Should i opt for Fixed Interest Home Loan ?

Fixed Interest Home Loan

Recently ICICI Bank launched Fixed Interest Home Loan at 10.25% for 10 years. It created buzz and i received multiple queries from my readers whether to opt for Fixed Interest Home Loan at 10.25% for 10 years or not. Sometime back i wrote a post on Truly Fixed Interest Rate Home Loans . Fixed Interest Home Loans cater to specific set of Borrowers who are basically risk averse. Fixed Interest Home Loan product is more suitable during uncertain economic conditions. Broadly speaking interest rate … [Read more...]

Are you Financially Ready for Home Loan ?

Ready for Home Loan

Are you Financially Ready for Home Loan ? Unfortunalety no one pose this question to potential Home Loan Borrower. Infact, it is in the best interest of a borrower to ask himself whether i am financially ready for Home Loan or not. Financial Planning before availing Home Loan is imp task to avoid any future shocks. Home Loan is a huge financial committment (read: Financial Burden). If Home Loan financial readiness is not planned well in advance then it can lead into another financial mess. Based … [Read more...]

Impact of Domain Forwarding on SEO

domain forwarding

Domain Forwarding is redirection of Traffic from Domain A to Domain B. With growing influence of virtual world, it is very crucial to Protect online brand identity. Currently, a domain name can be registered with lot of domain extensions like .com, .net, .org, in etc. Though for some domain extensions there is a restriction in place. Not everyone is allowed to book restricted domain extension e.g. domain extension .gov.in (reserved for govt of india). More or less web is open for everyone. You … [Read more...]

Should i invest in Capital Protection Fund ?

Capital Protection Fund

There is a famous saying that Marketing rules the roost. Capital Protection Fund is one such example. The biggest fear of any investor is to lose money. Capital Protection Fund capitalize on this fear. Its like providing safety net to your principal aka Capital invested and delivering returns over and above the principal amount invested. In short, the fear of loss of basic capital/principal is eliminated...Sounds interesting!!! Some MF advisors project Balanced Funds as type of Capital … [Read more...]

How Home Loan Eligibility is Fixed ?

Home Loan Eligibility

One of the key concern of a Home Loan Borrower is Home Loan Eligibility. In one of my previous post on 6 Steps of Home Loan Process i highlighted 6 critical factors which impact Home Loan Eligibility. Many readers requested me to write a seperate post on Home Loan Eligibility. Let me admit that there is no scientific method to fix Home Loan Eligibility. If an Individual A apply for a Home Loan with 3 different banks, All 3 banks will fix different Home Loan Eligibility. The deviation is normally … [Read more...]

Five Steps to Close Home Loan of a Seller

close home loan

How to close home loan of a seller is one of the prime concern of any buyer. One of my client Ms. Jyoti Suneja finalized a property in Gurgaon. She was worried because seller had home loan from Bank A. In my opinion, buying a mortgaged property is safest bet. To close Home Loan of a seller is not that difficult task as it is perceived by the buyers. 70% of the property transactions in India are through Home Loan. In 40% of the cases buyer has to close Home Loan of a seller. In my previous post … [Read more...]