Most Indians believe in savings. Most prefer to spend on things that are necessary. This possibly led to savings becoming a habit for many in our country. However, due to increase in demand and inflation, people at times have very little option but to borrow money to meet their necessities. No doubt, there is a big gap between their reality and aspirations. For banks, this is an excellent opportunity to introduce attractive loan offers. Buying a home is perhaps one of the most crucial decisions of one’s lifetime. So, before you plan to buy a property, let’s understand in detail, home loans and the types of mortgage loans in India.
Before you sign an agreement with the bank, it’s important to understand: Read More