RBI Monetary Policy Outcome: The six-member MPC has kept the repo rate steady at 4% with an accommodative stance.
Here are a few factors that you should keep in mind if you are buying a house in your 40s
Besides NEFT and RTGS, gross payment facility NACH will be available 24X7, RBI had announced.
Though there is ease of getting a loan from the new age digitised lenders, every borrower needs to exercise caution and do their own due diligence
Two public sector banks and five private lenders are in the market. Others may follow suit soon
The electric two-wheelers will be provided on a monthly lease inclusive of comprehensive insurance that will be deducted as EMI
Most people spend majority of their savings on the downpayment on their homes. This typically comprises all liquid investments such as MFs and FDs
The specifics vary according to the type of loan, but you can generally anticipate a bad reputation for your credit history if you missed EMI
If you are looking to buy a property, you must factor in a number of expenses that you may have to incur other than the quoted price of the property
Developers often leave projects incomplete in under-construction properties while ready-to-move-in properties are usually more expensive