Home buyers have two kinds of choices while buy home - Built up/under construction property or residential plot. In case of built up property, usage is clear towards residential requirement of the buyer, plot seems more of speculative in nature.

As the name suggest, equitable mortgage is created by borrower in favour of the lender by deposit of title deed of immovable property as security to a lender until the loan is fully repaid.

Salaried individuals living in a rented accommodation can avail benefit on HRA deduction under provision of section 10(13A) while Homeowners can claim deduction of ROI on home loan under provisions of section 24(b) of the Income tax Act, 1961

Loans should be repaid in a timely manner to avoid more debt. Repaying a loan requires careful management of personal finances. Read more on IIFL.

Obtaining a startup loan for new business is a easy process. You just need to be aware of your requirements and financial position before applying. Read IIFL blogs to know more.

Home Buyers should keep in mind points such as CIBIL Score, Down Payment, Debt-to-income Ratio, monthly income and expenses in order to get lowest interest rates while applying for home loan.

Having a good CIBIL TransUnion credit score is one of the basic requirements for a home loan. An acceptable CIBIL score for home loans would start somewhere around 700. Having a credit score of more than 700 is generally considered good. Read more at IIFL Finance Blog.

Efficient planning of down- payment can help with smooth EMIs, hassle-free ROI and convenient home-loan repayment. Read on to know more about home loan down payment.

New home buyers looking to manage their home it is beneficial if they manage their EMI, prepayment and tenure well to significantly reduce burden loan burden

home loan limit for home buyers belonging to economically weaker sections will increase to Rs. 35 lacs from Rs. 28 lacs in metros and from Rs. 20 lacs to Rs. 25 lacs in non-metro cities