On International Women’s Day, a number of financial institutions have rolled out special discounts and offers on loans meant exclusively for women. Aditya Birla Housing Finance launched Khushia customised home loan offering for women borrowers to help them on their path to home ownership while State Bank of India (SBI) has rolled out collateral-free loans … Read more
I am planning to buy a home and will be taking a loan to finance my purchase. While exploring my options, I came across loan protection insurance. I want to understand whether it is necessary and how it can benefit me. – Name withheld on request Buying a home or car is a dream come … Read more
I recently applied for a home loan, and the bank is urging me to buy home insurance. My property in Gurgaon, measuring about 1,500 sq ft, is valued at ₹3 crore, and my loan amount is ₹2 crore. However, the bank has sent me a quote with a sum assured of only ₹2 crore. Should … Read more
It is not easy to choose between a fixed and floating interest rate for your home loan in India, given the pros and cons of both. Below is a detailed guide that will help you make a decision on what type of interest rate will be most suitable for you as per your needs, goals … Read more