Loan Prepayment vs Investment: What’s Smarter?

By: Loan Advisor0 comments

1. Introduction When you have extra funds at your disposal, one common question arises — should you prepay your loan or invest the surplus to grow your wealth? It’s...

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How to Budget Your EMIs without Stressing Your Finances

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1.Introduction In today’s financial landscape, Equated Monthly Instalments (EMIs) are a popular way to afford major expenses—whether it’s a home loan, personal loan, car finance, or consumer durable purchase....

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Should You Use a Top-Up Loan or a Personal Loan for Home Renovation?

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1. Introduction: Financing Your Home Renovation Renovating your home can transform it into a more functional and aesthetically pleasing space, whether you’re upgrading a kitchen, remodeling a bathroom, or...

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Section 80C vs 24(b): What You Can Claim on Your Loan

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1. Introduction: Understanding Loan Tax Benefits Taking out a loan, especially a home loan, offers an opportunity to save on taxes, thanks to provisions in the Income Tax Act...

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How to Maximize Tax Benefits on Home Loans?

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1. Introduction Homeownership in India has seen a steady rise in recent years, thanks to growing urban development, increasing income levels, and government-backed affordable housing initiatives. For many individuals...

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How to Use a Home Loan EMI Calculator Effectively

By: Loan Advisor

1. Introduction Purchasing a home is a significant life goal, and for many, it involves securing a home loan to make that dream a reality. A home loan allows...

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Home Loan Tips for NRIs Planning to Buy Property in India

By: Loan Advisor

1. Introduction The interest of Non-Resident Indians (NRIs) in investing in Indian real estate has grown significantly in recent years. Many NRIs see purchasing property in India as a...

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Can Self-Employed Individuals Get a Home Loan? Yes—Here’s How

By: Loan Advisor

1.  Introduction Applying for a home loan is often simpler for salaried individuals, but self-employed borrowers face unique challenges. With fluctuating incomes, diverse financial records, and complex tax filings,...

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CIBIL Score for Home Loan: What You Need to Know

By: Loan Advisor

1. Introduction When you’re planning to purchase your dream home, one of the most crucial factors to consider is your CIBIL score. This is a three-digit number between 300...

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Documents Required for a Home Loan – Complete Checklist

By: Loan Advisor

1. Introduction A home loan is a long-term financial solution that helps individuals purchase, build, or renovate residential property. Offered by banks and financial institutions, this secured loan is...

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