ICICI Bank Cashback Home Loan – Should you opt?

In order to woo customers in the festival season, ICICI bank has recently launched Cashback Home loan. This new cashback home loan offers a benefit of 1% cashback on every EMI paid by the borrower. The cashback Home loan is available for domestic resident and NRI customers. If you are planning to take home loan it is worth to explore cashback home loan offered by ICICI Bank. Here are unique features and benefits offered by Cashback Home Loan. Key Features […]

NRI Home Loan – Document and Checklist

NRI Home Loan – Every NRI aspires to buy a dream home in India. NRI can take a home loan for buying a flat, row house or bungalow in India. NRI can also take home improvement loan and home extension loan. Buying a home in India by availing home loan is a tedious process for NRI, especially when you are abroad. If you are NRI and intended to buy a house India by availing Home Loan this post if for […]

Home loan Tax benefits – Section 24, 80EE & 80C- 10 less known facts

Many of us take a home loan to buy the dream home. However, we hardly know the tax benefits associated with Home loan. In this post, I will throw light on Home loan tax benefits. I will also cover 10 less known facts which are not known to a majority of people. Home Loan Tax Benefits Home Loan EMI payment has two components (1) Principal (2) Interest (Section 24). You can avail tax benefit on both these components. Principal – […]

Best home loan interest rate comparison 2016

Before starting actual talk on Best home loan interest rate comparison, let me share one incident with you. Manish employee of MNC Company has recently got transferred in Mumbai, and he is planning to purchase a dream home in the Mumbai. After doing a property search for several days he realized that buying a home without taking a home loan is extremely difficult for him.  It is the case with everyone. We cannot imagine buying a home without taking a […]

Home Loan EMI Calculator Prepayment and Closure

What is Home loan amortization table? How to make own Home Loan EMI Calculator ? If you looking answer of these questions, you are at right place. Today I will be sharing useful information about Home Loan EMI Calculator, Prepayment, and Course. Home Loan and EMI is an integral part of our life. One cannot afford to buy dream house without taking a home loan. However, Home loan is a big financial obligation. It last for several years and squeeze […]