Do You Know About PMAY And Its Eligibility Criteria Tracking Process?

The Pradhan Mantri Awas Yojana (PMAY) is an ambitious housing scheme of the Central Government initiated by PM Narendra Modi in 2015. If you don’t have any pucca home anywhere in India, you have the required PMAY eligibility to apply. You and your family’s annual income should also be up to Rs.18 lakh to apply. Tracking the PMAY eligibility is also easier. Let’s check out this post!A quick look at the PM Awas Yojana eligibility norms You...

Read More

You must know the eligibility criteria for loan against property

If you have a residential or commercial property in a leading city in India and you want a significant amount, then you don’t need to apply for a personal loan. It is because it comes with a higher interest rate. You can simply use your property, keep it as collateral and apply for loan against property at a lower rate. But to do that, you need to meet some standard eligibility criteria for loan against property and submit a few documents. Read...

Read More

Do you know Stamp duty and registration charges in Mumbai, Maharashtra

Before you know how to apply for home loan in India, you should have a fair idea about all the charges involved. And one of the most crucial ones is the stamp duty in Maharashtra’s Mumbai or anywhere else where you invest in a home. This way, you can easily evaluate the overall cost of the home loan. Read on and know about the stamp duty in Maharashtra, along with registration charges!What is the stamp duty charge in Maharashtra’s...

Read More

A complete guide on Pradhan Mantri Rozgar yojana

Pradhan Mantri Rozgar Yojana (PMRY) saw the light of the day way back in 1993. It was initiated to offer self-employment to the educated women and youth of India. Let’s know about Pradhan Mantri Rozgar Yojana in this quick post!What is Pradhan Mantri Rozgar Yojana?Pradhan Mantri Rozgar Yojana intends to provide subsidized financial support to help the youth and women of India to come up with their self-employment vehicles. It is possible to...

Read More

Things to consider before applying to Pradhan Mantri Awas Yojana for home loan

 Pradhan Mantri Awas Yojana (PMAY scheme) is an initiative of the Central Government of India headed by PM Narendra Modi. It was launched in 2015 to help the poor population get into their own pucca home across India. Anyone or family not having any pucca home anywhere in India can apply under the PMAY scheme. This way, they can pocket home loan interest rate subsidy of up to 6.5% or Rs.2.67 lakh as per their income group. However,...

Read More

A complete guide on how to apply for home loan in Gurugram

Do you live in Gurugram and want to apply for a home loan in Gurugram? If yes, you can do that easily online right on the website of your preferred lender.In turn, it can help you to save your time and let you avoid stepping out in COVID-19 times. Read on and know the easy steps to apply for an online home loan in Gurugram! Applying for an online home loan in Gurugram made easy The foremost step is to land on the website of a...

Read More

Eligibility criteria, features and benefits of top-up loan

Do you have an ongoing home loan that you are paying a large interest amount on and want to cover your different needs without managing larger interest rates? If yes, you can switch your home loan to another lender offering a lower rate. This way, not only your home loan interest rate will come down, helping you pay lower EMIs, but even a top up loan. A top up loan will help you manage all other needs at a lower rate and a longer tenor. Let’s...

Read More

Know How to Complete your Dream of Owning a House Using PMAY

It is the dream of everyone to have their own home. But not everyone is able to achieve it. It is because the cost of investing in a home is not under the budget of all. But if you still don’t have a pucca home in India, you can now fulfil your wish today. All that you have to do is – apply for a home loan and enjoy an interest subsidy under PMAY. PMAY stands for the Pradhan Mantri Awas Yojana. It was launched by PM Narendra Modi in...

Read More

Top 6 factors that can affect home loan interest rates

When it comes to applying for a home loan, you need to pay interest rate charges. A longer tenor may lead to the payment of higher home loan interest charges. Many people do not consider aspects that can affect their housing loan interest rate charges. On that note, let’s check out a few factors that can affect your home loan interest rate!Credit scoreCredit score plays an important role when it comes to your finally offered housing loan...

Read More

Steps to check your name in PMAY List 2021

The Pradhan Mantri Awas Yojana is a beneficial scheme initiated by the Indian Government. It allows intending homebuyers to avail CLSS home loans and other benefits. However, borrowers must note that they will receive an application number after applying successfully. This registration number is needed while checking the PMAY list. Steps to check PMAY listEligible borrowers can follow the steps below to check their names on this list. For...

Read More