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Category: Home Loan

How long does home loan approval take?

Getting a home loan is a major milestone towards owning your dream house! 🏠💚 But one common question every applicant has is – how long does the home loan approval process actually take? Let’s dive deep into the timeline, the...
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What is the maximum loan amount I can get?

Dreaming big? 🏡💼 Whether you’re planning to buy your dream home, expand your business, or need a personal loan for emergencies, knowing the maximum loan amount you can get is the first step to making informed financial decisions. Let’s dive...
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Can I increase or decrease my EMI amount?

Yes, you can increase or decrease your EMI (Equated Monthly Installment) amount in certain situations, depending on your lender’s policies and your loan type. 🏦 Many borrowers experience changes in income, expenses, or financial goals during the loan tenure, and...
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Is part-prepayment allowed on home loans?

Yes, 🏠 part-prepayment is absolutely allowed on most home loans offered by banks and NBFCs in India. It is a smart and strategic way to reduce your loan burden, shorten your repayment tenure, and save significantly on interest costs. 💰...
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What are the tax benefits of a home loan?

Taking a home loan not only helps you fulfill your dream of owning a home 🏠 but also brings along several tax-saving advantages 💸. The Indian government offers various tax benefits on both the principal and interest components of your...
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