When you apply for a loan, it is always easier to get it sanctioned if you can apply with a co-borrower, since the repaying possibility is doubled by this.
The NRI home loan market in India becomes a huge business during any holiday season. It is during the holidays that the NRIs come to visit India and have time to actually inspect the properties and complete all the legal formalities.
No matter in what part of the world you are in, it is said that the heart always craves for the home. So it's natural that even as an NRI you have always wanted to buy a house back in India.
No matter in what part of the world you are in, it is said that the heart always craves for the home. So it's natural that even as an NRI you have always wanted to buy a house back in India.
The home loan EMIs and interest rates of other consumer loans formulated by the different nationalized banks depend largely on the repo rate (i.e. the rate at which the Reserve Bank of India lends money to its scheduled banks) exacted by the Reserve bank of India.
Godrej Properties have recently signed an agreement with the Central Bank of India, in order to access the bank's retail client base for selling homes within the mid to affordable range.