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Purpose Payment of course fees. Purchase of books, equipments, instruments, uniform, payment of hostel fees, examination fees, study tours for studies in India Eligible Courses Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Computer, Management, etc. Quantum ofFinance Need based…
Top Banks Home Loan maximum Amount eligibility Banks Name Minimum loan amount Maximum Loan Amount SBI 3 lac No Uppar limit HDFC Ltd 5 lac 80% of the property value ICICI Bank 3 lac 80% of the property value Bank…
Best Home Loans, Get Your Eligibility and Quotes from Different Banks Bank Name Floating Interest rate Floating Interest rate Processing Fee Prepayment Charges State Bank Of India above 20lacs to 30lacs 9.95% Upto 25 lacs : 0.125% of loan amount minimum…
Who is eligible for a home loan? Indians with a regular source of income, which includes salaried individuals, self-employed professionals, self-employed business people, NRI individuals and xisting property owners who can pledge it as security for the loan, are all eligible…
UNDERSTANDING FINANCING YOUR CAR Most consumers need financing to buy a car. The most common type of car financing is financing obtained through, or from, a dealership. Most dealership financing involves a contract with the dealer. Consumers also may arrange for their…
Any finance availed for the purchase of buying a brand new or a used car is defined as Car Loan. Car loan, also known as Vehicle Loan or Car Finance is one the most complex loan product in India because…
International auto majors, who have been speeding into the rapidly growing Indian automobile market in recent years, are trying innovative strategies to expand market share and boost sales. Many are now setting up finance subsidiaries that offer loans to consumers, institutional buyers and even dealers. As in many other…
Home loan borrowers are entitled to tax benefits under Section 80C and Section 24 of the Income Tax Act. These can be claimed by the property’s owner. In the case of co-owners, all are entitled to tax benefits provided they…
1. For what purposes can an NRI avail a home loan? A home loan can be availed by an NRI for any of the following purposes: a) To purchase a house either ready-built, under construction or from a second owner. b)…