A home loan is a major financial commitment to any loan borrower. As the home loan tenure ranges from 20 to 30 years, many people spend half of their lives paying it back. It is considered the longest commitment of…
Buying a property is a major step in anyone’s life. People invest their hard earned money while buying a property of their dreams. But buying a property is not a piece of cake. You can’t just swipe a credit card…
A Roman Philosopher Pliny once said, “A home is where the heart is”. Crore of Indians believe the same when they plan to buy a house of their desire. But when it comes to getting a new house, one faces…
Banks have very specific eligibility criteria to grant a home loan. The criteria are further divided as per the profession on the loan applicant. Banks usually grant home loans which are 5 to 6 time of the applicant’s annual income.…
Buying a house can sometimes be a difficult affair as it requires a lot of documentation and processing time. Banks approve home loans only to their customers who fit in their designated eligibility criteria. Each bank has their own policy…
