Let's answer it straightaway - It is not mandatory to take insurance for a home loan. If a bank executive is forcing you to accept an insurance plan for your home loan, you can complain about it to the customer care executive or senior bank...
Read MoreHow Much Can You Save on Affordable Housing Loans?
Now, how do we determine what is affordable housing? Affordability can be perceived differently by different people depending on their budgets and income. As per the government notification, affordable homes are those housing units whose stamp...
Read MoreHome Loan Tax Rebates – Do they actually save – Find out
In our culture, people believe that a new home is more than a new asset - it is an auspicious milestone, that brings good fortune to the family. The tax breaks announced by the government recently, ensure this holds true - you can save more than...
Read MorePrepay Home Loan or Mutual Fund SIP – Which Option to Use ?
Prepay Home Loan or Mutual Fund SIP - If you are reading this, there's a good chance you are a Serial Saver - i.e, you are able to save at least 20% of your income every month. If that's the case, a big Congratulations from Wishfin! But Saving is...
Read MoreShifting Home Loan to New Lender Can Save You More than 2 Lakh!
Do you know you can save more than ₹2 lakh on a home loan? Yes, it’s possible if you make a balance transfer at the right time. The balance transfer is a process by which you can switch the existing loan balance to another lender at a lower and...
Read MoreCan Fin Homes Ltd. Home Loan
Bringing with itself over 31 years of experience in the home loan segment, Can Fin Home Loans has brought many dreams come alive. Can Fin Homes Ltd. was set up in 1987 under the sponsorship of Canara Bank with the sole objective of helping people in...
Read MoreHow Will the Hike in Tax Breaks on Affordable Housing Loans Benefit You?
The Finance Minister Nirmala Sitharaman has finally presented the Union Budget 2019 on the floor of the Lok Sabha. She announced a slew of tax reliefs across several sectors of the economy, including affordable housing. While delivering her maiden...
Read MoreHome Loan Agreement Clauses You Must Know
Before taking a home loan, you shall read the loan agreement carefully to steer clear of the uncertainties that may prevail otherwise. If you find anything hard to understand in the clause, you can ask the lender to make it clear to you. You should...
Read MoreReasons for Home Loan Rejection and How to Avoid it
Rejections are always painful especially when it's unexpected. Buying a new house is already a tedious task and when you have to do it via a home loan, you want things to be in sync with your requirement. The process of getting a home loan approval...
Read MoreHow Can You Save Taxes on Joint Home Loans?
Buying a house and repaying the loan together is what we call true partnership. In today’s time when women and men are working professionals, people have found confidence in themselves that they can take a home loan together and share the...
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