A Quick Guide To Home Loan Sanctioning and Disbursement

Are you applying for a home loan? Know all about the home loan sanctioning and disbursement process in India. A home loan is a lucrative option when it comes to funding your construction or buying of a new home. There are several banking institutions and financial institutions out there providing the ease of applying for a home loan in India. However, in order to avail … Continue reading A Quick Guide To Home Loan Sanctioning and Disbursement

What Are the Documents Required to Apply for A Loan Against Property?

A loan against property is a type of secured loan in which you can pledge for the important assets including your home, land, or the business premise for the purpose of availing funds. You can make use of the loan amount for addressing important needs including the expansion of your business, making the down payment while buying a property or home, funding your children’s education, … Continue reading What Are the Documents Required to Apply for A Loan Against Property?

What Are The Things to consider When applying for a Loan?

Banks or NBFCs offer secured and unsecured loans to help you meet your financial requirements. However, here are some important things like how to increase your CIBIL Score, how to maintain good Cibil to consider before you apply for any type of loan: 1. Interest Rates: Different banks or NBFCs charge different interest rates on loans. The unsecured loans attract high-interest rates, whereas the secured … Continue reading What Are The Things to consider When applying for a Loan?

Income Tax Deductions that can be Claimed on your Home Loan

Buying a home of one’s own is one of the biggest cherished dreams of any individual. In order to facilitate the realization of this dream, there are a number of lenders available today who provide home loans at very attractive interest rates. Benefits of a Home Loan There are a number of benefits of opting for a home loan according to RBI guidelines for Home … Continue reading Income Tax Deductions that can be Claimed on your Home Loan

The Important Role Of Chartered Accountant In The Indian Economy

Late President Abdul Kalam first regarded Chartered accountants as partners in nation building. They share their knowledge and expertise to develop the Indian economy from the grass root level. The role of Chartered Accountant extends from advising companies on tips to manage their expenses to help government authorities in critical financial decisions. The Institute of Chartered Accountants of India is responsible to guide aspirants through … Continue reading The Important Role Of Chartered Accountant In The Indian Economy

Why do Banks Check your CIBIL Score before a Loan Approval? Get to Know Here

To know what is a good CIBIL score, you have to first know everything about your credit score. CIBIL is a credit information company that provides this score based on your Credit Information Report (CIR). The CIR or credit report stands for your finanical record. These data are collected by CIBIL from the financial institutions that have provided you with a credit. Some of the … Continue reading Why do Banks Check your CIBIL Score before a Loan Approval? Get to Know Here

A Short Note on CLSS

The Ministry of Housing and Urban Poverty Alleviation (MoHUPA) launched the Credit Linked Subsidy Scheme (CLSS) in the year 2015. The main aim of launching this project was to provide interest subsidy to existing housing loan subscribers and was launched under Pradhan Mantri Awas Yojana (Urban). Under the Credit Linked Subsidy Scheme (CLSS Scheme), the individual is provided with interest subsidy on housing loan availed … Continue reading A Short Note on CLSS

Which Bank Gives The Cheapest Personal Loan In India?

Personal loans are collateral-free loans, and therefore, have a higher rate of interest. This is standard in every bank as the financial institution is engaging in a riskier lending option. But, there are some NBFCs which provide personal loans that are cheaper compared to the loans given by traditional banks. You need to check eligibility for personal loan form One such NBFC that offers affordable … Continue reading Which Bank Gives The Cheapest Personal Loan In India?

What is A Recommended Bank to Get a Personal Loan From?

There are several financial institutions which can provide you with personal loan, but only a few can offer the additional services to make the procedure more convenient for you. It is thus more than essential to choose your lender from whom you opt for a personal loan carefully. Mentioned below are a few points which you can use parameters for choosing the right lender for … Continue reading What is A Recommended Bank to Get a Personal Loan From?

Here is How To Get Benefits of Home Loan Credit Linked Subsidy Scheme

The Prime Minister of India launched the Pradhan Mantri Awas Yojana in 2015 with an aim to provide affordable housing to all urban citizens by 2022. Under the PMAY scheme, the lower and middle-income groups of society are provided an interest subsidy on home loans under the Credit Linked Subsidy Scheme (CLSS) in India. These loans can be used for construction, purchase or renovation of … Continue reading Here is How To Get Benefits of Home Loan Credit Linked Subsidy Scheme