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Principal Amount Repaid On Home Loan

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Bad economics, poor decisions

Let's say you are an auto-rickshaw driver. Typically, you would not own the vehicle you drive, but instead rent it from its owner for a flat daily fee, which will range between Rs 100 and Rs 170......

Fewer takers for home loans

Growth in the home loan market may see a drop of 10 percentage points or more from the current 30 per cent following the recent increase in interest rates. Leading bankers expect the number of......

Deduction on home loans: How helpful is it?

  It has been announced for a year. If you borrow with spouse, this limit doesn’t come into picture Finance Minister Arun Jaitley brought cheer to first-time home buyers by offering an......

Tax: You can claim HRA and home loan benefits

Ajit, currently employed with Company A, is staying in a rented apartment in Mumbai and has bought himself a property in Chennai for which he has taken a home loan. He finds himself in a dilemma......

Need more from your home loan? Here's help

Vinita Mistry took a home loan from her friendly neighbourhood bank two years ago. She bought a cute cozy apartment in a block of 60 apartments in a community enclave, which housed 300 apartments......

Gold Loans On RBI, Finance Ministry Radar

Loan against gold as a product is catching on fast.Let's keep the momentum going, but aim for sustainable growth.A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay. Kindly......

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