When you take a floating-rate home loan from your bank, they generally don't inform you about any changes in interest rates. More so, they are super fast in passing on the increase in rates (due to repo rate hikes) but…
Read More Bank WON’T inform you about Changes in floating Home Loan Rates
A little can go a long way. If you have taken a large home loan and are wondering how to repay it quickly, then one small effort from your side can go a long way. Pay one extra EMI every…
Read More Paying 1 Extra EMI Every Year: How it helps Prepay Home Loan Faster?
A distant relative recently needed money to help his family members. Though he did have some savings in form of an emergency fund, he didn’t want to exhaust it all immediately. I offered to help but he wasn’t very comfortable…
Read More Choosing between Instant Personal Loans vs Credit Cards
Buying a house is what Indians are obsessed about. And some stretch this obsession to buying multiple houses. Even if it means being neck-deep in loans and then servicing them for years. But nevertheless, people do buy homes for personal…
Read More Have 2 Home Loans? Tax Benefits On Second Home Loan
How to quickly Prepay 25-year Rs 1 Crore home loan in a few years. House purchase in India (2023) is one of the biggest decisions for most people, both financially and emotionally. So if you have purchased a house with…
How much income tax you can save on buying an electric car in India (2023)? Slowly but surely, electric vehicles and hybrid vehicles are gaining traction in India over the last few years. And the government too is promoting them…
Read More What are Tax Benefits on Electric Vehicle Loans in India (2023)?
People need money. All the time. At times for good things. And at times, for not such good ones (like medical or financial emergencies). So there is this constant worry that many have whether they would have enough money to…
Read More Keep these points in mind when applying for Personal Loans (2023)
One of the problems of being an Investment Advisor is that even friends bring up money topics while casual discussions. Recently, I was talking to a friend who is planning to buy his first house. Though he can very well…
Read More How Can You Boost Your Chances of Getting Approved for a Home Loan?
Personal loans can come in real handy if you have a financial emergency and no savings to fall back to. I can go on talking about how wrong it is to not have any savings at all. But, sometimes, emergencies…
Read More How a Good CIBIL Score Helps You Get a Personal Loan Quickly (2023)?
Many buyers prefer to opt for under-construction properties as the prices of such properties are lower than the prevailing market rates of ready-to-move-in properties. So it's more affordable for them as they would need to take a smaller home loan…
Read More How to Claim deduction on Home Loan Interest for Under-Construction House (2023)?
Recently, our regulator SEBI recently reduced the trading lot of REITs in India from 200 units to just 1 unit. This move has suddenly improved the liquidity for REITs and is also expected to increase small investor participation in the…
Having a credit card to use in case of emergencies sounds like a good idea. But many people make the mistake of relying only on the undrawn limit of their credit cards for emergencies. They choose to believe that credit…
How to quickly Prepay 25-year Rs 50 lakh home loan in just a few years. House purchase in India (2023) is one of the biggest decisions for most people, both financially and emotionally. So if you have purchased a house…
Read More How to quickly Prepay Rs 50 lakh home loan in just a few years?
Are you planning to buy a house and need to borrow via a Rs 50 lakh home loan? Congratulations! House purchase is a big decision both financially and emotionally speaking. But do you know how much the Rs 50 lakh…
I got a mail from a reader. He wanted to know whether it made sense to take the loan moratorium but continue his SIP. Or should he stop the SIP? No doubt the current situation has reduced many people’s ability…
Read More Pause SIP before Stopping. But pay EMIs first & avoid Moratorium.
