Step by step guide to help you partially prepay your home loan

It may look difficult to pay back your home loan much before its actual tenure. However, you can simply do it if you carefully plan and use your disposable income. A prepayment is a great tool to close the home loan early, save interest outgo and reduce the EMI bond. There are two ways to … Read more

Home loan rates may rise soon; retail depositors set to see higher returns

Interest rates on home loans could move up soon even as banks will continue to increase deposit rates. Bankers said it is somewhat unreasonable to expect home loan rates to be at 6.4-6.5% when the benchmark yield is north of 7%. Though home loans are typically linked to the repo rate, which was left unchanged … Read more