Home Loan News
Home loan is just another category of loan provided by banks or non-banking financial corporations or other financial institutions. A loan is when you borrow a certain amount of money at a pre-decided rate of interest and tenure. Home loan is one of the most popular and most commonly used categories of loans. Financial institutions keep the property bought by an individual as collateral and offer him/her a loan against the property. A home loan usually has longer tenure such as 20 years, 25 years. The rate of interest on a home loan generally depends on the key
Salary heavy on reimbursements? You may not get the home loan or credit card you want.
A pay package heavily loaded with reimbursements may offer short-term tax benefits, but could significantly affect your home-loan eligibility and limit your access to premium credit cards.
4 min read14 May 2025Why joint home loans could be a smart move for homebuyers
From interest rate discounts and tax breaks to stamp duty cuts, joint home loans can significantly lower the cost of homeownership, especially with a female co-borrower. But exit complications and stricter subsidy rules add new risks.
6 min read13 May 2025What are the tax benefits of taking a home loan?
Under the old tax regime, a home loan taken for a self-occupied property is eligible for a deduction of ₹1.5 lakh per annum on principal repayment and ₹2 lakh per annum on interest.
2 min read13 May 2025Home loan balance transfer: 3 smart reasons why you should switch today
Explore the benefits of a home loan balance transfer in 2025 cut down your EMIs, enjoy flexible repayment options, and experience improved service. With falling repo rates, now is the perfect time to switch lenders and maximise your savings smartly.
3 min read25 Apr 2025The home loan playbook: Expert tips to save time, stress, and big money
Home loans don’t have to be confusing or expensive—learn how to choose the right bank, structure your EMIs, and use insider hacks to cut costs over the long run.
7 min read23 Apr 2025How to reduce home loan EMIs? 5 simple moves for big savings
Learn five smart strategies to reduce your home loan EMIs, including refinancing, partial pre-payments, extending loan tenure, boosting EMI amounts, and opting for step-up EMI plans. Lower your financial burden and save on interest over time.
3 min read21 Apr 2025Home sales dip 19% in Q1, says report. How did Delhi-NCR market perform? Find out
The report highlights rising property costs and the global tariff and trade war causing instability in the job market. The real estate destinations analysed include Delhi-NCR, Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, and Pune.
2 min read18 Apr 2025Lower EMIs? THESE banks cut their home loan lending rates in past one week. Check details
A number of public sector banks including SBI, PNB, Indian Bank have Bank of Maharashtra have cut their repo linked lending rates on home loans in the past few days
1 min read15 Apr 2025Joint home loans in India: Pros and cons for couples to boost eligibility and save tax
Joint home loans in India offer enhanced eligibility, tax benefits, and shared repayment, but they also carry risks such as joint liability and impact on credit scores. Couples must evaluate the pros and cons carefully before applying according to their long-term financial goals.
2 min read9 Apr 2025Mint Explainer: How RBI's latest rate cut, change in stance impact borrowers, depositors
The RBI's second repo rate cut should cheer retail borrowers with floating-rate loans, most of whom have already benefited from the previous cut of 25bps in February.
3 min read9 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared