The Pardan Mantri Avash Yojna was launched in 2015 and was aimed at providing affordable housing for everyone by 2022. Under the PMAY Scheme, The Ministry of Housing and Urban Poverty Alleviation has extended a subsidy known as Credit Linked Subsidy or CLSS for the construction of new homes and for refurbishment or extension ofContinue reading “How Does PMAY Make Home Purchase Easy?”
Tag Archives: home loan
Why a Home Loan Balance Transfer Could be a Good Idea in 2022
A home loan balance transfer involves transferring the outstanding balance on a home loan to another lender, usually to get access to a lower rate of interest. After that, if you can submit the documents required for home loan transfer, your new lender pays the outstanding balance to your previous lender. So, the previous accountContinue reading “Why a Home Loan Balance Transfer Could be a Good Idea in 2022”
What Documents Do You Need for a Home Loan?
The number of homeowners in India has been growing steadily over the past few years. A major reason for this is the availability of convenient home loans. There is plenty of flexibility provided with these loans, whether it is regarding tenure, repayment options or the type of loan. Home loans also provide attractive interest rates.Continue reading “What Documents Do You Need for a Home Loan?”
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