve financial results for the company's second quarter and first half...


06 October 2022
You Can Now Take A Home Loan Online, But 10% Work Still Has To Be Done Offline

You Can Now Take A Home Loan Online, But 10% Work Still Has To Be Done Offline

Compared to a decade ago, you can now complete up to 90 per cent of the home loan process completely online, thus making the entire process that much faster....


01 October 2022
Home Loan Rates Up After Another RBI Repo Rate Hike, How Much Will EMIs Increase?

Home Loan Rates Up After Another RBI Repo Rate Hike, How Much Will EMIs Increase?

Leading home loan lenders, such as HDFC and LIC Housing Finance, as well as banks, such as ICICI Bank and Axis Bank have increased home loan rates within hours...


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