Category: Loans

Finance, Loans

Mclr – A Primary Factor In Determining The Interest Rate Of Your Home Loan

An MCLR is a prime factor that affects your home loan interest rates. Given below is a brief outline of MCLR and how it impacts the home loan interest rate. What is MCLR? Marginal Cost of fund based Lending Rate (MCLR) is the benchmark rate which is the lowest percentage a lender is allowed to charge while sanctioning advances. An MCLR is dependant on the … Continue reading Mclr – A Primary Factor In Determining The Interest Rate Of Your Home Loan

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Finance, Loans

Top Bridal Makeup Packages to Look Out for this Wedding Season

Indian weddings are an extravagant affair. Apart from arranging a range of services like top 7 bridal makeup packages in India or hiring a make-up artist for the bride comes as paramount importance.

So, here are the some top bridal makeup packages in India that you can consider-

  • HD Makeup

This involves high-definition finish leaving the bride’s skin flawless and stunning. However, this makeup package is quite expensive. So, you can fund this by availing a marriage loan against property and get the stunning camera-ideal look you always wanted.

Continue reading “Top Bridal Makeup Packages to Look Out for this Wedding Season”

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Loans

What do You Need to Know of NTR Housing Scheme in AP?

With an objective to offer affordable housing to the residents of Andhra Pradesh, the state government of AP launched the NTR housing scheme in 2016.

This ‘housing for all’ scheme comes under PMAY compliance and caters to the economically underprivileged for both rural and urban areas of Andhra Pradesh.

Here is everything you need to know of the NTR housing scheme in Andhra Pradesh. Following the suit of Pradhan Mantri Awas Yojana, NTR housing scheme aims to –
-> Facilitate affordable housing to the homeless.
-> Provide budget-friendly reconstruction of the existing homes.

Continue reading “What do You Need to Know of NTR Housing Scheme in AP?”
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Education, Loans

Why is a Loan Against Property Better than an Education Loan?

Education loans are unsecured advances that do not require pledging any collateral. If you are considering how to apply for education loan, you can approach any leading financial institution or NBFC. Here the credit amount can range from Rs. 20 Lakh to Rs. 25 Lakh.

Now, if the borrower’s credit requirement is much higher, he/she can opt for a loan against property. This credit facility requires you to pledge any of your assets as collateral. Depending on the LTV (loan to value) ratio, a loan against property for education can fetch you a handsome sum of up to Rs. 3.5 Crore.

Now, that you know what is education loan is and how it differs from a loan against property, take a look at why the latter proves advantageous.

Continue reading “Why is a Loan Against Property Better than an Education Loan?”
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Finance, home, Loans

What does Pradhan Mantri Awas Yojana have to offer?

In a bid to make housing affordable for all economic strata of the society, the Government of India launched the flagship program Pradhan Mantri Awas Yojana (PMAY) as ‘housing for all’ scheme. This flagship housing scheme offers – (A) Interest subsidies One of the significant benefits of PMAY is its subsidies on home loan interest rate. EWS and LIG families can receive subsidies up to … Continue reading What does Pradhan Mantri Awas Yojana have to offer?

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Loans

Two Best Funding Options: Business Loan and Line of Credit

If you are looking for financing options, both business loans and lines of credit can be beneficial depending on the circumstances. In case of a business loan, you obtain a lump sum which you are required to repay within a pre-set tenor with fixed monthly pay-outs.  Obtaining a line of credit provides you with revolving access to funds which can withdraw and repay within a … Continue reading Two Best Funding Options: Business Loan and Line of Credit

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Finance, Loans

A Comprehensive Guide About Destination Wedding In India

A typical Indian wedding can go for five long days, with variety of different rituals performed on each day, followed by the main wedding events and then the reception party. Following the modern trend, the Indian culture is gradually absorbing the knick-knacks of the western culture. So, apart from the traditional rituals, brides and grooms are now engaging themselves in pre-wedding parties and events like … Continue reading A Comprehensive Guide About Destination Wedding In India

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home, Loans, Uncategorized

PMAY— The Easiest Way To Avail Affordable Homes

It definitely won’t be wrong to consider the PMAY as the easiest and most convenient option to procure affordable homes in the country. While the Pradhan Mantri Awas Yojna is more of a flagship plan to provide cost-effective lodging options for every individual, the existing pradhan mantri awas yojana list makes sure that the by 2022, almost 22 million households catering to the weaker sections … Continue reading PMAY— The Easiest Way To Avail Affordable Homes

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Loans

What You Must Know About The Focus Of MahaRERA?

As per the Real Estate Act 2016, every developers and builder must follow certain guidelines and rules in favour of the home buyers. This has been done to protect the interests of the buyers and also to boost the real estate sector. Under the RERA act different states has to follow the policies regarding the real estate projects. One such state is Maharashtra and their … Continue reading What You Must Know About The Focus Of MahaRERA?

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Loans

All The Major Key Features and Benefits of PMAY Subsidy Scheme

Owning a home is still a dream of millions in India. The Government of the country fully recognises this aspiration of common people and has hence launched the Pradhan Mantri Awas Yojana scheme. Through the scheme, the government aims to provide affordable housing to poor people of India in rural as well as urban areas. The Government of the country will be delivering around 20 … Continue reading All The Major Key Features and Benefits of PMAY Subsidy Scheme

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