With heavy rains causing havoc in Chennai,
Tamilnadu top mortgage lender HDFC has decided to waive off any penalty on its
housing loan customers impacted by the rains for any delay in EMI payments for
last month that is November, 2015. "Understanding the
gravity of the …
Showing posts with label Loan - EMI. Show all posts
Showing posts with label Loan - EMI. Show all posts
Tata Capital: Loans with flexible EMIs..!
Tata Capital, the financial services arm of the
Tata Group, has launched ‘Flexi EMI Loans’ that give customers the choice of
customising their EMI repayment options, as per their convenience, a statement
said. The Flexi EMI plans will offer multiple repayment
options and for…
India : Housing Loans Are Taking 40% of Income as EMIs..!
Investment GuruFriday, May 22, 2015Home Loan, Home Loan - Banks, Loan - EMI, Real Estate - Surveys
1 comment
RBI Housing Data Shows Home Loans Are Taking 40%
of Income as EMIs..! From Capital Mind Reserve Bank of India (RBI) has released a report on Indian Residential
Real Estate Prices. T hey use bank loan data to get an
idea about housing prices. Since Banks appraise houses before g…
Home loan EMI: Rs. 1,000 per lakh , Rs. 900 per lakh Which is best?
Home loan EMIs
usually work out to about Rs. 1,000 per lakh of a loan availed for up to 20
years Banks are now
lowering EMIs to Rs. 900 per lakh
or / even below by increasing tenure by
up to 10 years Experts say this will only win customers in the short term as
EMIs will h…
Income Tax Benefits Applicable on Pre-EMIs
A housing loan has to
be repaid within a specified number of months through equated monthly
installments (EMIs). EMI is the monthly
payment you make on your housing loan. It is a arrived at with interest &
principal components. The total monthly
amount is calculated in s…
Buyer's Guide Housing Loan: What is Pre EMI?
You have chosen a
property that's yet under construction. So, the lender (Banks and Hosuing
Finance Companies - HFCs) makes the loan disbursement in parts based on the
progress of the construction of your property. However till the home
loan is fully disbursed you have …
Can I get 2 housing loans against 2 different Properties ?
Yes, you can have as
several loans against different properties. The only criteria
being that you should be able to repay all the EMIs every month.
What is Pre - EMI payment..?
What is
an EMI ? You repay
the loan in Equated Monthly Instalments (EMIs) comprising principal &
interest. Repayment by way of EMI commences from the month following the month
in which you take full disbursement. What is
pre - EMI home loan interest? Pending
final disburs…