Author: cholamandalam
Income Tax Benefits You Get from Home Loans
While home loans are an ideal way for you to enter your dream home, they can yield some other benefits too. One of them is Income Tax benefits that you can avail using your repayment of the home loan. The Government of India offers several tax benefits to encourage its citizens to own a home.…
Read MoreHome Loan Types: What Are Your Options?
- cholamandalam
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Buying a home is a dream shared by millions of people in India. No words can express the feeling of opening doors to a new home. Even though, real estate prices have been on the rise, owning a home has become a lifetime goal for most of us. However, for many, the only way to…
Read MoreKnow why your Home Loan application got rejected
- cholamandalam
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Buying a house can most likely be one of the biggest financial decisions one has to take in their lifetime. With rising costs, buying a home with the money in hand has become almost impossible for many. Hence, people rely on loans to make their housing dreams come true. When these loans get rejected, it…
Read MoreWhy should you utilize your property to grow your business?
India is one of the fastest growing economies in the world. With abundant natural resources, skilled work force and technological advancements, India is proving to be a land of opportunities for entrepreneurs across the country and investors around the world. This gives budding entrepreneurs the confidence to plunge into the market and explore their opportunities.…
Read MoreThings to remember before applying for a Loan Against Property
Loan against property is a secured type of loan where one needs to pledge their property to avail a loan. However, there are certain terms and conditions that needs to be known by the borrower before going ahead with it. These terms and conditions can be overwhelming for first time borrowers. Following are a few…
Read MoreHow Can Small Businesses Get a Loan in India?
In India, any manufacturing and service enterprise with an investment of less than Rs. 10 crores and an annual turnover of less than Rs. 50 crores fall under the category of small business according to the Ministry of Corporate Affairs, Government of India. For medium enterprises, it will be Rs. 10 Crores of investment and…
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